505 W Cherry St, Carbondale, IL 62901

    $40,000

    65 days ago

    2 beds
    2 baths
    1,219 sq ft
    Built in

    About this property

    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...

    Days on market

    65

    Property type

    Single family home

    Price per square foot

    $33

    Lot size

    8,624 sq ft

    HOA fees

    -

    Neighborhood score

    2 / 5

    School score

    3 / 10

    Crime score

    1 / 10

    MLS Logo

    Listed By: Rolf Schilling, 471012048, COMMERCIAL REALTY ASSOCIATES

    Source: RMLS Alliance, #EB458812, last updated on 8/4/2025

    Neighborhood

    3 / 10

    Lewis School

    2 / 10

    Carbondale Middle School

    4 / 10

    Carbondale Community High School

    Rent comps

    Comparable rent properties
    Address
    Status
    Listed rent
    Listed rent / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    510 South Poplar Street
    CARBONDALE, IL 62901

    Active

    $900
    $0.72
    0.08mi
    2
    1.5
    1,249
    303 S Beveridge St
    Carbondale, IL 62901

    Active

    $925
    $0.68
    0.12mi
    2
    1
    1,368
    1923
    503 S Logan Ave
    Carbondale, IL 62901

    Active

    $800
    $0.75
    0.54mi
    2
    1
    1,065
    1933

    Sale comps

    Comparable sale properties
    Address
    Status
    Price
    Price / sq ft
    Distance
    Bed
    Bath
    Sq ft
    Year built
    405 W Elm St
    Carbondale, IL 62901

    Active

    $40,000
    $33.03
    0.08mi
    2
    1
    1,211
    1935
    516 S Forest Ave
    Carbondale, IL 62901

    Active

    $37,000
    $33.88
    0.27mi
    2
    1
    1,092
    1961
    105 N Springer St
    Carbondale, IL 62901

    Closed

    $33,500
    $26.97
    0.36mi
    2
    1
    1,242
    1923