Real Estate Investment Properties for Sale in Carbondale, IL

Looking for investment property in Carbondale, IL with high ROI ?

Explore a variety of short-term homes & houses in Carbondale, IL. Invest wisely with VRBO & Carbondale, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Carbondale, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1950 N ILLINOIS Avenue Carbondale, IL AWESOME INVESTMENT!!! 9 units. Low maintenance. Electric baseboards and wall a/c units. Te...	N/A beds \| N/A baths \| N/A	$275,000	Airbnb cash on cash: -0.52% Traditional cash on cash: 3.37% Airbnb Rental Income: $744 Traditional Rental Income: $1439 Airbnb ROI: -0.52% Traditional ROI: 3.37%
305 & 307 E MILL Street Carbondale, IL Great investment opportunity to purchase these well maintained duplexes. Excellent rental ...	N/A beds \| N/A baths \| N/A	$649,000	Airbnb cash on cash: -2.95% Traditional cash on cash: -0.89% Airbnb Rental Income: $744 Traditional Rental Income: $1673 Airbnb ROI: -2.95% Traditional ROI: -0.89%
3115 W Striegel Road Carbondale, IL Welcome to your private retreat! This beautiful custom-built executive brick home offers 4...	4 beds \| 5 baths \| 3,750 sq.ft.	$865,000	Airbnb cash on cash: -2.7% Traditional cash on cash: 1.76% Airbnb Rental Income: $1474 Traditional Rental Income: $4634 Airbnb ROI: -2.7% Traditional ROI: 1.76%
909 W SYCAMORE Street Carbondale, IL INVESTORS DREAM. 4 single family homes in 1 location. These homes feature high rental rate...	N/A beds \| N/A baths \| N/A	$149,900	Airbnb cash on cash: 0.72% Traditional cash on cash: 7.91% Airbnb Rental Income: $744 Traditional Rental Income: $1462 Airbnb ROI: 0.72% Traditional ROI: 7.91%
402-408 HESTER Street unit: 14 #14 Carbondale, IL INVESTMENT OPPORTUNITY across the street from Southern Illinois University's campus, recre...	N/A beds \| N/A baths \| N/A	$720,000	Airbnb cash on cash: -2.36% Traditional cash on cash: 0.1% Airbnb Rental Income: $744 Traditional Rental Income: $2082 Airbnb ROI: -2.36% Traditional ROI: 0.1%
310-312 W MONROE Street unit: 4 #4 Carbondale, IL WALKING DISTANCE TO DOWNTOWN restaurants and entertainment, adjacent to the Carbondale lib...	N/A beds \| N/A baths \| N/A	$240,000	Airbnb cash on cash: -1.74% Traditional cash on cash: 5.56% Airbnb Rental Income: $744 Traditional Rental Income: $2088 Airbnb ROI: -1.74% Traditional ROI: 5.56%
5341 N Lick Creek Road Carbondale, IL Location!!!Your dream mini farm awaits! Tucked away on nearly 4 acres just minutes from Pa...	2 beds \| 2 baths \| 1,568 sq.ft.	$250,000	Airbnb cash on cash: 2.52% Traditional cash on cash: 6.91% Airbnb Rental Income: $1536 Traditional Rental Income: $2127 Airbnb ROI: 2.52% Traditional ROI: 6.91%
405-411 E MILL Street unit: 14 #14 Carbondale, IL BANK FORECLOSURE! 14 two bedroom townhouse units with 1.5 baths. Appliances including wash...	N/A beds \| N/A baths \| N/A	$720,000	Airbnb cash on cash: -5.09% Traditional cash on cash: -3.17% Airbnb Rental Income: $744 Traditional Rental Income: $1718 Airbnb ROI: -5.09% Traditional ROI: -3.17%
512-514 S Beveridge Street unit: 16 #16 Carbondale, IL BANK FORECLOSURE! 2 buildings, 16 units total with 14 two bedrooms townhouse units and 2 o...	N/A beds \| N/A baths \| N/A	$560,000	Airbnb cash on cash: -5.61% Traditional cash on cash: -3.43% Airbnb Rental Income: $744 Traditional Rental Income: $1573 Airbnb ROI: -5.61% Traditional ROI: -3.43%
112 N Parrish Lane Carbondale, IL Welcome Home to Southwest Carbondale, Ranch style 3 bedrooms, 1.5 baths, perfect location ...	3 beds \| 2 baths \| 1,800 sq.ft.	$179,900	Airbnb cash on cash: 4.34% Traditional cash on cash: 7.95% Airbnb Rental Income: $1928 Traditional Rental Income: $2035 Airbnb ROI: 4.34% Traditional ROI: 7.95%
