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1302 &1306 Walnut Street, 
Murphysboro, IL 62966

$350,000


4

Beds


—

Bath


5,996

Sq Ft


Single Family

Active

Listed by

Rae Hanna

Last updated:

July 7, 2026, 11:18 AM

MLS#

12676091

Source:

MLSNI

Company Logo

About This Home

1302 &1306 Walnut Street

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.

Home Facts

Single Family

4 Bedrooms

Built in 1931

Price Summary

350,000

$58 per Sq. Ft.

MLS #:

12676091

Last Updated:

July 7, 2026, 11:18 AM


Rooms & Interior

Bedrooms

Total Bedrooms:

4

Interior

Living Area:

5,996 Sq. Ft.


Structure

Structure

Building Area:

5,996 Sq. Ft.

Year Built:

1931


Finances & Disclosures

Finances

Price:

$350,000

Price per Sq. Ft:

$58 per Sq. Ft.

1302 &1306 Walnut Street
MLS Logo
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.