502 W Freeman St, Unit 1

Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Bank foreclosure! 4 bedroom home investment property close to SIU. Lots of storage and plenty of parking in front AND in back. Currently leased for $1250/mo. until July 2026. Wood floors throughout. Some deferred maintenance needs attention. Assessed at over $l00,000, but now priced at only $80,000. The property is being sold AS IS with no warranties.Bank foreclosure! 4 bedroom home investment property close to SIU. Lots of storage and plenty of parking in front AND in back. Currently leased for $1250/mo. until July 2026. Wood floors throughout. Some deferred maintenance needs attention. Assessed at over $l00,000, but now priced at only $80,000. The property is being sold AS IS with no warranties.
  1. Listed by Rolf Schilling • COMMERCIAL REALTY ASSOCIATES

Property Details for 502 West Freeman Street, Unit 1

Area
Carbondale
Subdivision
None
Num Of Parking Spaces
0.0
Air Conditioning Type
Central Air
Num of Interior Fireplaces
0
Heat/Fuel
Natural Gas
LISTING UPDATED: 01/17/2026 03:14 AM

Property Details for 502 West Freeman Street, Unit 1

StatusPending
MLS #460431
Days on Market16
Taxes$4,386 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Residential Income / Two to Four Units
Year Built-
Lot Size0.23 AC / 9,976 SF
CountyJackson County

Location

Listing Courtesy of COMMERCIAL REALTY ASSOCIATES
Add your commute

Building Information for 502 West Freeman Street, Unit 1

Stories-Residences-Year Built-Building Size-Lot Size0.23 AC / 9,976 SF

Payment Calculator

$755 per month

30 year fixed, 6.15% Interest

Principal and Interest

$390

Property Taxes

$366

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 502 West Freeman Street, Unit 1

General Information
School Information
  • Elementary School: Carbondale Elem
  • High School: Carbondale HS
Addtl Parking Information
  • Parking Details: Alley Access, Parking Lot
Location and General Information
  • Latitude: 37.720785
  • Longitude: -89.220829
  • Unparsed Address: 502 W Freeman Street
Property Information
Interior Features
  • Basement Type: Full
  • Air Conditioning: Central Air
  • Num of Baths: 0.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Utilities: Cable Available
Property/Lot Information
  • Tenant Pays: All Utilities
  • New Construction YN: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Dimensions: 86x116'
  • Construction: Vinyl Siding
  • Roof Type: Shingle
  • Foundation Details: Block
  • Building Area Total: 1200
  • Property Sub Type: Residential Income
Property and Assessments
  • Buyer Financing: Cash, Conventional
  • Documents Available: None Available
  • Documents Count: 0
  • Public Document Count: 0
  • Photos Count: 17
Miscellaneous
  • Road Surface: Paved
Virtual Tour/Additional Media
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $15,000.00
  • Gross Scheduled Income: $15,000.00
  • Insurance Expense: $.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Net Operating Income: $10,614.00
  • Operating Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Actual Rent: $1,250.00
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
Unit 2
  • Unit Type Actual Rent: $.00
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2

Property History for 502 West Freeman Street, Unit 1

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Pending

MRED #460431

Nov 25, 2025

Withdrawn

RMLS ALLIANCE #EB460431

$80,000
Nov 11, 2025

Listed (Active)

RMLS ALLIANCE #EB460431

$80,000
Nov 11, 2025

Listed (Active)

MRED #460431

$80,000
DateEvent & SourcePrice
11/26/2025

Pending

MRED #460431

11/25/2025

Withdrawn

RMLS ALLIANCE #EB460431

$80,000
11/11/2025

Listed (Active)

RMLS ALLIANCE #EB460431

$80,000
11/11/2025

Listed (Active)

MRED #460431

$80,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 502 West Freeman Street, Unit 1

This home is within Carbondale Chsd 165 School District.
Rating
School
Type
Grades
Distance
Public - PK to 1
Public - 2 to 3
Public - 4 to 5
Public - 6 to 8
Rating
School
Distance
Parrish Elementary School
PublicPK to 1

Thomas Elementary School
Public2 to 3

Lewis School
Public4 to 5

Carbondale Middle School
Public6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of COMMERCIAL REALTY ASSOCIATES

Based on information from one of the following Multiple Listing Services: MARIS, Bagnell Dam Association of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MARIS, Bagnell Dam Association of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.