Map of Property

Colonial East Apartments

1433 & 1439 E Walnut, Carbondale, IL 62902

  • For Sale $1,300,000
  • Property Type Multi-Family
  • Property Size 34,318 SF
  • Units 42
  • Lot Size 3.05 Acre
  • Parking Spaces Avail. 96
  • Property Tenancy Multi-Tenant
  • Year Built 1971
  • Date Updated Apr 11, 2024
Strategically located near the Shawnee National Forest, Carbondale nurtures a vibrant community anchored by Southern Illinois University. This cultural hub offers a rich pool of potential tenants and a robust labor market.Discover this prime multifamily property set on 3.05 acres in Carbondale's sought-after Jackson County. With a sale price of $1,300,000, this investment opportunity features 40 units across 10 two-story buildings and includes a storage garage/coin laundry and a rentable single-family residence. Major renovation is underway, enhancing the property's attractiveness. Each apartment provides two bedrooms, one bath, and well-equipped kitchens. Property highlights include a new front gate with security features and ample surface parking with 96 spaces. Don't miss the chance to own the Colonial East Apartments and benefit from this thriving location! Reach out for financials and more details.

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Attachments

Contacts

broker

Jeffery Eisenberg

Jeff Eisenberg & Associates

(314) 721-5611

Location

Getting Around

  • Walk Score ®

    45/100 Car-Dependent

  • Bike Score ®

    37/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Carbondale, IL
  • Zip Code 62902

Points of Interest

  • Carbondale

    1.81 miles

  • Kroger

    0.34 miles

  • Casey's General Store

    1.05 miles

  • Huck's Fuel

    4.96 miles

  • Citgo Fuel

    6.27 miles

  • 4 Way Quick Stop

    6.78 miles

  • Motomart

    7.78 miles

  • Hucks Fuels Center

    9.00 miles

  • Kroger Fuel Center

    9.51 miles

  • 45

    1.65 miles

  • Vitamin World Parking

    1.69 miles

  • 106

    1.69 miles

  • City Parking Lot 3

    1.71 miles

  • Calico Country Parking

    1.76 miles

  • 55

    1.80 miles

  • 3

    1.84 miles

  • 14

    1.87 miles

  • 88

    1.89 miles

  • City of Carbondale Permit Parking

    1.89 miles

  • Quality Inn

    0.61 miles

  • Motel 6

    1.25 miles

  • Hampton

    1.43 miles

  • Holiday Inn

    1.70 miles

  • Kite Hill Vineyards Bed and Breakfast

    7.57 miles

  • Makanda inn

    8.17 miles

  • Airport Inn

    9.63 miles

  • Fujiyama

    0.18 miles

  • Freddy's

    0.33 miles

  • Moe's Southwest Grill

    0.50 miles

  • Qin Guan

    0.50 miles

  • IHOP

    0.52 miles

  • Steak 'n Shake

    0.53 miles

  • Burger King

    0.54 miles

  • McAlister's Deli

    0.63 miles

  • Arby's

    0.64 miles

  • Chili's

    0.64 miles

  • Carbondale Community High School

    0.25 miles

  • Lakeland Elementary School

    0.64 miles

  • Brehm Preparatory School

    0.80 miles

  • Lewis Elementary School

    1.01 miles

  • Thomas Elementary School

    1.52 miles

  • Southern Illinois University at Carbondale

    1.76 miles

  • Springmore School

    2.25 miles

  • Pleasant Hill School

    2.28 miles

  • Southern Illinois University Carbondale

    2.36 miles

  • Winkler Elementary School

    2.67 miles

  • 1st Presbyterian Church

    1.92 miles

  • SIU Head Start

    2.69 miles

  • Murry's Child Development Center

    6.35 miles

Frequently Asked Questions

What is the lease rate for Colonial East Apartments?

Rental asking rate at Colonial East Apartments is $650,000.00/YR.

What is the total square footage of Colonial East Apartments?

Colonial East Apartments totals 34,318 square feet.

When was this property built?

Colonial East Apartments was built in 1971.

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Contact Listing Broker

broker

Jeffery Eisenberg

Jeff Eisenberg & Associates

(314) 721-5611