Expand your investment portfolio now with this 3 unit property located in the heart of Marion. Walk to the park just north or take a short ride to downtown. Property includes a large 3 bed/2 bath unit, a 2 bed/1 bath unit and a 1 bed/1 bath unit. New electric meters for all units. Unit C has been recently renovated including a new roof, wall AC unit and paint. Unit C has a large attached storage area. All units rented.
Closed
$140,000
501 N Russell St, Marion, IL 62959
--beds
--baths
2,592sqft
Multi Family
Built in 1900
-- sqft lot
$170,000 Zestimate®
$54/sqft
$857 Estimated rent
Home value
$170,000
$155,000 - $189,000
$857/mo
Zestimate® history
Owner options
List your home for rent
$857/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$857/mo
Rent Zestimate®
Refinance and save
$1,045/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,045/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Denise Graff 618-694-2137,
House 2 Home Realty Marion
Bought with:
Christy Traylor
Indigo Realty LLC
Source: MRED as distributed by MLS GRID,MLS#: QC4250750
Facts & features
Interior
Heating
- Baseboard, Natural Gas
Cooling
- Central Air
Appliances
- Laundry: None
Features
- Basement: Crawl Space,Unfinished,None,Partial
Interior area
- Total interior livable area: 2,592 sqft
Property
Parking
- Parking features: Parking Lot
Lot
- Size: 0.68 Acres
- Dimensions: 150x200
- Features: Corner Lot, Level
Details
- Parcel number: 0613329017
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Price per square foot: $54/sqft
- Tax assessed value: $177,810
- Annual tax amount: $2,495
- Date on market: 2/2/2026
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $140,000-10.8%$54/sqft |
Source:  MRED as distributed by MLS GRID #QC4250750 Report a problem | ||
| 5/22/2024 | Contingent | $157,000$61/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #QC4250750 Report a problem | ||
| 5/14/2024 | Listed for sale | $157,000$61/sqft |
Source: RMLS Alliance as distributed by MLS GRID #QC4250750 Report a problem | ||
| 3/29/2024 | Contingent | $157,000$61/sqft |
Source: RMLS Alliance as distributed by MLS GRID #QC4250750 Report a problem | ||
| 3/8/2024 | Price change | $157,000+57.2%$61/sqft |
Source: RMLS Alliance as distributed by MLS GRID #QC4250750 Report a problem | ||
| 12/4/2021 | Pending sale | $99,900$39/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB441774 Report a problem | ||
| 11/23/2021 | Listed for sale | $99,900$39/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB441774 Report a problem | ||
| 11/6/2021 | Pending sale | $99,900$39/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB441774 Report a problem | ||
| 10/19/2021 | Listed for sale | $99,900+66.5%$39/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB441774 Report a problem | ||
| 12/23/2011 | Sold | $60,000$23/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,585 +84.9% | $59,270 +85.3% |
| 2023 | $2,479 -0.6% | $31,990 -5% |
| 2022 | $2,494 +5.9% | $33,680 +3.7% |
| 2021 | $2,355 +2.6% | $32,470 +5.8% |
| 2020 | $2,296 +5% | $30,680 |
| 2019 | $2,187 -6.1% | $30,680 |
| 2018 | $2,329 +1.8% | $30,680 |
| 2017 | $2,287 | $30,680 +5.6% |
| 2015 | $2,287 +3.2% | $29,060 |
| 2013 | $2,216 -14% | $29,060 -26.9% |
| 2012 | $2,576 | $39,770 |
Find assessor info on the county website
Neighborhood: 62959
Nearby homes
- $--3 bd2 ba1.5k sqft501 N Russell St #A, Marion, IL 62959Off Market
- $133,200-- bd-- ba1.2k sqft1304 W White St, Marion, IL 62959Off Market
- $17,880-- bd-- ba1 sqft1304 W White St, Marion, IL 62959Off Market
- $125,300-- bd-- ba1.1k sqft503 N Russell St, Marion, IL 62959Off Market
- $160,9003 bd2 ba1k sqft1409 W Goodall St, Marion, IL 62959Off Market
- $230,0002 bd1 ba-- sqft1307 W White St, Marion, IL 62959Sold
- $--2 bd1 ba-- sqft1307 W White St APT B, Marion, IL 62959Off Market
- $--2 bd1 ba-- sqft1307 W White St APT D, Marion, IL 62959Off Market
Nearby schools
GreatSchools rating
- 6/10Lincoln Elementary SchoolGrades: K-5Distance: 1.4 mi
- 4/10Marion Jr High SchoolGrades: 6-8Distance: 0.4 mi
- 4/10Marion High SchoolGrades: 9-12Distance: 1.3 mi
Schools provided by the listing agent
- High: Marion
Source: MRED 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.
Get pre-qualified for a loan
At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.An equal housing lender. NMLS #10287.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$170,000
2% more
+$3,400
With Zillow Showcase(estimated)
$173,400
- Illinois
- Williamson County
- Marion
- 62959
- 501 N Russell St
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Marion Topics
