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Sold for $284,900
  • $284,900

    511 S Rawlings St, Carbondale, IL 62901

    2beds
    2baths
    5,976sqft
    Multi Family, Apartment
    Built in 1963
    -- sqft lot
    $268,000 Zestimate®
    $48/sqft
    $913 Estimated rent

    Home value

    $268,000

    $206,000 - $332,000

    $913/mo

    Zestimate® history
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    $913/mo

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    $913/mo

    Rent Zestimate®

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    $1,985/mo

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    $1,985/mo

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    What's special

    Electric baseboard heatOff-street parking
    Excellent opportunity to own a well-maintained 10-unit multifamily property in a strong rental market. Each unit features 1 bedroom and 1 bathroom,With high-quality construction throughout, this property is truly turn-key.All units are currently leasing at $550/month, generating a solid monthly income of $5,500 with room for future rent increases. Each apartment includes electric baseboard heat and wall-mounted A/C units, making the property extremely low-maintenance and cost-effective for long-term ownership.The building is equipped with separate electric and water meters for each unit, reducing landlord utility responsibilities. City water and sewer are in place for reliability and ease of management.Located just minutes from downtown Carbondale, SIU campus, and local amenities. With ample off-street parking and a straightforward layout, this is a hassle-free, income-generating asset for any portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Misael Chacon 804-656-5007,

    Beycome brokerage realty, LLC

    Bought with:

    Non-Member Agent RMLSA

    Non-MLS

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: QC4268189MLS LogoOriginating MLS: Quad City Area Realtor Association

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    Heating
    • Has Heating (Unspecified Type)
    Cooling
    • Central Air
    Features
    • Basement: None
    Interior area
    • Total structure area: 5,976
    • Total interior livable area: 5,976 sqft

    Property

    Parking
    • Total spaces: 10
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.30 Acres
    • Dimensions: 81.25 x 180
    • Features: Corner Lot
    Details
    • Parcel number: 1521326007

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family, Apartment
    Materials
    • Asbestos
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1963

    Utilities & green energy

    • Water: Private

    Community & neighborhood

    Location
    • Region: Carbondale
    • Subdivision: Other

    Price history

    DateEventPrice
    11/24/2025Sold$284,900$48/sqft
    Source: RMLS Alliance as distributed by MLS GRID #QC4268189 Report a problem
    11/12/2025Pending sale$284,900$48/sqft
    Source: RMLS Alliance as distributed by MLS GRID #QC4268189 Report a problem
    10/8/2025Listed for sale$284,900+42.4%$48/sqft
    Source: RMLS Alliance as distributed by MLS GRID #QC4268189 Report a problem
    9/29/2025Sold$200,000$33/sqft
    Source: Public Record Report a problem
    7/25/2019Listing removed$400
    Source: Home Rentals Corporation Report a problem
    7/20/2019Listed for rent$400
    Source: Home Rentals Corporation Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$12,256 +6.4%$107,550 +10.4%
    2023$11,515 +3.5%$97,417 +8.3%
    2022$11,129 +1.5%$89,934 +5.1%
    2021$10,966 +3.2%$85,562 -1.7%
    2020$10,625 +4.2%$87,076 -0.4%
    2019$10,197 +4.2%$87,433 -4.2%
    2017$9,782 $91,238
    2016-- $91,238 +67.7%
    2015-- $54,412
    2014-- $54,412

    Find assessor info on the county website

    Neighborhood: 62901

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • High: Carbondale HS

    Source: RMLS Alliance 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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