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    1205 N Otis St, Unit A-C Marion, IL 62959

    Sponsored
    For Sale
    $350,000

    MULTI_FAMILY - Marion, IL

    Days on Market:
    36
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 1205 N Otis St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    07-18-206-008
    Parking
    6
    Parking features
    Open

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2020
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Paul Wilson Realty LLC (618) 997-1371 [email protected]

    Listing agent Stephanie Castellano

    Listing date Dec 2, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Marion IL Triplex Investment Opportunity

    This triplex property, located in Marion, Illinois, presents an investment opportunity. Each of the three units offers approximately 950 square feet of living space. The units feature an open concept floor plan, stainless steel appliances, washer and dryer hook-ups, and LVP flooring throughout. The property is situated across from Ray Fosse Park. All units are currently rented.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.91805
    Latitude
    37.741484

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    FAQs

    What type of property is this?
    Triplex - Triplex with stainless steel appliances and washer/dryer hookups.
    Where is this triplex located?
    The property is located at 1205 N Otis St, Unit A-C Marion, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Tri-plex: Excellent investor opportunity with three rental units.; - All Units Currently Rented: Immediate income generation.; - Great Location: Across from Ray Fosse Park.
    (618) 694-3767
    Request Owner's contact information
    1205 N Otis St, Unit A-C Marion, IL 62959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1205 N Otis St, Unit A-C Marion, IL 62959
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