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Detached Single · Murphysboro, IL
$350,000
4 beds · baths · 5,996 sqft
1302 &1306 Walnut Street, Murphysboro, IL, 62966
A brick-and-mortar place to make your own — room to make it home.
Active

What’s special

Central air
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.
— the listing agent’s description

The home

4 beds
5,996 sqft
Built in 1931
Lot 80X46
Detached Single
Other

What it’ll cost

$58 / sqft
$1,618 taxes / yr
No HOA
15 days on dwello

Estimated monthly payment

$2,098/mo
Principal & interest$1,861
Property taxes$135
Homeowners insurance$102
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WED
Jun 3
THU
Jun 4
FRI
Jun 5
SAT
Jun 6
11:00 am
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15 days on dwello
Price history
Listed for sale
Jun 12, 2026
$350,000
Earlier records
Listed
Jun 12, 2026
$350,000
From MLS records — independently verify.
Property taxes
2025
Annual tax bill (MLS)
$1,618/yr
From county records — verify with the assessor.

Features

Central AirElectricBrickPublic Sewer

Schools nearby

Immanuel Lutheran School · 0.4 mi
Washington School · 0.6 mi
Tri-County Center School · 0.6 mi
Murphysboro Christian Academy · 0.7 mi
Murphysboro Middle School · 0.7 mi
This listing didn’t include assigned schools, so these are the closest schools (OpenStreetMap) — not necessarily the attendance-zoned schools. Confirm assignment with the district.
Neighborhood
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Nearby places via OpenStreetMap — approximate; verify what matters to you. Map © Mapbox © OpenStreetMap.
MLS listing dataMRED
Listed by RAE HANNA · Coldwell Banker DHH Realty
Listing last updated Jun 26, 2026 · data refreshed from the MLS Jun 26, 2026, 9:33 AM CT
Based on information submitted to the MLS GRID as of Jun 26, 2026, 9:33 AM CT. Listing data © MRED LLC, distributed by MLS GRID — deemed reliable but not guaranteed; independently verify. Anything shown below this point is not MLS listing data.
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