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 \| 5,006 sq.ft.	$275,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 3.37% Airbnb Rental Income: $863 Traditional Rental Income: $1439 Airbnb ROI: -0.14% 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 \| 8,000 sq.ft.	$649,000	Airbnb cash on cash: -2.78% Traditional cash on cash: -0.89% Airbnb Rental Income: $863 Traditional Rental Income: $1673 Airbnb ROI: -2.78% 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.	$875,000	Airbnb cash on cash: -2.62% Traditional cash on cash: 1.73% Airbnb Rental Income: $1536 Traditional Rental Income: $4634 Airbnb ROI: -2.62% Traditional ROI: 1.73%
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 \| 3,200 sq.ft.	$149,900	Airbnb cash on cash: 1.41% Traditional cash on cash: 7.91% Airbnb Rental Income: $863 Traditional Rental Income: $1462 Airbnb ROI: 1.41% Traditional ROI: 7.91%
402-408 HESTER Street #14 Carbondale, IL INVESTMENT OPPORTUNITY across the street from Southern Illinois University's campus, recre...	N/A beds \| N/A baths \| 12,852 sq.ft.	$720,000	Airbnb cash on cash: -2.22% Traditional cash on cash: 0.1% Airbnb Rental Income: $863 Traditional Rental Income: $2082 Airbnb ROI: -2.22% Traditional ROI: 0.1%
310-312 W MONROE Street #4 Carbondale, IL WALKING DISTANCE TO DOWNTOWN restaurants and entertainment, adjacent to the Carbondale lib...	N/A beds \| N/A baths \| 4,050 sq.ft.	$240,000	Airbnb cash on cash: -1.31% Traditional cash on cash: 5.56% Airbnb Rental Income: $863 Traditional Rental Income: $2088 Airbnb ROI: -1.31% 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 P...	2 beds \| 2 baths \| 1,568 sq.ft.	$295,000	Airbnb cash on cash: 1.69% Traditional cash on cash: 5.72% Airbnb Rental Income: $1434 Traditional Rental Income: $2127 Airbnb ROI: 1.69% Traditional ROI: 5.72%
304 E COLLEGE Street Carbondale, IL Excellent Investment or Owner-Occupant Opportunity! Well-maintained property featuring a 4...	N/A beds \| N/A baths \| 1,750 sq.ft.	$119,000	Airbnb cash on cash: 0.87% Traditional cash on cash: 11.26% Airbnb Rental Income: $863 Traditional Rental Income: $1724 Airbnb ROI: 0.87% Traditional ROI: 11.26%
405-411 E MILL Street #14 Carbondale, IL BANK FORECLOSURE! 14 two bedroom townhouse units with 1.5 baths. Appliances including was...	N/A beds \| N/A baths \| 14,400 sq.ft.	$720,000	Airbnb cash on cash: -4.94% Traditional cash on cash: -3.17% Airbnb Rental Income: $863 Traditional Rental Income: $1718 Airbnb ROI: -4.94% Traditional ROI: -3.17%
510-514 S Beveridge Street #16 Carbondale, IL BANK FORECLOSURE! 2 buildings, 16 units total with 14 two bedrooms townhouse units and 2 ...	N/A beds \| N/A baths \| 16 sq.ft.	$560,000	Airbnb cash on cash: -5.42% Traditional cash on cash: -3.43% Airbnb Rental Income: $863 Traditional Rental Income: $1573 Airbnb ROI: -5.42% 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: 5.69% Traditional cash on cash: 7.95% Airbnb Rental Income: $2205 Traditional Rental Income: $2035 Airbnb ROI: 5.69% Traditional ROI: 7.95%
511 S Rawlings Street Carbondale, IL Excellent opportunity to own a well-maintained 10-unit multifamily property in a strong re...	N/A beds \| N/A baths \| 5,976 sq.ft.	$284,900	Airbnb cash on cash: -3.61% Traditional cash on cash: 0.56% Airbnb Rental Income: $863 Traditional Rental Income: $1647 Airbnb ROI: -3.61% Traditional ROI: 0.56%
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: 1.09% Traditional cash on cash: 2.84% Airbnb Rental Income: $1536 Traditional Rental Income: $1631 Airbnb ROI: 1.09% Traditional ROI: 2.84%
1408 Bobette Lane Carbondale, IL Welcome to Bobette Lane! This three bedroom home is located in the heart of the sought-aft...	3 beds \| 2 baths \| 1,340 sq.ft.	$199,000	Airbnb cash on cash: 4.9% Traditional cash on cash: 7.01% Airbnb Rental Income: $2205 Traditional Rental Income: $2047 Airbnb ROI: 4.9% Traditional ROI: 7.01%
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 \| 5,078 sq.ft.	$299,900	Airbnb cash on cash: -2.82% Traditional cash on cash: 1.24% Airbnb Rental Income: $863 Traditional Rental Income: $1676 Airbnb ROI: -2.82% 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.	$495,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 3.11% Airbnb Rental Income: $1536 Traditional Rental Income: $3315 Airbnb ROI: -1.69% Traditional ROI: 3.11%
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.	$219,000	Airbnb cash on cash: 4.74% Traditional cash on cash: 4.96% Airbnb Rental Income: $2205 Traditional Rental Income: $1693 Airbnb ROI: 4.74% Traditional ROI: 4.96%
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.	$375,000	Airbnb cash on cash: -0.37% Traditional cash on cash: 0.8% Airbnb Rental Income: $1536 Traditional Rental Income: $1500 Airbnb ROI: -0.37% Traditional ROI: 0.8%
616 S SURREY Lane Carbondale, IL This 4 bedroom, 2.5 bath home has all the charm and updates youâve been searching for. F...	4 beds \| 3 baths \| 1,865 sq.ft.	$230,000	Airbnb cash on cash: 1.85% Traditional cash on cash: 7.13% Airbnb Rental Income: $1536 Traditional Rental Income: $2241 Airbnb ROI: 1.85% Traditional ROI: 7.13%
902 W MILL Street #904,906,908 Carbondale, IL Incredible investment opportunity! Own four well-maintained duplexes offering a total of 4...	N/A beds \| N/A baths \| 15,360 sq.ft.	$1,250,000	Airbnb cash on cash: -2.95% Traditional cash on cash: -1.75% Airbnb Rental Income: $863 Traditional Rental Income: $1922 Airbnb ROI: -2.95% Traditional ROI: -1.75%
609 S POPLAR Street Carbondale, IL Spacious 6-Bedroom, 5.5-Bath Home â Perfect for Student Housing or Investment! This move...	N/A beds \| N/A baths \| 2,584 sq.ft.	$225,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 3.62% Airbnb Rental Income: $863 Traditional Rental Income: $1536 Airbnb ROI: -1.1% Traditional ROI: 3.62%
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: 5.89% Traditional cash on cash: 7.45% Airbnb Rental Income: $2205 Traditional Rental Income: $1893 Airbnb ROI: 5.89% 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: 5.37% Traditional cash on cash: 8.38% Airbnb Rental Income: $2205 Traditional Rental Income: $2191 Airbnb ROI: 5.37% Traditional ROI: 8.38%