1250 E PARK Street Carbondale, IL Discover the potential of this two-story, four-bedroom home on an expansive 21 acre-lot. T...	4 beds \| 1 baths \| 2,400 sq.ft.	$329,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.84% Airbnb Rental Income: $1474 Traditional Rental Income: $1631 Airbnb ROI: 0.93% Traditional ROI: 2.84%
105 N Violet Lane Carbondale, IL $Unlock the full potential of this classic four-unit building in a private, rural location...	N/A beds \| N/A baths \| N/A	$299,900	Airbnb cash on cash: -3.17% Traditional cash on cash: 1.24% Airbnb Rental Income: $744 Traditional Rental Income: $1676 Airbnb ROI: -3.17% Traditional ROI: 1.24%
1410 BRADFORD Lane Carbondale, IL Welcome to 1410 Bradford Lane! This custom built 4-bedroom, 3.5 bath home sits on two acre...	4 beds \| 4 baths \| 3,551 sq.ft.	$480,000	Airbnb cash on cash: -1.83% Traditional cash on cash: 3.24% Airbnb Rental Income: $1474 Traditional Rental Income: $3315 Airbnb ROI: -1.83% Traditional ROI: 3.24%
2017 W NORWOOD Drive Carbondale, IL Tucked at the end of a quiet cul-de-sac, this beautifully updated 3-bedroom, 1.5-bath home...	3 beds \| 2 baths \| 1,250 sq.ft.	$210,000	Airbnb cash on cash: 3.82% Traditional cash on cash: 5.2% Airbnb Rental Income: $1928 Traditional Rental Income: $1693 Airbnb ROI: 3.82% Traditional ROI: 5.2%
145 OAKVIEW Road Carbondale, IL This custom-built 4-bedroom, 3-bath home sits on nearly an acre in a quiet neighborhood on...	4 beds \| 3 baths \| 2,800 sq.ft.	$363,000	Airbnb cash on cash: -0.5% Traditional cash on cash: 4.05% Airbnb Rental Income: $1474 Traditional Rental Income: $2588 Airbnb ROI: -0.5% Traditional ROI: 4.05%
902 W MILL Street unit: 904,906,908 #904,906,908 Carbondale, IL Incredible investment opportunity! Own four well-maintained duplexes offering a total of 4...	N/A beds \| N/A baths \| N/A	$1,250,000	Airbnb cash on cash: -2.89% Traditional cash on cash: -1.61% Airbnb Rental Income: $744 Traditional Rental Income: $1922 Airbnb ROI: -2.89% Traditional ROI: -1.61%
702 S DIXON Avenue Carbondale, IL $10K credit to go to new owner! 702 Dixon is the perfect home in a sought-out neighborhood...	3 beds \| 2 baths \| 1,776 sq.ft.	$139,900	Airbnb cash on cash: 6.75% Traditional cash on cash: 11.9% Airbnb Rental Income: $1928 Traditional Rental Income: $2109 Airbnb ROI: 6.75% Traditional ROI: 11.9%
609 S POPLAR Street Carbondale, IL Spacious 6-Bedroom, 5.5-Bath Home - Perfect for Student Housing or Investment! This move-i...	N/A beds \| N/A baths \| N/A	$215,000	Airbnb cash on cash: -1.59% Traditional cash on cash: 3.83% Airbnb Rental Income: $744 Traditional Rental Income: $1536 Airbnb ROI: -1.59% Traditional ROI: 3.83%
2020 E Creekwood Drive Carbondale, IL Welcome to this 3-bedroom, 2-bathroom home in Creekwood with a straightforward layout. The...	3 beds \| 2 baths \| 1,530 sq.ft.	$165,000	Airbnb cash on cash: 4.43% Traditional cash on cash: 7.45% Airbnb Rental Income: $1928 Traditional Rental Income: $1893 Airbnb ROI: 4.43% Traditional ROI: 7.45%
1301 W COURT Street Carbondale, IL Step inside to find a bright, inviting layout featuring wood-look laminate flooring and pl...	3 beds \| 2 baths \| 1,966 sq.ft.	$190,000	Airbnb cash on cash: 4.1% Traditional cash on cash: 8.38% Airbnb Rental Income: $1928 Traditional Rental Income: $2191 Airbnb ROI: 4.1% Traditional ROI: 8.38%
111 N TOWER Road Carbondale, IL Welcome to this 3-bedroom, 2-bath home located in a great neighborhood in Carbondale. With...	3 beds \| 2 baths \| 1,203 sq.ft.	$99,900	Airbnb cash on cash: 8.78% Traditional cash on cash: 11.38% Airbnb Rental Income: $1928 Traditional Rental Income: $1671 Airbnb ROI: 8.78% Traditional ROI: 11.38%
1010 W Walkup Avenue Carbondale, IL Great location with this 2 bedroom home located in a quiet neighborhood just a few blocks ...	2 beds \| 1 baths \| 900 sq.ft.	$102,500	Airbnb cash on cash: 6.33% Traditional cash on cash: 10.4% Airbnb Rental Income: $1536 Traditional Rental Income: $1496 Airbnb ROI: 6.33% Traditional ROI: 10.4%
