#EB456728, LINDA HOLT, Listing office: C21 HOUSE OF REALTY, INC. CD
Property details
About 505 W Cherry St Unit 2
NEEDS TLC AND PRICED ACCORDINGLY. The property is a duplex with each side having 1 bd/1bath, living room and kitchen. It's a cozy nest for living near downtown or Southern Illinois University campus. The units are locked from each other, but share a basement. Parking is off street. BANK FORECLOSURE! Priced well below the last appraisal. There is no history of expenses or rents, only current information since the bank took over. Most units are in good condition and have been inspected by the City. Most units are currently rented, some through 2026. Attached is a list of all the foreclosures from this bank with current asking prices. They may be purchased in blocks at a discount. There are no disclosures required because this is a foreclosure. They will be sold “AS IS” with no warranties, but inspections are permitted.
Highlights
Home typeMulti Family
HeatingForced Air, Natural Gas
StatusActive
BasementYes
Year built
ParkingParking Pad
MLS #EB458819
Summary
- Basement: Yes
- Interior: Cable Available
- Parking: Parking Pad
- Heating: Forced Air, Natural Gas
- List Price: $40,000
- Lot: Sloped
- Directions: From S. University, west on Cherry to 505 on the south side.
- MLS Number: EB458819
- MLS Name: RMLSA
- Office Name: COMMERCIAL REALTY ASSOCIATES
- Listing Agent: Rolf Schilling
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.
DMCA Notice
The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2025 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/19/2025, 1:35:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
We're sorry, we currently don't have tax history data for this listing.
Nearby schools
2
Thomas Elementary School
Public District 2-3
1.2 mi
•1025 N Wall St
5
Lewis School
Public District 4-5
1.3 mi
•801 S Lewis Ln
9
Tri-C Elementary School
Public District KG-3
6.7 mi
•1405 W Grand Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $10,875. Typical income of Carbondale, IL residents is less than $<35k annually. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
97%
<35k
2%
35k-100k
1%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
96%
Single, No Kids
1%
Single, with Kids
3%
Married, No Kids
0%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
1%
<11 yrs old
0%
12-17 yrs old
92%
18-34 yrs old
7%
35-64 yrs old
0%
65+ yrs old
What do the neighbors do for fun?
NBA/WNBA
Major League Soccer (MLS)
Soccer
Where do the neighbors shop?
Express/Express For Men
Banana Republic
Forever 21
Where do the neighbors go to eat?
Starbucks
Sonic
Dominos Pizza
What do the neighbors drive?
Pontiac
Infiniti
Mazda
What do the neighbors listen to?
Urban Contemporary
Rhythmic Contemporary Hits
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 505 W Cherry St Unit 2
The listing price of 505 W Cherry St Unit 2 property is $40,000.
The property 505 W Cherry St Unit 2 is a multi located in Carbondale, Illinois, 62901.
Active Listing: 505 W Cherry St Unit 2 is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 505 W Cherry St Unit 2 are: Thomas Elementary School (GreatSchools Rating 2/10), Lewis School (GreatSchools Rating 5/10), Tri-C Elementary School (GreatSchools Rating 9/10), Carbondale Middle School (GreatSchools Rating 3/10), Unity Point Elementary School (GreatSchools Rating 7/10), Giant City Elementary School (GreatSchools Rating 8/10), Carbondale Community High School (GreatSchools Rating 4/10), Murphysboro High School (GreatSchools Rating 3/10), Carterville High School (GreatSchools Rating 9/10).
The year of construction for 505 W Cherry St Unit 2 is 0.
This home is located at 505 W Cherry St Unit 2 in Carbondale, IL and zip code 62901. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $40,000.
While more than 13 listings in Carbondale, IL in June 2025 were sold above asking price, there were more than 8 listings sold at asking price, and more than 19 were sold below. The number of listings in Carbondale, IL increased by 21.4% between May and June 2025. Listings spent 74 days on the market in June 2025, and had a median list price of $149,950 during the same period.
From Rocket Homes Real Estate and based on county public records data.