1006 E Griggs St Marion, IL 62959
Estimated payment $2,512/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $147,500 | Credit Line Revolving | |
Closed | $635,000 | New Conventional |
Source: RMLS Alliance
MLS Number: EB459081

APN: 07-18-433-012
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