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$359,900
EB460646 MLS ACTIVE Status
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

502 S University Avenue, Carbondale

$1,750,000
EB460589 MLS ACTIVE Status
This rare opportunity includes full ownership rights to "The Cellar" name, along with the legendary Cellar Bloody Mary recipe. The Cellar's brand recognition and loyal customer base have been built over decades, offering a new owner a solid, profitable foundation from day one. The property features established gaming, two fully equipped bars, and two retail spaces, giving you multiple income streams under one roof. The building has been thoughtfully maintained and operated with pride, making the transition into ownership seamless for the next operator. Beloved for its reputation, consistency, and unmistakable character, The Cellar is truly one-of-a-kind. Opportunities like this-where a well-known business, a powerful brand, and a profitable operation are all included-rarely come to market. After 25 successful years, the owners of The Cellar are thriving-but ready to retire-and pass this iconic, turn-key business to the next person who will carry its legacy forward for the next 25 years.

101 W Monroe Street, Carbondale

$275,000
EB460267 MLS ACTIVE Status
Position your business in the heart of Carbondale's bustling commercial district with this high-visibility corner property at Illinois Ave and Mill Street. Just steps from Southern Illinois University and located directly on the lively Carbondale Strip, this 7,849 sq ft building offers a dynamic space with endless potential-ideal for a restaurant, retail shop, gallery, or professional offices. The building features expansive display windows perfect for showcasing products, artwork, or branding, while the upstairs space-accessible via interior and exterior entrances-is bathed in natural light, creating a welcoming and flexible layout. Two restrooms, one with dual stalls, serve the needs of customers or staff efficiently. With 12 dedicated parking spaces and constant foot and vehicle traffic from students, locals, and visitors alike, this property offers both convenience and exposure. Whether you're looking to launch a new venture or expand your business presence in a thriving university town, this location delivers unmatched potential.

718 S Illinois Avenue, Carbondale

$1,250,000
40 Beds 18 Baths EB459976 MLS ACTIVE Status
Incredible investment opportunity! Own four well-maintained duplexes offering a total of 40 bedrooms and 18 bathrooms, all zoned multi-family and boasting a strong rental history. The properties share a convenient drive and a 40-space parking lot. 902, 904, and 906 each feature two spacious 5-bedroom, 2-bath units with fully equipped kitchens, tiled counters, and backsplashes. Ground-floor units offer porcelain flooring and welcoming front porches, while the upper units showcase maple flooring in the bedrooms and great rooms, with entry decks for added charm. 908 is a unique two-story duplex with one unit facing the street and another with its own private parking lot. Both units feature 5 bedrooms, 3 Jack-and-Jill baths, a porch, and a private patio. Located just steps from SIU's West Campus, this prime property is ideal for group leasing and offers excellent returns for investors and convenience for renters.

902 W Mill Street Unit #904,906,908, Carbondale

$205,000
6 Beds 6 Baths EB459957 MLS ACTIVE Status
Spacious 6-Bedroom, 5.5-Bath Home - Perfect for Student Housing or Investment! This move-in-ready property offers the ultimate setup for student living, group housing, or a savvy investment opportunity. Just minutes from campus, shopping, dining, and nightlife, the location is ideal for tenants or residents who want convenience at their doorstep. Each of the six bedrooms is generously sized, providing plenty of personal space. With five full bathrooms plus a half bath, there's no waiting in line-everybody has room to breathe. The open-concept kitchen and living areas are designed for connection, whether it's study groups, movie nights, or casual hangouts. A convenient half-bath off the main living space makes hosting easy. Outside, the large off-street parking area is a rare and valuable perk, especially near campus. Whether you're an investor looking for high-demand rental income or a parent securing long-term housing for your student and their friends, this home delivers flexibility, comfort, and strong earning potential. No seller financing. Don't miss the chance to secure this unique property-schedule your showing today!

609 S Poplar Street, Carbondale



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