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For sale
  • $799,000

    1807 E Main St, Marion, IL 62959

    4beds
    2baths
    3,000sqft
    : 
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    Multi Family
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $266/sqft
    $-- HOA

    What's special

    Commercial storage buildingsMultiple multi-family unitsLaundry buildingTwo single-family homes
    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.
    52 days
    |
    348
    |
    8
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alysa Bunting 618-534-0303,

    Indigo Realty LLC

    Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1266538MLS LogoOriginating MLS: Peoria Area Association of Realtors

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Has Heating (Unspecified Type)
      Cooling
      • Central Air
      Appliances
      • Included: Range, Refrigerator, Water Heater
      • Laundry: Common Area
      Features
      • Basement: None
      Interior area
      • Total structure area: 3,000
      • Total interior livable area: 3,000 sqft

      Property

      Parking
      • Total spaces: 40
      Lot
      • Size: 12.15 Acres
      • Dimensions: 500 x 940
      • Features: Level
      Details
      • Additional parcels included: 0720200014
      • Parcel number: 0720226003
      • Zoning description: Commercial

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Roof: Other
      Condition
      • New construction: No
      • Year built: 1953

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: None
      Location
      • Region: Marion

      Financial & listing details

      • Price per square foot: $266/sqft
      • Tax assessed value: $399,795
      • Annual tax amount: $12,268
      • Date on market: 5/15/2026
      • Lease term: Variable
      • Tenant pays: Other
      • Road surface type: Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,236/mo

        Price history

        DateEventPrice
        5/15/2026Listed for sale$799,000-11.1%$266/sqft
        Source: RMLS Alliance as distributed by MLS GRID #PA1266538 Report a problem
        1/6/2026Listing removed$899,000$300/sqft
        Source: RMLS Alliance as distributed by MLS GRID #EB458964 Report a problem
        7/23/2025Listed for sale$899,000+207%$300/sqft
        Source: RMLS Alliance as distributed by MLS GRID #EB458964 Report a problem
        5/27/2009Sold$292,855$98/sqft
        Source: Agent Provided Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$10,232 -0.6%$133,265 +0%
        2023$10,298 +17%$133,225 +12.1%
        2022$8,798 +5.6%$118,805 +3.4%
        2021$8,334 +2.3%$114,920 +5.2%
        2020$8,146 +4.6%$109,220
        2019$7,785 -6.1%$109,220
        2018$8,291 +1.8%$109,220
        2017$8,143 $109,220 +4.9%
        2015$8,143 +3%$104,100
        2013$7,905 $104,100
        2012-- $104,100

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 62959

        Getting around

        1 / 100
        Car-Dependent
        27 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • High: Marion

        Source: RMLS Alliance as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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