Jerry Bunders, Real Estate Agent With Gambino Realtors
REALTOR®
BEDS4
BATHS
SQUARE FEET5,996
MLS#12676091
STATUSNew
PROPERTY TYPEResidential - Single Family
SCHOOLDistrict 186
Property Description
Exceptional mixed-use investment opportunity in the heart of downtown Murphysboro! This unique offering consists of two sister buildings connected by a shared hallway that provides access to the upstairs residential units, creating a cohesive property with multiple income-producing opportunities under one ownership. The main level features two storefronts along Walnut Street, currently occupied by established long-term tenants, including a popular retail shop and a hair salon that have become staples of the local community. Upstairs, you'll find two beautifully maintained residential units full of character and charm. One unit currently operates as a furnished short-term rental, while the second is occupied by a long-term tenant, providing a combination of flexibility and dependable income. The current owners purchased the property in 2018 and completed an extensive renovation of both buildings, investing significant time and resources into preserving the historic character while modernizing the property for today's market. Their pride of ownership and commitment to the community are evident throughout, and they would love to see a new owner continue building on what they have created. The residential spaces offer a downtown loft-style atmosphere with vintage details, exposed character, and a welcoming retro feel that is increasingly difficult to find. Recent improvements, including a newer roof and updated HVAC systems, add value and peace of mind. An additional unfinished area within one of the buildings presents an opportunity to create another office suite, studio apartment, or efficiency rental for even more income potential. For an owner-occupant, this property presents a rare opportunity to live on-site while benefiting from multiple revenue streams generated by the commercial and residential units. Whether you're looking to invest in your living expenses, expand your investment portfolio, or own a landmark downtown property with room for future growth, this one-of-a-kind asset offers historic charm, strong income potential, and exciting possibilities for the next chapter.
Property Features
Property Type: Residential - Single Family
Basement: Unfinished, Partial
Basement: Yes
Cooling: Central Air
Heating: Electric
Lot Size: 0.08 Acres
Taxes: $1,617
Year Built: 1931
Feature Descriptions
Additional rooms: No additional rooms
Association Includes: None
Exterior: Brick
Lot Dimensions: 80X46
Parcel#: 1404376029
Sewer: Public Sewer
Total Rooms: 7
Water: Public
Room Sizes
Bedroom 2: 14X8
Bedroom 3: 13X15
Bedroom 4: 12X15
Dining Room: 9X16
Kitchen: 11X16
Living Room: 14X12
Primary Bedroom: 10X14
Local Schools
School District: District 186
Listed By / Shown By
Listed By
Agency Name: Coldwell Banker DHH Realty
Agency Phone: 618-305-5950
Shown By
Agent Name: Jerry Bunders, Real Estate Agent With Gambino Realtors
Agent Phone: Cell: (815) 914-0228
Agency Title: Gambino Realtors
Estimate Your Payment
Estimated Payment
$ 1,826.64 per month $1,589.81 Principal & Interest $134.75 Property Tax $102.08 Homeowner's InsuranceChange Payment Information
Jerry Bunders, Real Estate Agent With Gambino Realtors
Office: (815) 282-2222
Cell: (815) 914-0228
Fax: (815) 282-2268
Email Me
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1302 &1306 Walnut Street | MLS# 12676091
This single family home located at 1302 &1306 Walnut Street , Murphysboro, IL 62966 is currently listed for sale with an asking price of $350,000. This property was built in 1931 and has 4 bedrooms with 5996 sq. ft. &1306 Walnut Street is located within the District 186 school district. Search Murphysboro real estate on jbunders.gogambino.com today.