519 Rawlings, Carbondale, IL

Name: 519 Rawlings, For Sale in Carbondale - Zoocasa
Brand: Four Ways Realty
SKU: 26009873
Price: 155000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$155,000

000

MLS® 26009873

Key Facts
Description
Map

Key Facts

Type Other

Levels Residential Income

Size -

Garage No

Maintenance Fees

Taxes

Days Active 0

Approx. Age 1987

MLS® Number 26009873

Property Address: 519 Rawlings, Carbondale, IL, 62901

Average square foot calculated using Size range provided by listing agent.

Description

Prime Investment Opportunity: 6-Unit Multi-Family Building Near SIU Campus – 519 S Rawlings St, Carbondale, ILDiscover this spacious 6-unit rental complex ideally situated just steps from Southern Illinois University Carbondale (SIU), in one of the most sought-after student housing areas in town. Perfect for investors seeking high-demand rental income from university students and faculty, this property offers excellent proximity to campus, making it a turnkey candidate for restoration and strong long-term returns.Key Features:6 total units in a large, well-established multi-family building (built circa 1987). Unit mix includes:2 larger units: 4 bedrooms / 3 bathrooms each – ideal for student groups or larger households. 4 units: 3 bedrooms / 2.5 bathrooms each – great for medium-sized rentals with added convenience. All units come equipped with appliances included. Prime location in the heart of Carbondale's student rental market, close to SIU amenities, downtown, and major routes for easy access. This property presents a unique value-add opportunity. It has sustained fire damage requiring extensive repairs and restoration throughout (structural, interior, systems, etc.). With the right vision and investment in renovations, this could be transformed into a highly desirable, income-producing complex in a proven high-occupancy area near SIU.Whether you're an experienced investor looking for a project with strong upside potential or seeking a strategic addition to your portfolio, 519 S Rawlings St offers location, size, and rental appeal that's hard to beat in Carbondale. Don't miss this chance to revitalize a substantial multi-family asset in a vibrant college town!Contact for more details, inspection reports, or to schedule a viewing. Sold as-is, with significant repair needs factored into pricing potential.

MLS® Number26009873

Locker

Ensuite LaundryNo

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Furnished

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Exterior

GarageNo

Approx. Age1987

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Included in Maintenance Fee

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Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

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Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 21, 2026List Date

$155,000List Price

Commute

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