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Closed - Multi Family
511 S Rawlings St, Carbondale, IL 62901
Facts & features
Why you’ll love it
This property has been sold with Beycome on November 24, 2025.
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.
Listed by: Misael Chacon • (804) 656-5007 • Beycome Brokerage Realty LLC
Co-listed by: Beycome Brokerage Realty LLC
Source: Beycome, MLS#: 17063882
Based on information as of Sep 02, 2026 at 04:10pm EDT.
Affordability
$2,033/mo
- Mortgage$1,011
- Property tax$1,021
- HOA fee
- Homeowners insurance
Beycome estimates only. Actual amounts and terms vary by lender and location.
Discover the neighborhood
Travel times
About Carbondale
AI-generated overview for informational purposes only.
Please verify all details independently before relying on it.
Flood & climate risk
FEMA Flood Zone X
Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.
More details
Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.
Fire
Storm
Air quality
Pollen
Disclaimer
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright Beycome ©2026. Based on information as of Sep 02, 2026 at 04:10pm EDT.
