#EB456390, JAMES STEINBACH, Listing office: FIVE STAR REALTY
Property details
About 507-509 W College St Unit 12
GREAT OPPORTUNITY within 2 blocks of the Southern Illinois University campus! Average price of the units is $34,000@. This is a bank foreclosure that has only 4 vacancies at time of listing and 6 leases signed until some time in 2026. The 3 bds. have two in the upper level and one in the lower level; bathrooms on both bedroom levels. Each of the two buildings has 3 three bedroom units and 3 two bedroom units. There is some deferred maintenance, but City inspected.
Highlights
(Pending (No Showings))
Summary
- Basement: No
- Parking: Parking Pad
- Heating: Forced Air, Natural Gas
- Cooling: Central Air
- List Price: $400,000
- Lot: Level
- Directions: S. Poplar St. then east on College St.
- Year Built: 2005
- MLS Number: EB458573
- MLS Name: RMLSA
- Office Name: COMMERCIAL REALTY ASSOCIATES
- Listing Agent: Rolf Schilling
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Price information
Property sales
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Tax history
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Nearby schools
5
Lewis School
Public District 4-5
1.3 mi
•801 S Lewis Ln
2
Thomas Elementary School
Public District 2-3
1.3 mi
•1025 N Wall St
9
Tri-C Elementary School
Public District KG-3
6.8 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. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 507-509 W College St Unit 12
The listing price of 507-509 W College St Unit 12 property is $400,000.
The property 507-509 W College St Unit 12 is a multi located in Carbondale, Illinois, 62901.
Sale Pending: 507-509 W College St Unit 12 is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.
The nearby schools for 507-509 W College St Unit 12 are: Lewis School (GreatSchools Rating 5/10), Thomas Elementary School (GreatSchools Rating 2/10), 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 507-509 W College St Unit 12 is 2005.
This home is located at 507-509 W College St Unit 12 in Carbondale, IL and zip code 62901. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $400,000.
Carbondale, IL housing market in July 2025 saw over 9 listings sold above listed price, more than 4 sold at listed price and over 9 sold below. The number of homes for sale in Carbondale, IL decreased by 0.6% between June and July 2025. While the average time on the market in July 2025 was 28 days, the median list price was $150,000.