Skip main navigation
Active
  • $350,000

    1302 & 1306 E Walnut St, Murphysboro, IL 62966

    4beds
    --baths
    5,996sqft
    : 
    Loading
    Get pre-qualified
    Single Family Residence
    Built in 1931
    3,680 Square Feet Lot
    $324,700 Zestimate®
    $58/sqft
    $-- HOA

    What's special

    Welcoming retro feelDowntown loft-style atmosphereExposed characterUpdated hvac systemsVintage details
    Exceptional mixed-use investment opportunity in the heart of downtown Murphysboro! This unique offering consists of two sister buildings connected by a shared hallway that provides access to the upstairs residential units, creating a cohesive property with multiple income-producing opportunities under one ownership. The main level features two storefronts along Walnut Street, currently occupied by established long-term tenants, including a popular retail shop and a hair salon that have become staples of the local community. Upstairs, you'll find two beautifully maintained residential units full of character and charm. One unit currently operates as a furnished short-term rental, while the second is occupied by a long-term tenant, providing a combination of flexibility and dependable income. The current owners purchased the property in 2018 and completed an extensive renovation of both buildings, investing significant time and resources into preserving the historic character while modernizing the property for today's market. New roofs were also installed by Clover Roofing in 2022. Their pride of ownership and commitment to the community are evident throughout, they would love to see a new owner continue building on what they have created. The residential spaces offer a downtown loft-style atmosphere with vintage details, exposed character, and a welcoming retro feel that is increasingly difficult to find. Recent improvements, including a newer roof and updated HVAC systems, add value and peace of mind. An additional unfinished area within one of the buildings presents an opportunity to create another office suite, studio apartment, or efficiency rental for even more income potential. For an owner-occupant, this property presents a rare opportunity to live on-site while benefiting from multiple revenue streams generated by the commercial and residential units. Whether you're looking to invest in your living expenses, expand your investment portfolio, or own a landmark downtown property with room for future growth, this one-of-a-kind asset offers historic charm, strong income potential, and exciting possibilities for the next chapter.
    35 days
    |
    314
    |
    14
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    RAE HANNA 618-305-5950,

    Coldwell Banker DHH Realty

    Source: MRED as distributed by MLS GRID,MLS#: 12676091MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      Rooms
      • Room types: No additional rooms
      Primary bedroom
      • Level: Second
      • Area: 140 Square Feet
      • Dimensions: 10X14
      Bedroom 2
      • Level: Second
      • Area: 112 Square Feet
      • Dimensions: 14X8
      Bedroom 3
      • Level: Second
      • Area: 195 Square Feet
      • Dimensions: 13X15
      Bedroom 4
      • Level: Second
      • Area: 180 Square Feet
      • Dimensions: 12X15
      Dining room
      • Level: Second
      • Area: 144 Square Feet
      • Dimensions: 9X16
      Kitchen
      • Level: Second
      • Area: 176 Square Feet
      • Dimensions: 11X16
      Living room
      • Level: Second
      • Area: 168 Square Feet
      • Dimensions: 14X12
      Heating
      • Electric
      Cooling
      • Central Air
      Features
      • Basement: Unfinished,Partial
      Interior area
      • Total structure area: 0
      • Total interior livable area: 5,996 sqft

      Property

      Accessibility
      • Accessibility features: No Disability Access
      Features
      • Stories: 2
      Lot
      • Size: 3,680 Square Feet
      • Dimensions: 80X46
      Details
      • Additional parcels included: 1404376028
      • Parcel number: 1404376029
      • Special conditions: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Other
      • Property subtype: Single Family Residence
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1931
      • Major remodel year: 2018

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      HOA
      • Services included: None
      Location
      • Region: Murphysboro

      Financial & listing details

      • Price per square foot: $58/sqft
      • Annual tax amount: $1,617
      • Date on market: 6/12/2026
      • Ownership: Fee Simple

        Estimated market value

        $324,700

        $308,000 - $341,000

        $1,445/mo

        Price history

        DateEventPrice
        6/12/2026Listed for sale$350,000$58/sqft
        Source: MRED as distributed by MLS GRID #12676091 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62966

        Getting around

        36 / 100
        Car-Dependent
        24 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 186

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes