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402-408 E Hester St
Carbondale, IL 62901
Multifamily Property For Sale · 14 Units

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EXECUTIVE SUMMARY

INVESTMENT OPPORTUNITY across the street from Southern Illinois University's campus, recreation center and medical services building. Recent bank foreclosure
discounted off most recent appraisal. The majority of the units are rented. Carbondale City inspected. Newer construction with major appliances included. This is a great opportunity to take advantage of a property that was last valued at $1.1M.

PROPERTY FACTS Under Contract

Price Per Unit $51,429
Sale Type Investment
No. Units 14
Property Type Multifamily
Property Subtype Apartment
Apartment Style Townhome
Building Class B
Lot Size 0.57 AC
Building Size 12,852 SF
No. Stories 2
Year Built 2008
Parking Ratio 0.78/1,000 SF
Opportunity Zone Yes

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower

SITE AMENITIES

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

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 14 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 15-21-430-010
  • 15-21-430-011
  • 15-21-430-009
Land Assessment
$12,603
Improvements Assessment
$205,042
Total Assessment
$217,645
  • Listing ID: 36696608

  • Date on Market: 7/11/2025

  • Last Updated:

  • Address: 402-408 E Hester St, Carbondale, IL 62901

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