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.
Pending
$799,000
1807 E Main St, Marion, IL 62959
4beds
2baths
3,000sqft
Multi Family
Built in 1953
-- sqft lot
$-- Zestimate®
$266/sqft
$-- HOA
What's special
Commercial storage buildingsMultiple multi-family unitsLaundry buildingTwo single-family homes
- 125 days
- 123
- 2
Zillow last checked:
Listing updated:
Listed by:
Alysa Bunting 618-534-0303,
Indigo Realty LLC
Source: RMLS Alliance as distributed by MLS GRID,MLS#: PA1266538
Originating MLS: Peoria Area Association of Realtors

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
- Cumulative days on market: 124 days
- Lease term: Variable
- Tenant pays: Other
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
$1,442/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Pending sale | $799,000$266/sqft |
Source: | ||
| 5/15/2026 | Listed for sale | $799,000-11.1%$266/sqft |
Source: | ||
| 1/6/2026 | Listing removed | $899,000$300/sqft |
Source: | ||
| 7/23/2025 | Listed for sale | $899,000+207%$300/sqft |
Source: | ||
| 5/27/2009 | Sold | $292,855$98/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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
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Neighborhood: 62959
Nearby schools
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.





