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1201 N Mclaren Street Marion, IL $ 495,900
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1201 N Mclaren Street
$ 495,900
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1201 N Mclaren Street

Marion, IL, 62959
$ 495,900
Bedrooms4 Baths0.0

Monthly Estimate*

$ 3,053

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Multi-Family Home for sale in Marion, IL

for $495,900 with 4 bedrooms. This home was built in 2006 on a lot size of 0.31.

Are you looking for an investment property? This 5-plex is an excellent opportunity! Each unit features 2 bedrooms and 2 bathrooms, along with 2 parking spaces-one covered by a carport and one uncovered. The roof was replaced in 2019. Renters enjoy covered patios in the back, and each unit includes a 6x8 laundry room. All units are currently rented. The building has brick on three sides and vinyl on the back. The owner covers the dumpster service used by tenants, while all other utilities are paid by the renters.

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Multi-Family Active

Price

$ 495,900

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 11,126

Style

Lot Size

0.31

Year Built

2006

Town/City

Marion

County/Region

Williamson

MLS | Web ID

12653760
Features
General
Cooling Central Air
Year Built 2006
Stories Count 1
Tax Year 2025
Gross Income 50400
County Williamson
Net Operating Income 0
Operating Expense 11126
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 0
Status Active
Directions Heading north on S. Carbon St. take a ride onto W. Young St. follow straight and then turn left onto McLaren Street.
City Marion
Number Of Units Total 5
MLS Area Marion
Tax Annual Amount 11126
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 159.6x84
Lot Size Acres 0.31
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* Excluded Features
List By
Coldwell Banker J D Thompson

Broker

lindaatcb@yahoo.com

Email

Affordability Calculator

$3,981
Per Month
77%
23%
0%
Monthly Principal & Interest
$3,053
Monthly Property Taxes
$927
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/1/2026$495,900 Listed Price

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1201 N Mclaren Street, Marion, IL, 62959 is a Multi-Family Home for sale at $495,900 with a lot size of 0.31. 1201 N Mclaren Street has 4 bedrooms, 0.0 baths, and was built in 2006. The property's zip code is 62959 which is in Marion, IL

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