$140,000
SOLD SEP 8, 2025

200 E Main St Marion, IL 62959

0 Acre
-- Price per Acre
0 Sq Ft Lot

Recently Sold

30% Below List Price

174 Days on Market

About This Lot

As of September 2025

Discover your next breakthrough with this prime commercial lot for sale in the heart of Marion, IL, near the revitalized Tower Square. This blank canvas property offers endless potential for visionary entrepreneurs and creative innovators alike-perfect for shaping both your dream and business future. Nestled in a rapidly evolving downtown, the area is experiencing dynamic growth and urban renewal, attracting new investments that are transforming the local landscape. Highlights in the area include the Marion Civic Center-a hub for community events, art exhibits, and live performances that drive significant foot traffic to Tower Square. Complementing the civic center is an array of boutique dining and retail establishments that create a vibrant atmosphere, making this area a magnet for residents and visitors alike. Strategically located in a high-visibility zone with convenient access to shopping, dining, and essential amenities, this lot is ideally suited for retail, office, or mixed-use development. Whether you're a dreamer ready to bring innovative ideas to life or a business-minded investor seeking long-term value, this versatile parcel is your gateway to success in Marion's commercial renaissance. Don't miss this exceptional opportunity to leave your mark on a city in transformation. Contact us today to learn more and schedule your private showing!

Last Agent to Sell the Property

Alysa Bunting

Indigo Realty LLC License #471020854 Listed on: 02/05/2025

Last Buyer's Agent

Alysa Bunting

Indigo Realty LLC License #471020854 Listed on: 02/05/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,731

Lot Details

  • Lot Dimensions are 170 x 100
  • Property is zoned c-1

Utilities

  • No Utilities

Property Details

Property Type

Land

Est. Annual Taxes

$4,731

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Current Use: Commercial
  • Legal Description: MARION, SECOND SURVEY LOT 1 +2 + S 1/2 OF VAC ALLEY
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: City Street, Paved

Utilities

  • Utilities: None, Water Available

Lot Info

  • Lot Dimensions: 170 x 100
  • Zoning: c-1

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 4730.82
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2025
Closed on
Sep 8, 2025
Sold by
Jmb Development Llc
Bought by
Jm Vision Llc
Seller's Agent
Alysa Bunting
Indigo Realty LLC
Buyer's Agent
Alysa Bunting
Indigo Realty LLC
List Price
$200,000
Sold Price
$140,000
Premium/Discount to List
-$60,000
-30%
Current Estimated Value
$192,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,833
Avg. Annual Appreciation
201.64%

Purchase Details

Closed on
Jul 6, 2021
Sold by
Melvin Ii Paul D
Bought by
Jmb Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 1, 2020
Sold by
Beil Barron B
Bought by
Melvin Paul D
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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 Type Sale Price Title Company
Warranty Deed $140,000 None Listed On Document
Warranty Deed $140,000 None Listed On Document
Warranty Deed $150,000 Law Offices Of Brandon C Maybe
Warranty Deed $70,000 Patchett Hampson And Garrison
Quit Claim Deed -- Patchett Hampson And Garrison
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2025 09/08/25 Sold $140,000 -30.0% --
07/29/2025 07/29/25 Pending -- -- --
02/05/2025 02/05/25 For Sale $200,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $3,286 $42,390 $16,980 $25,410
2024 $3,286 $42,390 $16,980 $25,410
2023 $3,286 $42,390 $16,980 $25,410
2022 $2,611 $37,350 $14,960 $22,390
2021 $2,545 $36,000 $14,420 $21,580
2020 $2,545 $34,010 $13,620 $20,390
2019 $2,582 $34,010 $13,620 $20,390
2018 $2,582 $34,010 $13,620 $20,390
2017 $2,536 $34,010 $13,620 $20,390
2015 $2,456 $32,210 $12,900 $19,310
2013 $2,086 $32,210 $12,900 $19,310
2012 $2,086 $32,210 $12,900 $19,310
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB456676

Midwest Real Estate Data (MRED)

APN: 07-18-368-006