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)
Sold for $2,550,000
$2,550,000
703 N Market St #22, Marion, IL 62959
8beds
5baths
20,950sqft
Multi Family
Built in 2022
-- sqft lot
$2,790,500 Zestimate®
$122/sqft
$1,433 Estimated rent
Home value
$2,790,500
$2.01M - $3.88M
$1,433/mo
Zestimate® history
Owner options
List your home for rent
$1,433/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$1,433/mo
Rent Zestimate®
Refinance and save
$15,094/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$15,094/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:
Shelly K Cain Phone:618-997-1868,
COLDWELL BANKER J D THOMPSON
Bought with:
Jason D Powell, 475210646
HEARTLAND REALTY & RENTALS, IN
Source: RMLS Alliance as distributed by MLS GRID,MLS#: EB455605
Originating MLS: Egyptian Board of REALTORS
Originating MLS: Egyptian Board of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Heat Pump
Cooling
- Central Air, Heat Pump
Appliances
- Included: Dishwasher, Range, Refrigerator, Water Heater
- Laundry: Private, Units Hook-Ups
Features
- High Speed Internet
- Basement: None
Interior area
- Total structure area: 20,950
- Total interior livable area: 20,950 sqft
Property
Parking
- Total spaces: 44
- Parking features: Attached, Detached
- Has attached garage: Yes
Lot
- Size: 1.7 Acres
- Dimensions: 200 x 370 x 200 x 370
- Features: Corner Lot
Details
- Additional parcels included: 0718310010, 0718309013, 0718310009
- Parcel number: 0718309012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2022
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Price per square foot: $122/sqft
- Annual tax amount: $56,105
- Date on market: 10/23/2024
- Cumulative days on market: 28 days
- Tenant pays: Electricity, Water
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 2/7/2025 | Sold | $2,550,000-12.1%$122/sqft |
Source:  RMLS Alliance as distributed by MLS GRID #EB455605 Report a problem | ||
| 11/21/2024 | Contingent | $2,900,000$138/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB455605 Report a problem | ||
| 10/23/2024 | Listed for sale | $2,900,000$138/sqft |
Source: RMLS Alliance as distributed by MLS GRID #EB455605 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 62959
Nearby homes
- $28,800-- bd-- ba1k sqft707 N Market St, Marion, IL 62959Off Market
- $14,190-- bd-- ba1.7k sqft709 N Market St, Marion, IL 62959Off Market
- $--2 bd2 ba1k sqft705 N Market St #A, Marion, IL 62959Off Market
- $--2 bd2 ba1k sqft705 N Market St #C, Marion, IL 62959Off Market
- $--2 bd2 ba1k sqft705 N Market St APT B, Marion, IL 62959Off Market
- $--2 bd1 ba1k sqft703 N Market St #D, Marion, IL 62959Off Market
- $--2 bd1 ba1k sqft703 N Market St APT E, Marion, IL 62959Off Market
- $278,700-- bd-- ba1k sqft703 N Market St, Marion, IL 62959Off Market
Nearby schools
GreatSchools rating
- 6/10Jefferson Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 4/10Marion Jr High SchoolGrades: 6-8Distance: 1 mi
- 4/10Marion High SchoolGrades: 9-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Marion
- Middle: Marion
- 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.
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$2,790,500
2% more
+$55,810
With Zillow Showcase(estimated)
$2,846,310
- Illinois
- Williamson County
- Marion
- 62959
- 703 N Market St Unit 22
Nearby cities
Nearby neighborhoods
Nearby zip codes
Other Marion Topics
