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708 W Freeman Street, Carbondale, IL 62901.
Bring your vision to 708 W. Freeman Street! This former 12-unit multifamily property presents a unique redevelopment opportunity in Carbondale. Following significant fire damage, the property underwent an extensive reconstruction effort, with substantial work already completed toward bringing the building back to life. Much of the interior has been taken back to the structure and rebuilt to its current stage, providing the next owner with an opportunity to complete the project to their own specifications rather than starting from scratch. The buildings existing layout was designed for 12 residential units and is complemented by approximately 15 off-street parking spaces. The property offers substantial square footage, an established multifamily configuration and considerable work already invested into the reconstruction process. At its current stage, this is an opportunity for an experienced investor, contractor or developer to acquire a large multifamily project and finish it according to their intended use. Property is being sold in its current, as-is condition and will require significant additional construction before occupancy. Buyer to independently verify zoning, permitted use, unit count, building condition, utilities, code requirements, permits and all requirements necessary to complete the property for buyers intended use.
MLS ID: PA1269369
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708 W Freeman Street, Carbondale, IL 62901.

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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $200,000 | $200,000 | $200,000 |
| Down Payment | $40,000 | $7,000 | $50,000 |
| Monthly Mortgage Amount | $1,011 | $1,241 | $1,256 |
| Taxes | $278 | $278 | $278 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $88 | $0 |
| Monthly Estimated Total | $1,389 | $1,707 | $1,634 |
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