1807 E MAIN Street Marion, IL $ 899,000
1807 E MAIN Street
$ 899,000
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1807 E MAIN Street

Marion, IL, 62959
$ 899,000
Baths0.0 Sq 3,000

Monthly Estimate*

$ 5,609

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Studio

Multi-Family Home for sale in Marion, IL

for $899,000. This 3,000 square foot home was built in 1953 on a lot size of 12.15.

Investor-Ready | 12-Acre Multi-Use Property with Rental Income & Development Potential | East Marion, IL Unlock exceptional potential with this 12-acre income-producing property on the growing east side of Marion. Property includes two single-family homes, multiple multi-family units, and commercial storage buildings-plus room to expand. Currently home to 9 residential units (1-3 beds), a laundry building with future unit potential, and multiple commercial-use barns and workshops, this property is perfect for long-term investors or developers. Located just 10 minutes from I-57, 20 miles from Harrisburg, and 28 miles from Carbondale, with close proximity to SIH, Aisin, VA Hospital, and other top regional employers. Zoned and positioned for future residential or commercial development, this site is eligible for Marion's TIF District and possibly the Enterprise Zone. The opportunity for creative financing and strong long-term ROI makes this an ideal match for investors or developers looking to take on a meaningful project in a high-growth corridor. Public utilities are nearby for growth, and engineering reports for surrounding parcels suggest smooth scalability. Whether you're expanding a portfolio, developing multi-family housing, or creating a mixed-use community, this is your springboard in one of Southern Illinois' strongest growth corridors. Full breakdown of rents available to qualified buyers.

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Multi-Family Active

Price

$ 899,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 12,268

Style

Commercial

Lot Size

12.15

Year Built

1953

Town/City

Marion

County/Region

Williamson

MLS | Web ID

EB458964

Features
General
Zoning Comme
Year Built 1953
Electric Separate Meters
Tenant Pays Other
Current Use Commercial
Gross Income 103356
County Williamson
Net Operating Income 70985
Operating Expense 20102
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions E Main to property on the South Side of the Road
City Marion
Number Of Units Total 9
MLS Area Durand
Tax Annual Amount 12268.64
Electric Expense 4980
Fuel Expense 0
Trash Expense 1140
Water Sewer Expense 900
Standard Status Active
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Exterior
Building Area Total 3000
Lot Dimensions 500 x 940
Lot Size Acres 12.15
Frontage Type Paved
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* Excluded Features
List By
Indigo Realty Llc

Broker

abunting76@hotmail.com

Email

Affordability Calculator

$6,631
Per Month
85%
15%
0%
Monthly Principal & Interest
$5,609
Monthly Property Taxes
$1,022
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/19/2025$899,000 Listed Price

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1807 E MAIN Street, Marion, IL, 62959 is a Multi-Family Home for sale at $899,000 with 3,000 sqft and a lot size of 12.15. 1807 E MAIN Street is a studio with 0.0 baths and was built in 1953. The property's zip code is 62959 which is in Marion, IL