• 408 W Freeman ST, Carbondale, IL 62901
    408 W Freeman ST, Carbondale, IL 62901
    408 W Freeman ST, Carbondale, IL 62901
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    Listed by Alexander "Alec"K Childers • HOUSE 2 HOME REALTY
    $750,000
    Est. payment /mo
    4,645 SqFt

    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4,645 sqft

    Price per Sqft $161

    MLS Listing ID PA1269365

    Year Built 1980

    Annual Tax Amount $8,987

    Tax Year 2025

    Lot Dimensions 158x100

    Property Sub-Type Commercial

    Source rmlsa

    Property Description

    Opportunity awaits at 408 W. Freeman Street in Carbondale! Formerly utilized as a fraternity house and currently operating as student housing, this substantial property offers a unique combination of space, income potential and flexibility just minutes from Southern Illinois University. The property features 12 bedrooms, 4 full bathrooms and expansive common areas, including a large living room, dining area, spacious kitchen and additional gathering/bar room. Currently occupied by 10 students with reported rental income of $4,200 per month. Tenants pay their own utilities, with the owner currently responsible for trash service. Additional features include ample off-street parking, multiple HVAC components, two water heaters and a Generac standby generator with automatic transfer equipment. With its high-capacity layout and established rental use, this property presents an intriguing opportunity for investors, student-housing operators or buyers seeking a property with substantial space and redevelopment potential. Property is being offered in its present condition. Buyer to independently verify property use, zoning, occupancy allowances, bedroom count, financial information and all other information material to buyer's intended use.

    Location

    State IL

    County Jackson

    Area Paar Area

    Zoning Commercial

    Direction 13W onto S Poplar St, left on W Freeman St, property on your left

    Interior

    Heating Electric

    Cooling Central Air

    Flooring Tile

    Fireplace N

    Exterior

    View true

    Roof Type Shake

    Garage 1

    Building

    Building Description Vinyl Siding,Frame, Cable

    Faces 13W onto S Poplar St, left on W Freeman St, property on your left

    Sewer Public Sewer

    Water Municipal/City

    Structure Type Vinyl Siding,Frame

    Others

    Tax ID 15-21-332-011

    Virtual Tour https://unbranded.visithome.ai/iKps3KcvvgDHsH3gkRvBWT?mu=ft


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker License ID: 475.141177

    Broker License ID: 475.141177

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