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    3309 Water Tower Rd Marion, IL 62959

    For Sale
    $475,000

    Business - Marion, IL

    Type:Business
    Property size:
    5,229 SF
    Lot size:
    2.62 Acres
    Days on Market:
    115
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 3309 Water Tower Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    06-16-228-001
    Parking features
    Open, Parking Lot
    Size
    5,229 SF
    Lot size
    2.62 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1985
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    Nester Realty Inc. (618) 567-4000 [email protected]

    Listing agent Pat Schaeffer (618) 624-0400 License #475147098

    Listing date Aug 19, 2025

    MLS# 24055212 Listing URL

    Copyright © 2025 MARIS. 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 Freestanding Building

    This freestanding building, situated on 2.62 acres, offers approximately 5,229 square feet of space and is located at the end of an industrial business road in Marion, IL. The property features a private, asphalt-paved parking lot with ample parking. The interior includes 4 offices (each 15x20), a full kitchen area (16x21), a reception area (20x30), and a meeting room (44x46). The property is located in an industrial park and area. The previous use was for a Carpenter union Hall, making it suitable for a club meeting hall or training center. This property presents an investor opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    CARPENTERS HALL Labor Union Carpenters Local 638 Labor Union

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.988107
    Latitude
    37.740287

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    FAQs

    What type of property is this?
    Church & religious facility - Freestanding building on 2.62 acres, perfect for investors.
    Where is this church & religious facility located?
    The property is located at 3309 Water Tower Rd Marion, IL.
    What is the asking price?
    The asking price for this property is $475,000.
    What are key features of this property?
    This property features: - Large 5,229 sq ft free-standing building suitable for various uses.; - Spacious 2.62-acre lot with private, paved parking.; - Includes 4 offices, full kitchen, reception area, and large meeting room.
    (618) 624-0400
    Request Owner's contact information
    3309 Water Tower Rd Marion, IL 62959
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    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
    3309 Water Tower Rd Marion, IL 62959
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