Marion IL Multi Family for Sale

Sort Results:
1–7 of 7 properties displayed
Refine Property Search
Page 1 of 1    Prev | Next
Type:
Cluster
Sq.Ft.:
2,560
Status:
NEW LISTING
Beds:
n/a
Lot size:
4 Acres
Year built:
2005
Baths:
MLS#:
EB455204

ADDITIONAL INFORMATION

Check out this investment property located right off Dykersburg Rd with a Marion address. Both units are 3-bedroom, 2-bathroom trailers that have been completely remodeled. Each unit is situated on a different parcel and comes with their own septic systems. Don't miss out on this fantastic opportunity--call today!

Type:
Cluster
Sq.Ft.:
4,190
Status:
Active
Beds:
n/a
Lot size:
4 Acres
Year built:
2011
Baths:
MLS#:
EB455191

ADDITIONAL INFORMATION

Check out this amazing investment opportunity! This gorgeous four-unit property has been fully remodeled and situated right outside of town. Each pair of units share a driveway and septic system, with a total of two septic tanks on the property. There's also a beautiful pond and room to add a 5th trailer to the right of it. The 4th unit is currently occupied by a family member and brings in $300/month, but there's potential for higher rent upon accepted offer. Call me to discuss that situation further. Don't miss out on this opportunity! The location is showing up incorrect on Zillow, Realtor.com, and other websites. This property is located right off of Bethleham Lane in Marion, IL.

Type:
Cluster
Sq.Ft.:
1,302
Status:
Active
Beds:
n/a
Year built:
1974
Baths:
MLS#:
EB455117

ADDITIONAL INFORMATION

Ready to rent duplex in Marion! Take a look at this great investment property! Unit A is a 2 bedroom 1 bath with washer/dryer hook up, large living room and bedrooms. Also has a screened in back porch along with fenced in yard and two car garage. This unit has central air and baseboard heat. Previously rented for $850. Unit B is a 1 bedroom 1 bath with washer/dryer hook up along with a large living room and bedroom and a covered carport. This unit has a window unit and baseboard heat. Previously rented for $650. This is great property to add to your rental portfolio! Call today before it is too late!

Type:
Cluster
Sq.Ft.:
2,297
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
EB454230

ADDITIONAL INFORMATION

Investors, this is a duplex that used to be a 4plex, I've made a whole first floor apt and a whole 2nd floor apt. 3 bedrooms, 2 full bathrooms, living room, dining room, laundry closet, kitchen on each floor, 1st floor even has an extra den/sunroom off the master bedroom. 2,297 sq ft total. 4 car carport. Architectural layout in photos. It has new roof, rebuilt whole roof on front porch, new windows, new siding, 80% PEX plumbing complete, 100% new electrical throughout and from street currently working and still being completed, and much more noted in the documents section! At the asking price plus estimated $35,000 to complete it you would have $150,000 in it. Rented it should bring over $26,000 per year. Based on the cap rate and the past 2 years of multi-family sold comps, it should have a resale value when rented at $180,000 - $200,000. If that isn't enough profit, rent it out for 6 years then sell it for that price and you'll make over $150,000 profit. Additionally, the carport could be relocated on south to make room for building two additional townhomes on the back of the property. This could really be an income producer!

Type:
Cluster
Sq.Ft.:
8,360
Status:
Active
Beds:
n/a
Year built:
2018
Baths:
MLS#:
EB452803
Subdivision:
Griggs & Bracy

ADDITIONAL INFORMATION

Great Location at the corner of Fair and Thompson There are 8 units in all (2 four plex's). Each unit has approx 1045 sq ft. All units are the same floor plan. Open living/dining/kitchen, 2 bedrooms & 2 full baths. Master baths have walk in showers 1 car garage plus room for 2 cars on concrete pad. Garages have pull down ladder for attic storage. Flooring is luxury vinyl. Great room (Kitchen/living) is 15'4 x 25. Bedrooms approx 11x12 and 11 x 15. Small Patio in back with a semi private partition. 4 units pay $900 each and 3 of those are month to month. 4 Units pay $1,000 each and they are in with a lease.

