O'Neil Property Group

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$359,900
340 Days On Site

502 S UNIVERSITY Avenue
Carbondale, IL 62901

For Sale|Multi Family|Active
0
Beds
0
Total Baths
7,245
SqFt
$50
/SqFt
1972
Built
County:
Jackson
Listing Courtesy of MRED as distributed by MLS Grid of SHAMROCK REAL ESTATE
502 S UNIVERSITY Avenue502 S UNIVERSITY Avenue502 S UNIVERSITY Avenue502 S UNIVERSITY Avenue
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2 Story Fraternity house close to SIU campus - 9-unit property offers the potential to accommodate up to 17 occupants - features 8 efficiency units plus additional Landlord/manager unit - Total of 9 bedrooms and 9.5 bathrooms with versatile layout offering an investor multiple options for maximizing income-producing potential. This rare investment provides excellent rental history plus prime location and good income - partial walk- out basement for easy maintenance access - concrete parking with 15 spaces - fire suppression system and fire doors -Multiple common areas suitable for meetings, dining, recreation, and gaming - large entry foyer - nice patio area and outdoor relaxation on covered deck - prime location for potential retail on lower lever -Numerous property improvements completed in 2008 with continued maintenance - Current leases and property manager in place - Ideal for investors seeking an established rental property

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Listing Snapshot
PriceΒ 
$359,900
Days On SiteΒ 
340 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
7,245 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1972
MLS NumberΒ 
EB460646
StatusΒ 
Active
Property TaxΒ 
$11,232
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS
3 days agoStatus changed to Active
4 months agoPrice changed to $359,900
11 months agoListing first seen on site
General Features
Property Sub TypeΒ 
Multi Family
SqFt TotalΒ 
7245
ZoningΒ 
MULTI
Interior Features
CoolingΒ 
Central Air
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Exterior Features
Construction DetailsΒ 
Vinyl Siding
Community Features
MLS AreaΒ 
Carbondale
Listing Courtesy of MRED as distributed by MLS Grid of SHAMROCK REAL ESTATE



Based on information submitted to the MLS GRID as of 2026-11-08 09:59 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-08 09:59 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

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Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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