Marion IL Multi Family for Sale
$545,000
203 Wildrose Lane Marion, IL 62959
- Type:
- Cluster
- Sq.Ft.:
- 7,006
- Status:
- NEW LISTING
- Beds:
- n/a
- Year built:
- 2012
- Baths:
- MLS#:
- EB455794
- Subdivision:
- Summerwind
ADDITIONAL INFORMATION
7 units which include 2 Triplex and 1 house in a great location in East Marion that would make a great investment opportunity. Each triplex has 2bed 2bath units and the house is a 2 bed 1 bath. Call for your private showing today!
$2,900,000
703 N Market Street Unit 22 Marion, IL 62959
- Type:
- Cluster
- Sq.Ft.:
- 20,950
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2022
- Baths:
- MLS#:
- EB455605
ADDITIONAL INFORMATION
This fantastic investment opportunity features 22 fully occupied units with a low vacancy rate, located just minutes from Downtown Marion. With its prime location and strong rental demand, this property is a must-see for investors. TIF INCLUDED Please allow ample time for viewing, as all units are currently occupied! 6 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage) 6 units 1050 sq ft w/ patio Rent for 1100.00 each (2 bed 2 bath w/ 1 car garage) 5 units 950 sq ft w/ patio Rent for 1000.00 each (2 bed 1 bath w/ 1 car garage) 5 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage)
$209,900
508 E Marion Street Marion, IL 62959
- Type:
- Cluster
- Sq.Ft.:
- 2,048
- Status:
- Active
- Beds:
- n/a
- Year built:
- 2020
- Baths:
- MLS#:
- EB455555
- Subdivision:
- Mitchell
ADDITIONAL INFORMATION
Excellent Opportunity! Newer duplex on East side of Marion. Each unit boasts 2 bedrooms, 1 bath, and private fenced backyards with small decks. All electric with tankless water heaters, stainless steel appliances including dishwashers, and some smart home features. Quiet location within walking distance to Tower Square or Williamson County fairgrounds. Don't miss out on this one!
- Type:
- Cluster
- Sq.Ft.:
- 2,560
- Status:
- Active
- 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!
$389,900
10685 Jc Lane Marion, IL 62959
- 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. Some units are month to month, some still with a lease. Rents: 1 at $950; 1 at $975; 2 at $1,000. and 4 at $1025.
Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067
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Marion Real Estate
The median home value in Marion, IL is $195,000. This is higher than the county median home value of $124,100. The national median home value is $338,100. The average price of homes sold in Marion, IL is $195,000. Approximately 55.2% of Marion homes are owned, compared to 34.45% rented, while 10.35% 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 16,960. Marion is less family-centric than the surrounding county with 21.72% of the households containing married families with children. The county average for households married with children is 26.32%.
The median household income in Marion, Illinois is $46,515. The median household income for the surrounding county is $54,682 compared to the national median of $69,021. The median age of people living in Marion is 40.5 years.
Marion Weather
The average high temperature in July is 87.6 degrees, with an average low temperature in January of 22.8 degrees. The average rainfall is approximately 46.5 inches per year, with 12 inches of snow per year.