Palomino Apartments — Sale in Carbondale, IL

  • Price: $2.4M
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Carbondale, IL 62901

Photos

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Description

42-Unit Value Add Multifamily Opportunity Near Southern Illinois University - Carbondale, IL CBRE is pleased to offer for sale Palomino Apartments (the “Property”), a 42-unit apartment community located in Carbondale, Illinois. Built in 1970, the Property consists entirely of two-bedroom apartment homes and offers investors a value-add opportunity through continued unit upgrades and rental growth. Palomino Apartments features spacious two-bedroom, 1.5-bath units with fully-equipped kitchens, private balconies or porches, generous storage and closet space, and on-site laundry facilities. The Property also benefits from ample parking and select renovated interiors.

Market Context

This multifamily in Carbondale, IL is listed for sale at $2,400,000. Compare it against other multifamily listings for sale in Carbondale, IL — view the full market.

First seen on CREHunt: Aug 23, 2026

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