125 Princess Lane Carbondale, IL This home offers comfortable living across three divided lots for almost 8 acres. Inside, ...	5 beds \| 4 baths \| 4,596 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.52% Airbnb Rental Income: $null Traditional Rental Income: $3454 Airbnb ROI: N/A Traditional ROI: 6.52%
16373 W Menna Lane Carbondale, IL Welcome to this beautifully maintained 4-bedroom, 3.1-bath ranch home, perfectly situated ...	4 beds \| 4 baths \| 2,574 sq.ft.	$799,900	Airbnb cash on cash: -1.88% Traditional cash on cash: -1.26% Airbnb Rental Income: $1474 Traditional Rental Income: $1500 Airbnb ROI: -1.88% Traditional ROI: -1.26%
307 W COLLEGE Street Carbondale, IL BANK FORECLOSURE! This large home is currently a fraternity house and would make a good ro...	N/A beds \| N/A baths \| N/A	$295,000	Airbnb cash on cash: -1.71% Traditional cash on cash: 2.04% Airbnb Rental Income: $744 Traditional Rental Income: $1474 Airbnb ROI: -1.71% Traditional ROI: 2.04%
1206 W Chautauqua Street Carbondale, IL This property sits right across from SIU campus - convenience at its finest! Inside, you'l...	3 beds \| 2 baths \| 1,633 sq.ft.	$139,000	Airbnb cash on cash: 6.15% Traditional cash on cash: 10.06% Airbnb Rental Income: $1928 Traditional Rental Income: $1939 Airbnb ROI: 6.15% Traditional ROI: 10.06%
904 W LINDEN Street Carbondale, IL "Hark! The Herald Angels Sing!" This cute little bungalow is calling your name! An adorabl...	3 beds \| 2 baths \| 2,300 sq.ft.	$110,000	Airbnb cash on cash: 8.71% Traditional cash on cash: 7.89% Airbnb Rental Income: $1928 Traditional Rental Income: $1330 Airbnb ROI: 8.71% Traditional ROI: 7.89%
305 W COLLEGE Street unit: 2 #2 Carbondale, IL After retiring, this owner is LIQUIDATING all of his rental property! They are priced to s...	N/A beds \| N/A baths \| N/A	$85,000	Airbnb cash on cash: -1.19% Traditional cash on cash: 2.19% Airbnb Rental Income: $744 Traditional Rental Income: $713 Airbnb ROI: -1.19% Traditional ROI: 2.19%
610 W CHERRY Street unit: 2 #2 Carbondale, IL After retiring this seller is LIQUIDATING his rental properties. This is an up/down duplex...	N/A beds \| N/A baths \| N/A	$59,900	Airbnb cash on cash: -1.18% Traditional cash on cash: 3.51% Airbnb Rental Income: $744 Traditional Rental Income: $713 Airbnb ROI: -1.18% Traditional ROI: 3.51%
701 W CHERRY Street unit: 1 #1 Carbondale, IL OWNER IS RETIRING and selling several properties. This particular one is one large unit wi...	N/A beds \| N/A baths \| N/A	$56,800	Airbnb cash on cash: 0.76% Traditional cash on cash: 5.68% Airbnb Rental Income: $744 Traditional Rental Income: $713 Airbnb ROI: 0.76% Traditional ROI: 5.68%
511 S ASH Street unit: 3 #3 Carbondale, IL THE OWNER IS RETIRING and liquidating properties. This particular property is a duplex wit...	N/A beds \| N/A baths \| N/A	$89,900	Airbnb cash on cash: 0.31% Traditional cash on cash: 3.52% Airbnb Rental Income: $744 Traditional Rental Income: $713 Airbnb ROI: 0.31% Traditional ROI: 3.52%
106 S FOREST Street unit: 3 #3 Carbondale, IL OWNER RETIRING AND LIQUIDATING! This property has been a good money maker and can be again...	N/A beds \| N/A baths \| N/A	$79,900	Airbnb cash on cash: -1.71% Traditional cash on cash: 11.18% Airbnb Rental Income: $744 Traditional Rental Income: $1445 Airbnb ROI: -1.71% Traditional ROI: 11.18%
505 S POPLAR Street Carbondale, IL Awesome 10 unit complex!!! High quality construction. Separate electric and water meters, ...	N/A beds \| N/A baths \| N/A	$339,900	Airbnb cash on cash: -3.33% Traditional cash on cash: 0.43% Airbnb Rental Income: $744 Traditional Rental Income: $1629 Airbnb ROI: -3.33% Traditional ROI: 0.43%

