This Multifamily Property is no longer advertised on LoopNet.com.

218 & 220 S Broad Street
Carlinville, IL 62626
South School Loft Apartments · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Matthews Real Estate Investment Services™ is pleased to present South School Loft Apartments, a 24-unit multifamily investment opportunity
  • South School Loft Apartments, formerly South School, was converted into multifamily housing in 2005
  • With below-market rents and strong in-place cash flow, South School Loft Apartments presents investors with a rare opportunity to increase revenue
  • Carlinville has experienced steady growth over the years and is home to several notable landmarks
  • The property is comprised of 24 units, including sixteen (16) two-bedroom/one-bath apartments and eight (8) three-bedroom/one-bath apartments

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.42 AC
Building Size 33,338 SF
Average Occupancy 100%
No. Stories 3
Year Built 1938

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Heating
  • Kitchen
  • Oven
  • Range

Site Amenities

  • 24 Hour Access
  • Controlled Access
  • Tenant Controlled HVAC
  • Walk-Up
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Number
12-000-981-00
Land Assessment
$16,741
Improvements Assessment
$80,013
Total Assessment
$96,754
  • Listing ID: 37641700

  • Date on Market: 9/11/2025

  • Last Updated:

  • Address: 218 & 220 S Broad Street, Carlinville, IL 62626

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}