BANK FORECLOSURE! 4 bedroom home investment property close to SIU. Lots of storage and plenty of parking in front AND in back. Currently leased for $1250/mo. until July 2026. Wood floors throughout. Some deferred maintenance needs attention. Assessed at over $l00,000, but now priced at only $80,000. The property is being sold AS IS with no warranties.
Closed
$700,000
502 W Freeman St #1, Carbondale, IL 62901
--beds
--baths
--sqft
Multi Family
Built in ----
-- sqft lot
$719,700 Zestimate®
$--/sqft
$1,003 Estimated rent
Home value
$719,700
Estimated sales range
Not available
$1,003/mo
Zestimate® history
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$4,074/mo
Est. payment
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$4,074/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rolf Schilling 618-303-0700,
COMMERCIAL REALTY ASSOCIATES
Bought with:
Rolf Schilling
COMMERCIAL REALTY ASSOCIATES
Source: MRED as distributed by MLS GRID,MLS#: EB460431
Facts & features
Interior
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Laundry: In Unit
Features
- Basement: Full
Property
Parking
- Parking features: Alley Access, Parking Lot
Lot
- Size: 9,976 Square Feet
- Dimensions: 86x116'
Details
- Parcel number: 1521332008
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Carbondale
Financial & listing details
- Annual tax amount: $4,386
- Date on market: 12/18/2025
- Listing terms: Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 2/10/2026 | Sold | $700,000+775% |
Source:  MRED as distributed by MLS GRID #EB460431 Report a problem | ||
| 1/8/2026 | Pending sale | $80,000 |
Source: MRED as distributed by MLS GRID #EB460431 Report a problem | ||
| 1/6/2026 | Listing removed | $80,000 |
Source:  RMLS Alliance as distributed by MLS GRID #EB460431 Report a problem | ||
| 11/26/2025 | Pending sale | $80,000 |
Source: RMLS Alliance as distributed by MLS GRID #EB460431 Report a problem | ||
| 11/11/2025 | Listed for sale | $80,000 |
Source: RMLS Alliance as distributed by MLS GRID #EB460431 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 62901
Nearby homes
- $65,000-- bd1 ba-- sqft502 W Freeman St, Carbondale, IL 62901Sold
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- $221,000-- bd-- ba-- sqft500 W Freeman St, Carbondale, IL 62901Off Market
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- $6502 bd2 ba-- sqft500 W Freeman St #1, Carbondale, IL 62901For Rent
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- $--2 bd1 ba1.2k sqft507 W College St #A, Carbondale, IL 62901Off Market
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Nearby schools
GreatSchools rating
- 4/10Lewis SchoolGrades: 4-5Distance: 1.3 mi
- 2/10Carbondale Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Carbondale Community High SchoolGrades: 9-12Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Carbondale Elem
- High: Carbondale Hs
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.
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- Illinois
- Jackson County
- Carbondale
- 62901
- 502 W Freeman St Unit 1
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