1941 S ILLINOIS AVE CARBONDALE, IL 62903

Features

• Price/sqft: $3
• Lot Size: 1.06 acres
• Stories: 2
• Roof Type: Composition Shingle
• Heating: Central
• Construction Type: Frame

Facts

• Year Built: 01/01/1923
• Property ID: 652867389
• Parcel Number: 15-33-201-004
• Property Type: Single Family Home
• County: JACKSON

Description

This property is offered for sale directly by the owner. For Sale By Owner homes, also known as FSBOs, can be a good buying opportunity, because the owner will save up to 6% when there are no brokers involved in the transaction. This leaves more room for price negotiation and potential buyer savings.

This listing is NOT a foreclosure. This recently remodeled, SB: Small Business zoned, property has 3 well maintained rental units in the same 1.079 ac lot. UNIT 1: large 4 bedroom, 2 ceramic tile bathrooms house (2141 sqft) with chimney (has been rented for $1220/month); UNIT 2: a studio (in the basement of unit 1) with a large brick chimney, a modern LED lit kitchen and a bathroom (rented for $380/month); UNIT 3: a 3 bedroom cottage (1500 sqft), with 1 ceramic tile bathroom with carport (rented for $720/month), and a large 2 level /shed. The property has being inspected and has met all requirements by the city of Carbondale as a rental property. UPDATES: New stairs in shed and new laminate floor in basement studio bathroom in 2016. New kitchen and carpet in 2015 in unit 3. New floor in units 2 and 3 in 2015. New electric range-oven installed in 2015. Exterior wood shingle siding stained and weather proofed in 2015. New circuit breaker panels (200/100 Amp) were completely replaced in both houses in 2007. Roof was replaced in 2007 in the largest house and in 2010 the flat roof was replaced by a completely new hipped roof, You can use the cottage to run a small business, while living comfortably in the large house and rent the studio as an extra income. A Jacuzzi was installed in the second floor bathroom in 2003. Tiles were installed in 2003 in kitchen, and all bathrooms in 2003. Most of the appliances are new and E-efficient, All drainage and sewage pipes were replaced in 2003 and 2004. You can live in the large house almost for free, while the rent collected from the two rental units practically cover for the monthly mortgage, or you can rent all three units and get easily over $2300 per month in rent or even more via air B&B. This property, which is 1.079 ac (lot size 120 x 316 ft), has an ideal location, since it is across the Southern Illinois University campus (south side). Additionally the property is located in the best elementary school district in Southern Illinois (Unity Point Elementary School), and Carbondale High school, Jackson county.