$339,000

1006 E Griggs St Marion, IL 62959

Estimated payment $2,512/month

Total Views 8,971
4 Beds
-- Bath
4,452 Sq Ft
$76 Price per Sq Ft

About This Home

Investor alert! Fully occupied 6-plex located at 1006 Griggs in the heart of Investor-ready and income-producing—this fully rented 6-plex at 1006 Griggs in Marion, IL brings in a gross monthly rent of $4,025, offering a strong return from day one. Built with low-maintenance in mind, this all-brick structure includes a tenant carport and minimal exterior upkeep. Operating expenses are manageable with annual insurance at $4,000 and estimated cleaning/maintenance at just $1,500—making this a solid option for both seasoned and first-time investors. Located in a highly desirable pocket of Marion, this property is just minutes from I-57, Route 13, SIH, Pepsi MidAmerica, and area shopping, dining, and medical facilities. Marion’s strong rental market is fueled by its central location, regional employers, and proximity to Southern Illinois University, making vacancy rates consistently low. Whether you're expanding your portfolio or looking for stable, passive income—this 6-unit property checks the boxes. Priced at $339,000, it won’t last long. Request the rent roll and schedule a private showing today!

Listing Agent

Alysa Bunting

Indigo Realty LLC Brokerage Phone: 618-952-5200 License #471020854 Listed on: 07/30/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,458

Year Built

  • Built in 1988

Lot Details

  • Lot Dimensions are 115 x 152
  • Level Lot

Home Design

  • 4,452 Sq Ft Home
  • Slab Foundation
  • Shingle Roof

Bedrooms and Bathrooms

  • 4 Bedrooms

Parking

  • 6 Parking Spaces
  • Carport

Schools

  • Marion High School

Utilities

  • Central Air
  • Electric Water Heater

Community Details

  • Trash Expense $451

Listing and Financial Details

  • Assessor Parcel Number 07-18-433-011

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,458

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1988
  • New Construction: No
  • Structure Type: Other
  • PricePerSqFt: 76.15
  • Attribution Contact: Phone: 618-952-5200
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 4

Exterior Features

  • Lot Features: Level
  • Road Surface Type: Paved
  • Construction Type: Brick
  • Foundation Details: Slab
  • Roof: Shingle
  • 100YearPlain: No

Garage/Parking

  • Parking Features: Carport
  • Total Parking Spaces: 6

Utilities

  • Cooling: Central Air
  • Heating: Electric, Electric Water Heater
  • Laundry Features: Units Hook-Ups
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfWaterHeaters: 6
  • NumberOfHeatingUnits: 6
  • NumberOfCentralAirUnits: 6
  • NumberOfGasMeters: 0
  • NumberOfElectricMeters: 6
  • NumberofWaterMeters: 6
  • NumberOfRanges: 6
  • NumberofRefrigerators: 6

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 451
  • AdvertisingExpense: 0

Schools

  • High School: Marion

Lot Info

  • Zoning: R-2
  • Lot Size: 115 x 152
  • Parcel #: 07-18-433-011

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8457.66
  • TaxExemptions: None

Multi Family

  • Number Of Units Total: 6
  • Annual Gross Income: 41472
  • Annual Operating Expense: 5967

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,797 $74,790 $14,680 $60,110
2024 $5,797 $74,790 $14,680 $60,110
2023 $5,797 $74,790 $14,680 $60,110
2022 $4,606 $65,890 $12,930 $52,960
2021 $4,490 $63,510 $12,460 $51,050
2020 $4,490 $60,000 $11,770 $48,230
2019 $4,554 $60,000 $11,770 $48,230
2018 $4,554 $60,000 $11,770 $48,230
2017 $4,473 $88,550 $11,770 $76,780
2015 $6,397 $83,880 $11,150 $72,730
2013 $5,497 $83,880 $11,150 $72,730
2012 $5,497 $84,860 $12,130 $72,730
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/30/2025 07/30/25 For Sale $339,000 +63.8% $76 / Sq Ft
11/30/2023 11/30/23 Sold $207,000 -17.2% $46 / Sq Ft
09/22/2023 09/22/23 Price Changed $250,000 -16.4% $56 / Sq Ft
07/12/2023 07/12/23 For Sale $299,000 -- $67 / Sq Ft
Source: RMLS Alliance

Mortgage History

Date Status Loan Amount Loan Type
Closed $147,500 Credit Line Revolving
Closed $635,000 New Conventional
Source: Public Records

Source: RMLS Alliance

MLS Number: EB459081

RMLS Alliance

APN: 07-18-433-012