Seller's Agent in 2025
Alysa Bunting
Indigo Realty LLC
(618) 952-5200
34 in this area
126 Total Sales
1006 E Griggs St Marion, IL 62959
--
Bed
--
Bath
4,452
Sq Ft
1988
Built
About This Home
As of November 2025Investor 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!
Last Agent to Sell the Property
Indigo Realty LLC 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
Home Design
- 4,452 Sq Ft Home
- Brick Exterior Construction
Utilities
- Central Air
- Heating Available
- Separate Meters
Listing and Financial Details
- Tenant pays for all utilities
Community Details
Overview
- 6 Units
Building Details
- Maintenance Expense $1,527
- Trash Expense $451
- Operating Expense $5,967
- Gross Income $41,472
- Net Operating Income $27,047
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 11/21/2025 11/21/25 | Sold | $285,000 | -15.9% | $64 / Sq Ft | |
| 10/10/2025 10/10/25 | Pending | -- | -- | -- | |
| 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 | View Prior Sale |
| 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: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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
Agents Affiliated with this Home
-
Alysa Bunting
-
Linda Ruehmkorff
Seller's Agent in 2023
Linda Ruehmkorff
COLDWELL BANKER J D THOMPSON
(618) 922-4748
76 in this area
129 Total Sales
-
Kaitlynn Morgan
Buyer's Agent in 2023
Kaitlynn Morgan
House 2 Home Realty Marion
(618) 969-0100
130 in this area
332 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: EB459081
APN: 07-18-433-012
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