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$35,000
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Property Description
NEEDS TLC AND PRICED ACCORDINGLY. The property is a duplex with each side having 1 bd/1bath, living room and kitchen. It's a cozy nest for living near downtown or Southern Illinois University campus. The units are locked from each other, but share a basement. Parking is off street. BANK FORECLOSURE! Priced well below the last appraisal. There is no history of expenses or rents, only current information since the bank took over. Most units are in good condition and have been inspected by the City. Most units are currently rented, some through 2026. Attached is a list of all the foreclosures from this bank with current asking prices. They may be purchased in blocks at a discount. There are no disclosures required because this is a foreclosure. They will be sold "AS IS" with no warranties, but inspections are permitted.
Full Property Details
Full Property Details for 505 W Cherry St #2
General
- Sold For: $35,000
- Taxes: $2,755 (2023)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: EB458819
- Added to Site: 88 day(s) ago
Parking
- Parking Features: Parking Lot
Location
- Area: Carbondale
- County: Jackson
- Driving Directions: From S. University, west on Cherry to 505 on the south side.
School Information
- High School: Carbondale HS
- Private School: Carbondale HS
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Utilities
- Water: Public
- Onsite: Cable Available
Structural Information
- Construction: Wood Siding
- Exterior Const.: Wood Siding
- Foundation: Block
- Built Before 1978: Yes
Lot Features
- Lot Dimensions: 77 x 113'
- Lot Features: Sloped
Financial Considerations
- Tax Amount: $2,755
- Tax Year: 2023
Disclosures and Reports
- Property ID: 15-21-327-003
Listed by Commercial Realty Associates
Sold by Keller Williams Pinnacle
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Schools
Schools serving 505 W Cherry St #2
School Districts:Carbondale Community High School District 165, Carbondale Elementary School District 95
| Name | Grades | Distance |
|---|---|---|
Thomas Elementary School 1025 North Wall Street, Carbondale, IL 62901 | 2-3 | 1.2 mi |
Lewis School 801 South Lewis Lane, Carbondale, IL 62901 | 4-5 | 1.3 mi |
Parrish Elementary School 121 North Parrish Lane, Carbondale, IL 62901 | PK-1 | 1.6 mi |
Carbondale Middle School 1150 East Grand Avenue, Carbondale, IL 62901 | 6-8 | 1.4 mi |
Carbondale Community High School 1301 East Walnut Street, Carbondale, IL 62901 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 505 W Cherry St #2
Date
Details
Price
Change
Source
11/10/2025
Sold
$35,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
505 W Cherry Street #2, Carbondale, IL 62901 (MLS# EB458819) is a Multi-Family property that was sold at $35,000 on November 10, 2025. Want to learn more about 505 W Cherry Street #2? Do you have questions about finding other Multi-Family real estate for sale in Carbondale? You can browse all Carbondale real estate or contact a Coldwell Banker agent to request more information.
