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390 N Beadle Dr - 390 North Beadle Drive 7 Unit Apartment Building Offered at $499,325 CAD at a 12.71% Cap Rate Carbondale, IL 62901

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EXECUTIVE SUMMARY

B CLASS APARTMENTS!!!
Awesome 7 unit complex. Quadplex and Triplex on one parcel. Located in a very nice part of town. Units are rehabbed and will easily rent for $850-1000. Central heat and air, washer and dryer hookups, city water and sewer, separate electric and water meters! PROPERTY WILL GENERATE A 12%+ NET RETURN ON INVESTMENT!!!
Property management and financing is available!!!

FINANCIAL SUMMARY (PRO FORMA - 2026)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,060 $15.72
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,060 $15.72
Taxes $18,547 $2.94
Operating Expenses $80,514 $12.78
Total Expenses $99,060 $15.72
Net Operating Income - -

FINANCIAL SUMMARY (PRO FORMA - 2026)

Gross Rental Income (CAD)
Annual $99,060
Annual Per SF $15.72
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,060
Annual Per SF $15.72
Taxes (CAD)
Annual $18,547
Annual Per SF $2.94
Operating Expenses (CAD)
Annual $80,514
Annual Per SF $12.78
Total Expenses (CAD)
Annual $99,060
Annual Per SF $15.72
Net Operating Income (CAD)
Annual -
Annual Per SF -

PROPERTY FACTS

Price $499,325 CAD
Price Per Unit $71,332 CAD
Sale Type Investment
Cap Rate 12.71%
No. Units 7
Property Type
Multifamily
  • Multifamily Apartments
  • Multifamily Manufactured Housing Mobile Home Park
  • Multifamily Dormitory
Apartment Style Mid-Rise
Lot Size 0.50 AC
Building Size 6,300 SF
No. Stories 2
Year Built 1980
Parking Ratio 1.11/1,000 SF
Zoning MULTI-FAMILY - MULTI-FAMILY

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
2+1 7 $1,179 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
15-18-456-005
Land Assessment
$24,721 CAD (2024)
Improvements Assessment
$137,903 CAD (2024)
Total Assessment
$162,624 CAD (2024)
Annual Taxes
$18,547 CAD ($2.94 CAD/SF)
Tax Year
2026
  • Listing ID: 39135382

  • Date on Market: 2026-01-19

  • Last Updated:

  • Address: 390 N Beadle Dr, Carbondale, IL 62901

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