$195,000

1106 W Hendrickson St Marion, IL 62959

Estimated payment $1,322/month

Total Views 249
3 Beds
-- Bath
4,056 Sq Ft
$48 Price per Sq Ft

Highlights

  • Guest Parking
  • Forced Air Heating System
  • Level Lot

About This Home

Unlock the potential of this outstanding apartment investment opportunity! Once fully completed, this property will feature a total of five rental units with dedicated parking for each tenant. The building currently includes two upstairs units that were completely remodeled in 2023—a two-bedroom, one-bath unit and a one-bedroom, one-bath unit—which are both occupied and currently generating $1,650 per month in rental income. The three downstairs units have already been gutted and are ready for completion, allowing you to add a studio, one-bath unit and two additional two-bedroom, one-bath units. Once all renovations are complete, the property will consist of three two-bedroom, one-bath units, one one-bedroom, one-bath unit, and one studio, one-bath unit. With all five units leased, the property has the potential to generate over $4,000 per month in rental income. Whether you're looking to expand your investment portfolio, increase your cash flow, or begin your journey into real estate investing, this property offers the perfect combination of immediate income and significant upside. Contact us today to find out about this value-add investment opportunity located in the TIFT district or to schedule your private showing!

Listing Agent

Jaime Watkins

SHAWNEE HILLS REAL ESTATE, LLC Brokerage Phone: 618-614-2849 License #475186124 Listed on: 07/05/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,227

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 75x90x75x91
  • Level Lot

Home Design

  • 4,056 Sq Ft Home
  • Slab Foundation
  • Poured Concrete
  • Stucco

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • 6 Parking Spaces
  • Guest Parking

Schools

  • Marion Elementary And Middle School
  • Marion High School

Utilities

  • Forced Air Heating System
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 06-24-188-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,227

Year Built

Built in 1950

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Residential Income
  • Year Built: 1950
  • New Construction: No
  • Structure Type: Two or More Story
  • Attribution Contact: Mobile: 618-614-2849
  • Special Features: None

Interior Features

  • Basement: None
  • Total Bedrooms: 3

Exterior Features

  • Lot Features: Level
  • Construction Type: Stucco
  • Foundation Details: Poured Concrete, Slab
  • Roof: Other
  • 100YearPlain: Unknown

Garage/Parking

  • Parking Features: Guest
  • Total Parking Spaces: 6

Utilities

  • Heating: Electric, Forced Air, Wall Unit(s)
  • Water Source: Public Sewer, Public
  • GasExpense: 0
  • NumberOfRanges: 2
  • NumberofRefrigerators: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • AdvertisingExpense: 0

Schools

  • Elementary School: Marion
  • High School: Marion
  • Middle Or Junior School: Marion

Lot Info

  • Lot Size: 75x90x75x91
  • Parcel #: 06-24-188-007

Rental Info

  • Tenant Pays: All Utilities

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 3227.22
  • TaxExemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $3,227 $41,720 $8,340 $33,380
2024 $3,227 $41,720 $8,340 $33,380
2023 $2,852 $36,800 $7,360 $29,440
2022 $2,708 $38,740 $7,750 $30,990
2021 $4,621 $37,340 $7,470 $29,870
2020 $4,621 $61,750 $6,040 $55,710
2019 $4,687 $61,750 $6,040 $55,710
2018 $4,687 $61,750 $6,040 $55,710
2017 $4,604 $61,750 $6,040 $55,710
2015 $4,461 $58,490 $5,720 $52,770
2013 $3,789 $58,490 $5,720 $52,770
2012 $3,789 $58,490 $5,720 $52,770
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2026 07/05/26 For Sale $195,000 +387.5% $48 / Sq Ft
11/22/2022 11/22/22 Sold $40,000 -20.0% $10 / Sq Ft View Prior Sale
10/21/2022 10/21/22 Pending -- -- --
10/13/2022 10/13/22 For Sale $50,000 -- $12 / Sq Ft
Source: RMLS Alliance

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $40,000 None Listed On Document
Special Warranty Deed $27,000 Aden Jennifer R
Special Warranty Deed $27,000 --
Quit Claim Deed -- Oshel Law Pc
Deed -- Oshel Law Pc
Source: Public Records

Source: RMLS Alliance

MLS Number: PA1268117

RMLS Alliance

APN: 06-24-188-007

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