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.
For sale
$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
- 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#: PA1266538
Originating MLS: Peoria Area Association of Realtors

Loading...
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
| Date | Event | Price |
|---|---|---|
| 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 | -- | $104,100 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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
Nearby schools
GreatSchools rating
- 8/10Washington Elementary SchoolGrades: K-5Distance: 1.5 mi
- 4/10Marion Jr High SchoolGrades: 6-8Distance: 2.6 mi
- 4/10Marion High SchoolGrades: 9-12Distance: 2.9 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Illinois
- Williamson County
- Marion
- 62959
- 1807 E Main St