Real Estate investment in Carbondale, IL

There are 29 properties for sale in the city of Carbondale . The median list price in Carbondale is $165,000 and the average price per square foot is $56. In October 2025, the average monthly cash on cash return in Carbondale is 8.00%. The average monthly rental income in Carbondale is $1,808.

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

There are 29 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 $1,808.

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 | 5,006 sq.ft.

$275,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $863

Traditional Rental Income: $1439

Airbnb ROI: -0.14%

Traditional ROI: 3.37%

305 & 307 E MILL Street

Carbondale, IL

N/A beds | N/A baths | 8,000 sq.ft.

$649,000

Airbnb cash on cash: -2.78%

Traditional cash on cash: -0.89%

Airbnb Rental Income: $863

Traditional Rental Income: $1673

Airbnb ROI: -2.78%

Traditional ROI: -0.89%

3115 W Striegel Road

Carbondale, IL

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

$875,000

Airbnb cash on cash: -2.62%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $1536

Traditional Rental Income: $4634

Airbnb ROI: -2.62%

Traditional ROI: 1.73%

909 W SYCAMORE Street

Carbondale, IL

N/A beds | N/A baths | 3,200 sq.ft.

$149,900

Airbnb cash on cash: 1.41%

Traditional cash on cash: 7.91%

Airbnb Rental Income: $863

Traditional Rental Income: $1462

Airbnb ROI: 1.41%

Traditional ROI: 7.91%

402-408 HESTER Street #14

Carbondale, IL

N/A beds | N/A baths | 12,852 sq.ft.

$720,000

Airbnb cash on cash: -2.22%

Traditional cash on cash: 0.1%

Airbnb Rental Income: $863

Traditional Rental Income: $2082

Airbnb ROI: -2.22%

Traditional ROI: 0.1%

310-312 W MONROE Street #4

Carbondale, IL

N/A beds | N/A baths | 4,050 sq.ft.

$240,000

Airbnb cash on cash: -1.31%

Traditional cash on cash: 5.56%

Airbnb Rental Income: $863

Traditional Rental Income: $2088

Airbnb ROI: -1.31%

Traditional ROI: 5.56%

5341 N Lick Creek Road

Carbondale, IL

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

$295,000

Airbnb cash on cash: 1.69%

Traditional cash on cash: 5.72%

Airbnb Rental Income: $1434

Traditional Rental Income: $2127

Airbnb ROI: 1.69%

Traditional ROI: 5.72%

304 E COLLEGE Street

Carbondale, IL

N/A beds | N/A baths | 1,750 sq.ft.

$119,000

Airbnb cash on cash: 0.87%

Traditional cash on cash: 11.26%

Airbnb Rental Income: $863

Traditional Rental Income: $1724

Airbnb ROI: 0.87%