Type:
Cluster
Sq.Ft.:
4,200
Status:
Active
Beds:
n/a
Lot size:
3 Acres
Year built:
1975
Baths:
MLS#:
EB451016

ADDITIONAL INFORMATION

Look at this former 16 bed Shared Care Facility located just minutes from the new Saline River Farms meat processing plant on Rt 166 north of Creal Springs. It would be a great location to provide housing for the workers at the meat processing plant. Amenities include 10 single rooms & 3 double rooms. 8 bathrooms, large kitchen and dining room, several living rooms, office space, back patio, large detached garage on 3.17 acres that could have additional housing built on. Just minutes east of Marion and I-57. This property would also make a great hunting lodge, rental cabins, or an Air BnB. Land is surveyed.

Type:
Cluster
Sq.Ft.:
2,150
Status:
Active
Beds:
n/a
Year built:
1920
Baths:
MLS#:
EB450301
Subdivision:
Wileys

ADDITIONAL INFORMATION

Be a part of the revitalization of Downtown Marion. Two homes side by side, 205 and 209 S. Buchanan. Both rented. Refrigerator and Range stay in each. Property in Marion TIF District.

Refine Property Search
Page 1 of 1    Prev | Next
1–7 of 7 properties displayed

Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067

All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 RMLS Alliance. All rights reserved.




Marion Real Estate

The median home value in Marion, IL is $207,500. This is higher than the county median home value of $95,200. The national median home value is $219,700. The average price of homes sold in Marion, IL is $207,500. Approximately 52.44% of Marion homes are owned, compared to 35.71% rented, while 11.85% are vacant. Marion real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Marion real estate agent to arrange a tour today!

Marion, Illinois has a population of 17,774. Marion is less family-centric than the surrounding county with 24.95% of the households containing married families with children. The county average for households married with children is 27.95%.

The median household income in Marion, Illinois is $46,036. The median household income for the surrounding county is $48,600 compared to the national median of $57,652. The median age of people living in Marion is 40.3 years.

Marion Weather

The average high temperature in July is 85.9 degrees, with an average low temperature in January of 21.2 degrees. The average rainfall is approximately 46.4 inches per year, with 14.4 inches of snow per year.

Marion Real Estate Market Conditions

  • Median sales price

    $207,500
    4.46% change since last quarter
  • # Active listings

    183
    30-day change

Marion Schools and Demographics

Education near Marion, IL

Metric City County
High School Graduates 90.97 90.87
College Degree - 2 year 9.73 10.88
College Degree - 4 year 22.92 22.49
Graduate Degree 7.93 6.77
Expenditures per Student 10,938 13,740
Students per Teacher 19 18.9

Elementary Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Adams School PK - 08 258 15.6 62922
Crab Orchard Elementary School PK - 08 362 25.9 62959
Herrin C U S D 4 Elementary School 02 - 05 697 15.8 62948
Jefferson Elementary School PK - 05 322 19.5 62959
Jefferson Elementary School PK - 02 308 21.2 62951
Lincoln Elementary School PK - 05 604 16.7 62959
Lincoln Elementary School 03 - 04 157 19.6 62974
Longfellow Elementary School PK - 05 358 17.3 62959
North Side Primary Center PK - 01 523 19.4 62948
Washington Elementary School PK - 05 604 15.3 62959

Middle Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Herrin Middle School 06 - 08 567 16.7 62948
Marion Junior High School 06 - 08 779 15 62959
Washington Elementary School 05 - 08 371 19.9 62951

High Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Crab Orchard High School 09 - 12 146 12.4 62959
Herrin High School 09 - 12 735 15.8 62948
Johnston City High School 09 - 12 326 17.3 62951
Marion High School 09 - 12 1,099 14.3 62959

Ungraded Schools near Marion, IL

School Grades Students P/T Ratio ZIP
Project Echo 06 - 12 75 14.3 62951

Demographics near Marion, IL

Metric City County
Neighborhood Type Small Town
Population 17,774 67,477
Population Density 1,079 161
Median Age 40.3 40.9
People per Household 2.3 2.4
Median Household Income 46,036 48,600
Average Income per Capita 25,851 26,023