


1302 & 1306 Walnut StreetMurphysboro, IL 62966
Commercial · 5,996 Sq. ft.1302 & 1306 Walnut Street Overview
- Time on Site:
- 18 days
- Visits:
- 0
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 fall of 2022. Their pride of ownership and commitment to the community are evident throughout, and 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.
1302 & 1306 Walnut Street Facts & Features
- Type Commercial
- Sq. ft. 5,996
- Price/Sq.ft. $58
Details
General
Association/HOA
- Association Fee Frequency: Annually
Income/Expenses
- Existing Lease Type: Gross
- Net Operating Income: 0
Building Information
- Year Built: 1931
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Jackson
- MLS Area Major: Murphysboro
Tax Information
- Tax Annual Amount: $1,617.56
- Tax Year: 2024
General Information
- Parcel Number: 1404376029
- Property Type: Commercial Sale
Interior
Building Interior
- Building Area Total: 5996
General Information
- Cooling: Central Air
- Electric: Separate Meters
- Foundation Details: Block, Concrete Perimeter
- Leasable Area: 5996
- Stories: 2
Unit Information
- Unit SqFt.: 5996
Exterior
Lot Information
- Additional Parcels: Yes
- Frontage Type: City Street,Frontage Road,Public Road,State Road
- Lot Size Dimensions: 80X46
- Lot Size Square Feet: 3680
Building Exterior/Construction
- Construction Materials: Brick
General Information
- Number Of Units Total: 2
1302 & 1306 Walnut Street Neighborhood
Community
62966 (Murphysboro) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.1302 & 1306 Walnut Street Monthly Cost
1302 & 1306 Walnut Street Market Data
Based on the last 30 days in this zip code
1302 & 1306 Walnut Street History
| Date | Value | Agent |
|---|---|---|
| 6/18/2026Source: MRED | Active |
|
| 6/12/2026Source: MRED | June 12, 2026 |


































































































