See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

702 W Walnut St, Carbondale, IL, 62901

3beds
1baths
1,188sqft
$50,000
$42price/sqft
$574/moest. monthly cost
$22,960/yrincome needed

About This Home

BANK FORECLOSURE! Needs TLC, but can make a nice home or investment property. As a previously rented home, this might be available for the City Rental Conversion Grant to convert to single family. A large living room, dining room, well lit kitchen, enclosed back porch entry, carport and full basement suitable for mechanicals and storage are some pluses that other homes don't have. The side alley adds some space between homes, too. As a foreclosure, no disclosures are required.

Getting Around

70
WalkingSomewhat Walkable
0
TransitVery Limited Transit
76
BikeVery Bikeable

Schools

2/10
Thomas Elementary SchoolGrades 2-31.3 mi
2/10
Carbondale Middle SchoolGrades 6-81.6 mi

Construction

Materials

  • Construction materials: Vinyl Siding,Frame

Type & Style

  • Home type: SingleFamily
  • Architectural style: Bungalow
  • Property subType: Single Family Residence

Interior

Basement

  • Has basement: Yes
  • Basement: Unfinished,Egress Window,Full

Bedroom2

  • Features: Flooring (Carpet)
  • Level: Main
  • Area: 130
  • Dimensions: 10x13

Bedroom3

  • Features: Flooring (Other)
  • Level: Main
  • Area: 104
  • Dimensions: 8x13

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Heating

  • Heating features: Natural Gas

Interior Area

  • Total interior livable area: 1,188 sqft

Kitchen

  • Features: Flooring (Tile)
  • Level: Main
  • Area: 117
  • Dimensions: 9x13

Master Bedroom

  • Features: Flooring (Carpet),Bathroom (Full,Shared)
  • Level: Main
  • Area: 130
  • Dimensions: 10x13

Property

Details

  • Parcel number: 1521152011

Features

  • Patio & porch: Deck

Lot

  • Lot size: 4,950 sqft
  • Features: Level
  • Lot size dimensions: 55x90

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Strong Wind
    Strong WindVery High
  • Cold Wave
    Cold WaveRelatively High
  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Tornado
    TornadoModerate

How This Home’s Risks Compare

Strong Wind
Cold Wave
Earthquake
Heat Wave
Lightning
Winter Weather
Hail
Ice Storm
Tornado

FEMA Declared Disasters Across Illinois Counties

Flood

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $252$3,024
Home Insurance *$116$1,392
Property Taxes $76$912
Electricity $130$1,569
Total$574$6,888
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$19,680/yr
40% on housing$17,220/yr
45% on housing$15,306/yr

Illinois FAIR Plan Programs

Illinois FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,961Commercial: 62
Total Premiums$4.35M
Total Exposure$370.02M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.3%
9.3%
0%30.0%
Electricity Growth Rate10-year average: 5.5%
5.5%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$42This listing

vs Other Active Listings

Avg $/sqft

ZIP 62901$70
Jackson County$93

vs Homes Sold Last Month

Median $/sqft

ZIP 62901$67
Jackson County$70

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-31Listed for sale$50,000
2013-11-12Sold$22,500

For Sale by Agent

AgentRolf Schilling
BrokerageCOMMERCIAL REALTY ASSOCIATES

Similar Homes