1807 E Main St Marion, IL 62959
Estimated payment $5,770/month
Highlights
- 12.15 Acre Lot
- Washington Elementary School Rated A-
- Level Lot
About This Home
Investor-Ready | 12-Acre Multi-Use Property with Rental Income & Development Potential | East Marion, IL Unlock exceptional potential with this 12-acre income-producing property on the growing east side of Marion. Property includes two single-family homes, multiple multi-family units, and commercial storage buildings—plus room to expand. Currently home to 9 residential units (1–3 beds), a laundry building with future unit potential, and multiple commercial-use barns and workshops, this property is perfect for long-term investors or developers. Located just 10 minutes from I-57, 20 miles from Harrisburg, and 28 miles from Carbondale, with close proximity to SIH, Aisin, VA Hospital, and other top regional employers. Zoned and positioned for future residential or commercial development, this site is eligible for Marion’s TIF District and possibly the Enterprise Zone. The opportunity for creative financing and strong long-term ROI makes this an ideal match for investors or developers looking to take on a meaningful project in a high-growth corridor. Public utilities are nearby for growth, and engineering reports for surrounding parcels suggest smooth scalability. Whether you’re expanding a portfolio, developing multi-family housing, or creating a mixed-use community, this is your springboard in one of Southern Illinois’ strongest growth corridors. Full breakdown of rents available to qualified buyers.
Listing Agent
Indigo Realty LLC Brokerage Phone: 618-952-5200 License #471020854 Listed on: 07/23/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,269
Year Built
- Built in 1953
Lot Details
- 12.15 Acre Lot
- Lot Dimensions are 500 x 940
- Level Lot
Parking
- 40 Parking Spaces
Home Design
- 3,000 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
Schools
- Marion High School
Community Details
- Trash Expense $1,140
Listing and Financial Details
- Assessor Parcel Number 07-20-226-003
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 | $10,298 | $133,265 | $18,195 | $115,070 |
| 2024 | $10,298 | $133,265 | $18,195 | $115,070 |
| 2023 | $10,298 | $133,225 | $18,155 | $115,070 |
| 2022 | $8,334 | $118,805 | $15,985 | $102,820 |
| 2021 | $8,146 | $114,920 | $15,380 | $99,540 |
| 2020 | $8,146 | $109,220 | $14,510 | $94,710 |
| 2019 | $8,291 | $109,220 | $14,510 | $94,710 |
| 2018 | $8,291 | $109,220 | $14,510 | $94,710 |
| 2017 | $8,143 | $109,220 | $14,510 | $94,710 |
| 2015 | $7,905 | $104,100 | $13,750 | $90,350 |
| 2013 | -- | $104,100 | $13,750 | $90,350 |
| 2012 | -- | $104,100 | $13,750 | $90,350 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/23/2025 07/23/25 | For Sale | $899,000 | -- | $300 / Sq Ft |
Source: RMLS Alliance
MLS Number: EB458964
APN: 07-20-226-003
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