LKV Realty
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$350,000
$1,900Reward *
1302 &1306 Walnut Street, Murphysboro, IL 62966Listing ID 12676091

1302 &1306 Walnut Street, Murphysboro, IL 62966

Active
Murphysboro
Time on site: 64 daysLast updated: Jun 26, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Square Feet
Square Feet
5,996
Days on Site
Days on Site
64
Cooling
Cooling
Central Air
Heating
Heating
Electric
Year Built
Year Built
1931

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.

Property Information

Property Details

Location

Address
1302 &1306 Walnut Street
County
Jackson
City
Murphysboro
Zip Code
62966
Subdivision
Murphysboro
School District
186
MLS Area
Murphysboro

Interior Features

Beds and Baths

Bedrooms
4

Building

Building Information

Square Feet
5,996
Year Built
1931
Construction
Brick

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$1,618
Tax Year
2024

Homeowner Association

HOA Fee Frequency
Not Applicable
Coldwell Banker DHH Realty, (618) 305-5950

Market Report for 62966

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 15 Aug 2026, 05:29 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD1060159