Apartment Acquisitions · Carbondale
Sell Your Commercial Property In Carbondale, IL
We are an active buyer of Carbondale commercial rental properties with five or more units, whether the building is fully leased, half vacant, or overdue for renovation.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Carbondale Submarkets: Murphysboro · Carterville · Marion · Cobden — Jackson County, IL
Market Snapshot
Renter Demand In Carbondale
Carbondale, in Jackson County, has 22,158 residents, per Census ACS 2020-2024. Renters hold 73.6% of Carbondale households, more than double the Illinois share. Median gross rent in Carbondale is $771 a month, against $1,274 across Illinois. Southern Illinois University Carbondale enrolled 12,066 students in fall 2026. Owners who want to sell commercial property in Carbondale, IL can use these figures on rents, taxes and local rules. Skyline Capital Investments buys 5+ unit buildings in Carbondale and nearby Murphysboro, Carterville, Marion and Cobden.
Southern Illinois University Carbondale
SIU Carbondale enrolled 12,066 students in fall 2026, up 281 students or 2.4% from fall 2025.SIH Memorial Hospital of Carbondale
Memorial Hospital of Carbondale is a 162-bed tertiary care hospital in a system of more than 4,000 employees.Shawnee National Forest
The Shawnee National Forest covers 289,000 acres in southern Illinois between the Ohio and Mississippi rivers.Our Buy Box
What We Buy In Carbondale
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Carbondale Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Carbondale
Renters occupy 73.6% of Carbondale's 9,714 occupied homes, per ACS 2020-2024 tenure data. Jackson County sits at 50.0% and Illinois at 32.9%.
Carbondale has 5,181 homes in buildings of five or more units, 42.8% of its housing (ACS units in structure). About 57.6% of Carbondale housing was built before 1980 (ACS year built).
Carbondale rents and HUD fair market rents
Median gross rent in Carbondale is $771 a month, per ACS 2020-2024. The HUD FY2027 two-bedroom fair market rent for Jackson County, IL is $930.
About 53.3% of Carbondale renters pay 30% or more of income on rent (ACS rent burden). Owners who sell commercial real estate in Carbondale, IL can show buyers that gap to HUD rents.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $648 |
| One bedroom | $761 |
| Two bedrooms | $930 |
| Three bedrooms | $1,212 |
| Four bedrooms | $1,254 |
Property taxes in Jackson County: a $2M example
A $2,000,000 Carbondale apartment building owes about $83,856 a year at tax code 1002's 2021 rate. Illinois assesses most property at 33 1/3 percent of market value (Illinois Department of Revenue), or $666,667 here.
Tax code 1002 carries a total rate of 12.57836 per $100 of assessed value (Jackson County 2021 Tax Rate Codes). School District 95 levies 5.04978, School District 165 levies 2.74445 and Jackson County levies 1.93610.
Carbondale's own city levy is just 0.36905, a point worth raising when you sell commercial property in Carbondale, IL.
Landlord rules in Carbondale
Illinois does not have a rent control law, according to the Illinois Attorney General. In buildings of five or more units, deposits are due back within 45 days of move-out.
A nonpayment notice gives tenants five days to pay, and a lease violation requires a 10-day notice. Carbondale's Mandatory Rental Housing Inspection Program requires owners to register and open rental units for inspection once every three years.
What it means for a Carbondale owner
Rental vacancy in Carbondale was 9.2% in ACS 2020-2024, with a 3.0-point margin of error (ACS DP04). Run your numbers through our cap rate calculator before you sell commercial property in Carbondale, IL.
Skyline Capital Investments buys 5+ unit apartment buildings near Southern Illinois University, so you can sell your apartment building in Carbondale without a listing.
Before You Sell
Pricing Your Building In Carbondale
More about selling in Illinois →Investing in Carbondale? See apartment syndications in Carbondale →
- Carbondale holds 826 homes in buildings of 50 or more units, per ACS 2020-2024.
- Median household income in Carbondale is $32,128, against $83,390 statewide, per ACS 2020-2024.
- Owners ready to sell commercial real estate in Carbondale, IL should gather rent rolls and inspection records.
Seller Guides
Selling A Building In Carbondale
Learn More
Taxes & Rules For Carbondale Property
The Illinois rules that shape any deal in Carbondale: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Carbondale Seller FAQ
What should I know before I sell commercial property in Carbondale, IL?
Carbondale has 5,181 homes in buildings of five or more units, 42.8% of its housing. Renters hold 73.6% of households in ACS 2020-2024. A $2,000,000 building in Jackson County tax code 1002 owes about $83,856 a year at the 2021 rate.
What records do buyers want when I sell commercial real estate in Carbondale, IL?
Buyers review rent rolls, leases, tax bills and deposit records. Carbondale's Mandatory Rental Housing Inspection Program requires owners to register rental units and open them for inspection once every three years. Recent inspection results help buyers price a building.
How are apartment buildings taxed in Carbondale?
Illinois assesses most property at 33 1/3 percent of market value. Carbondale tax code 1002 carried a 2021 total rate of 12.57836 per $100 of assessed value. That works out to about 4.193% of market value for owners selling commercial property in Carbondale.
Can a Carbondale landlord raise rent without a cap?
Yes. The Illinois Attorney General says Illinois has no rent control law. A month-to-month tenant must get 30 days of notice before an increase. A tenant on a fixed-term lease cannot face an increase until that lease ends.
What do renters pay in Carbondale?
Median gross rent in Carbondale is $771 a month in ACS 2020-2024, against $1,274 statewide. HUD's FY2027 two-bedroom fair market rent for Jackson County is $930. Both benchmarks help set pricing when you sell multifamily property in Carbondale.
Will you buy a Carbondale property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Carbondale apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Who buys occupied rental property in Carbondale?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Carbondale?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Get An Offer Review In Carbondale
Tell us about it. Owners, agents, brokers, and deal finders are all welcome — conversations are confidential.