Real Estate investment in Carbondale, IL

There are 33 properties for sale in the city of Carbondale . The median list price in Carbondale is $144,900 and the average price per square foot is $74. In December 2025, the average monthly cash on cash return in Carbondale is 6.00%. The average monthly rental income in Carbondale is $1,500.

Carbondale, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 33 investment properties available for sale in Carbondale.

In 2025, the best neighborhood to buy investment property is Carbondale.

The ROI for Long-Term is higher than the Short-Term in Carbondale with average rental income of $1,500.

Your search for investment property begins and ends here

Investment Property for Sale in Carbondale, IL

1950 N ILLINOIS Avenue

Carbondale, IL

N/A beds | N/A baths | N/A

$275,000

Airbnb cash on cash: -0.52%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $744

Traditional Rental Income: $1439

Airbnb ROI: -0.52%

Traditional ROI: 3.37%

305 & 307 E MILL Street

Carbondale, IL

N/A beds | N/A baths | N/A

$649,000

Airbnb cash on cash: -2.95%

Traditional cash on cash: -0.89%

Airbnb Rental Income: $744

Traditional Rental Income: $1673

Airbnb ROI: -2.95%

Traditional ROI: -0.89%

3115 W Striegel Road

Carbondale, IL

4 beds | 5 baths | 3,750 sq.ft.

$865,000

Airbnb cash on cash: -2.7%

Traditional cash on cash: 1.76%

Airbnb Rental Income: $1474

Traditional Rental Income: $4634

Airbnb ROI: -2.7%

Traditional ROI: 1.76%

909 W SYCAMORE Street

Carbondale, IL

N/A beds | N/A baths | N/A

$149,900

Airbnb cash on cash: 0.72%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $744

Traditional Rental Income: $1462

Airbnb ROI: 0.72%

Traditional ROI: 7.91%

402-408 HESTER Street unit: 14 #14

Carbondale, IL

N/A beds | N/A baths | N/A

$720,000

Airbnb cash on cash: -2.36%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $744

Traditional Rental Income: $2082

Airbnb ROI: -2.36%

Traditional ROI: 0.1%

310-312 W MONROE Street unit: 4 #4

Carbondale, IL

N/A beds | N/A baths | N/A

$240,000

Airbnb cash on cash: -1.74%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $744

Traditional Rental Income: $2088

Airbnb ROI: -1.74%

Traditional ROI: 5.56%

5341 N Lick Creek Road

Carbondale, IL

2 beds | 2 baths | 1,568 sq.ft.

$250,000

Airbnb cash on cash: 2.52%

Traditional cash on cash: 6.91%

Airbnb Rental Income: $1536

Traditional Rental Income: $2127

Airbnb ROI: 2.52%

Traditional ROI: 6.91%

405-411 E MILL Street unit: 14 #14

Carbondale, IL

N/A beds | N/A baths | N/A

$720,000

Airbnb cash on cash: -5.09%

Traditional cash on cash: -3.17%

Airbnb Rental Income: $744

Traditional Rental Income: $1718

Airbnb ROI: -5.09%