Listing provided courtesy of Coldwell Banker DHH RealtyMREDas Distributed by MLSGrid- MLS# 12676091MLS Provider

1302 &1306 Walnut StreetMurphysboro, IL 62966

Single Family · 4 Beds · 5,996 Sq. ft.
$350,000 Active

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 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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1302 &1306 Walnut Street Facts & Features

  • Type Single Family
  • Sq. ft. 5,996
  • Price/Sq.ft. $58

Details

General

Association/HOA

  • Association Fee Frequency: Not Applicable
  • Association Fee Includes: None

School Information

  • School District: 186

Building Information

  • New Construction: No
  • Year Built: 1931

Location/Region

  • County Or Parish: Jackson
  • MLS Area Major: Murphysboro

Tax Information

  • Tax Annual Amount: $1,617.56
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 1404376029
  • Property Type: Residential
  • Special Listing Conditions: None

Interior

Building Information

  • Approx. Total Finished SqFt.: 0
  • Disability Access: No
  • Total SqFt.: 0

Beds/Baths

  • Bathrooms Full: 0
  • Bathrooms Half: 0
  • Bathrooms Total: 0
  • Bedrooms Total: 4
  • Bedrooms Possible: 4

General Information

  • Basement: Unfinished, Partial
  • Cooling: Central Air
  • Heating: Electric
  • Living Area: 5996
  • Living Area Source: Estimated
  • Rooms Total: 7

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Additional Parcels: Yes
  • Lot Size Dimensions: 80X46
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Other
  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Room Information

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

  • Level: N/A

Room: Family Room

  • Level: N/A

Room: Laundry

  • Level: N/A

Room: Bedroom 2

  • Level: Second
  • Dimensions: 14X8

Room: Bedroom 3

  • Level: Second
  • Dimensions: 13X15

Room: Bedroom 4

  • Level: Second
  • Dimensions: 12X15

Room: Dining Room

  • Level: Second
  • Dimensions: 9X16

Room: Kitchen

  • Level: Second
  • Dimensions: 11X16

Room: Living Room

  • Level: Second
  • Dimensions: 14X12

Room: Master Bedroom

  • Level: Second
  • Dimensions: 10X14

1302 &1306 Walnut Street Neighborhood

Community

62966 (Murphysboro) Demographics

39
Median Age
128
Population Density (per sq. mile)
34%
College Educated
$44,483
Estimated Median Income
4,051
Estimated Total Home Owners
2,104
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1302 &1306 Walnut Street Market Data

Based on the last 30 days in this zip code

$218,016
Average List Price
$113
Average Price per Square Foot
10
Properties Sold
76
Average Days on Market
61
Properties for Sale
Calculations provided by Reliance Network

1302 &1306 Walnut Street History

Date Event Value Agent
6/18/2026Source: MRED Status Change
Active
6/12/2026Source: MRED Added to Database
June 12, 2026