1302 &1306 Walnut Street, Murphysboro, IL 62966
Local realty services provided by:ERA Naper Realty
1302 &1306 Walnut Street,Murphysboro, IL 62966
$350,000
- 4 Beds
- - Baths
- 5,996 sq. ft.
- Single family
- Active
Listed by: rae hanna
Office: coldwell banker dhh realty
MLS#:12676091
Source:MLSNI
Price summary
- Price:$350,000
- Price per sq. ft.:$58.37
About this home
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. New roofs were also installed by Clover Roofing in 2022. Their pride of ownership and commitment to the community are evident throughout, 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....
Contact an agent
Home facts
- Year built:1931
- Listing ID #:12676091
- Updated:September 26, 2026 at 11:33 AM
Rooms and interior
- Bedrooms:4
- Rooms Total:7
- Basement Description:Partial, Unfinished
- Living area:5,996 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
- Central air:Yes
Structure and exterior
- Year built:1931
- Building area:5,996 sq. ft.
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Price per sq. ft.:$58.37
- Tax amount:$1,618 (2024)
New listings near 1302 &1306 Walnut Street
- New
$15,000Active2 beds 1 baths924 sq. ft.1923 Minton Street, Murphysboro, IL 62966
MLS# 12769990Listed by: C21 HOUSE OF REALTY, INC. CD - New
$147,500Active3 beds 2 baths1,145 sq. ft.1507 Fair Drive, Murphysboro, IL 62966
MLS# 12768409Listed by: RE/MAX REALTY CENTRAL - New
$150,000Active8 Acres000 Hwy 127, Murphysboro, IL 62966
MLS# 12764522Listed by: COLDWELL BANKER DHH REALTY - New
$169,900Active3 beds 2 baths2,554 sq. ft.88 S Jungle Road, Murphysboro, IL 62966
MLS# 12762907Listed by: KELLER WILLIAMS PINNACLE
$149,999Pending3 beds 2 baths1,344 sq. ft.1302 N 16th Street, Murphysboro, IL 62966
MLS# 12763711Listed by: C21 HOUSE OF REALTY, INC. CD- New
$65,000Active2 beds 2 baths970 sq. ft.430 N 11th Street #8, Murphysboro, IL 62966
MLS# 12761731Listed by: C21 HOUSE OF REALTY, INC. CD - New
$125,000Active3 beds 1 baths1,250 sq. ft.911 N 7th Street, Murphysboro, IL 62966
MLS# 12755912Listed by: RE/MAX REALTY CENTRAL - New
$30,000Active2 beds 1 baths980 sq. ft.723 N 9th Street, Murphysboro, IL 62966
MLS# 12759285Listed by: RE/MAX REALTY CENTRAL
$149,900Active3 beds 2 baths1,288 sq. ft.1023 Roberta Drive, Murphysboro, IL 62966
MLS# 12754398Listed by: LANDMARK REALTY GROUP MBORO
$149,000Active0 Acres330 North Street, Murphysboro, IL 62966
MLS# 12754758Listed by: LANDMARK REALTY GROUP