NOT LISTED FOR SALE

1415 W Main St Marion, IL 62959

Estimated Value: $106,300

0.23 Acre
$462,174 Price per Acre
10,019 Sq Ft Lot

Last Sold October 15, 2024

Last sale price $99,900

Est. 6% increase in value since last sale

Current estimated payment $642/month

12 Days on Market

About This Lot

As of October 2024

Prime Commercial Property at West Main St & Russell St – Marion Unlock the potential of this strategically located commercial property at the high-traffic corner of West Main Street and Russell Street in Marion. Boasting exceptional visibility and accessibility, this site offers a unique opportunity for a variety of business ventures. Nestled in a growing area with an impressive traffic count, this property is surrounded by a dynamic mix of local businesses, Marion Junior High School, and the thriving Marion downtown square. The proximity to the Hub Recreation Center adds to its appeal, drawing both foot traffic and community engagement. The property benefits from available TIF incentives, providing a valuable advantage for development and investment. With endless possibilities for retail, office, or service-oriented businesses, this is a rare chance to capitalize on a prime location in a growing area. Seize this opportunity to establish your business in one of Marion’s most promising commercial spots. Contact us today to explore the potential and make this property the next cornerstone of your success.

Last Agent to Sell the Property

Justin Zurlinden

Landmark Realty Group CD Brokerage Phone: 618-203-5057 License #471021022 Listed on: 08/24/2024

Landmark Realty Group CD

Last Buyer's Agent

Justin Zurlinden

Landmark Realty Group CD Brokerage Phone: 618-203-5057 License #471021022 Listed on: 08/24/2024

Landmark Realty Group CD

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $880

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 135x75
  • Corner Lot
  • Level Lot

Schools

  • Marion Elementary And Middle School
  • Marion High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 06-13-391-005

Property Details

Property Type

Land

Est. Annual Taxes

$880

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Lots & Land
  • Attribution Contact: Pref: 618-203-5057
  • Special Features: None

Exterior Features

  • Lot Features: Corner Lot, Level
  • Road Surface Type: Curbs & Gutters, Paved
  • Exterior Features: None
  • 100YearPlain: No
  • Waterfrontage: 0

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Other
  • Water Source: Public Sewer, Public

Condo/Co-op/Association

  • MandatoryAssocMonthlyFeeYN: No
  • MandatoryAssocAnnualFeeYN: No
  • AssociationAnnualFee: 0
  • AssociationMonthlyFee: 0

Schools

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

Lot Info

  • Zoning: Commercial
  • Lot Size Acres: 0.23
  • Lot Size: 135x75
  • Number Of Lots: 1
  • Parcel #: 06-13-391-005

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 880
  • TaxExemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2024
Closed on
Oct 10, 2024
Sold by
Nti Rentals Llc
Bought by
Easy Coin Laundry Llc
Seller's Agent
Justin Zurlinden
Landmark Realty Group CD
Buyer's Agent
Justin Zurlinden
Landmark Realty Group CD
List Price
$99,900
Sold Price
$99,900
Views
20
Current Estimated Value
$106,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,400
Avg. Annual Appreciation
6.41%
Original Mortgage
$79,920
Outstanding Balance
$76,995
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$29,305
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Easy Coin Laundry Llc $100,000 None Listed On Document
Easy Coin Laundry Llc $100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Easy Coin Laundry Llc $79,920
Closed Easy Coin Laundry Llc $79,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2024 10/15/24 Sold $99,900 0.0% --
08/24/2024 08/24/24 For Sale $99,900 -41.2% --
08/08/2013 08/08/13 Sold $170,000 -43.2% -- View Prior Sale
04/24/2013 04/24/13 Pending -- -- --
11/15/2012 11/15/12 For Sale $299,500 -- --
Source: RMLS Alliance

Tax History Compared to Growth

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 $952 $13,920 $13,920 $0
2024 $952 $13,920 $13,920 $0
2023 $952 $12,280 $12,280 $0
2022 $904 $12,930 $12,930 $0
2021 $881 $12,460 $12,460 $0
2020 $881 $11,770 $11,770 $0
2019 $893 $11,770 $11,770 $0
2018 $893 $11,770 $11,770 $0
2017 $1,042 $13,970 $11,770 $2,200
2015 $3,001 $39,350 $11,150 $28,200
2013 $3,276 $50,580 $11,150 $39,430
2012 $3,276 $50,580 $11,150 $39,430
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: RMLS Alliance

MLS Number: EB454828

RMLS Alliance

APN: 06-13-391-005