Residential Income for Sale: 519 Rawlings, Carbondale, IL 62901

$99,500
$99,500
519 Rawlings, Carbondale, IL 62901
$99,500
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Price:
$99,500
$15,000 - 06/23/2026

Type Residential Income
Year Built 1987

City Carbondale
County Jackson
School District CARBONDALE DIST 95
Subdivision none

MLS 26009873
Status Pending
DOM 125 days
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.

Room Features

Basement Description 8 ft + Pour

Lot & Building Features

Architecture Apartment Style
Construction Frame
Cooling None

Community and Schools

Elementary School CARBONDALE DIST 95
Junior High School CARBONDALE DIST 95
Senior High School Carbondale

Price History of 519 Rawlings, Carbondale, IL

Date Name Price Difference
06/23/2026 Price Adjustment $99,500 13.10%
03/18/2026 Price Adjustment $114,500 26.13%
02/21/2026 Listing Price $155,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 519 Rawlings, Carbondale, IL

Location Map Street View
Photo of Roy Doskal, SRES
Roy Doskal, SRES
Owner/Broker
Direct: 314-709-2456
Office
7 Weldon Spring Heights
Weldon Spring, MO 63304
314-709-2456
Listed by Four Ways Realty, Al Lenkaitis
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519 Rawlings (MLS #26009873) is a residential income listing located in Carbondale, IL. This property was listed on 02/21/2026 and has been priced for sale at $99,500.

Nearby zip codes are 62902 and 62903.

Maris

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Four Ways Realty

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