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    1901 Princeton Ave Marion, IL 62959

    For Sale
    $1,200,000

    Established Business, Real Estate Included

    Property size:
    10,004 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    This exceptional turnkey opportunity encompasses a thriving auto body repair business, its substantial real estate, and all associated assets. Located at 1901 Princeton Avenue in Marion, Illinois, this property presents a rare chance to acquire a well-established and profitable enterprise. The expansive 10,000+ square foot building is purpose-built for auto body repair, featuring multiple overhead doors, two paint booths, and an auto lift – all the essential equipment for efficient and effective operations is included in the sale. The building sits on a sizable 0.53-acre lot, providing ample space for operations and secure fenced storage for over 30 vehicles. The business itself boasts a proven track record of success, making this a truly attractive investment. The current owners are retiring, presenting a unique opportunity for a new owner to step into a ready-made, successful business. The asking price for this complete package, including the building, land, equipment, and inventory, is $1,200,000. This is a rare chance to acquire a profitable, established business with significant assets, ready for immediate operation. The property's location in Marion, Illinois, offers excellent accessibility and visibility. Serious inquiries are encouraged to explore this exceptional business acquisition opportunity.

    Property Features for 1901 Princeton Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    10,004 SF
    Lot Size
    23,087 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Zeigler's Auto Body Auto Body Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage 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
    -88.94973
    Latitude
    37.74239

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    FAQs

    What type of property is this?
    Commercial real estate - Established Business, Real Estate Included
    Where is this commercial real estate located?
    The property is located at 1901 Princeton Ave Marion, IL.
    What is the asking price?
    The asking price for this property is $1,200,000.
    Request Owner's contact information
    1901 Princeton Ave 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
    1901 Princeton Ave Marion, IL 62959
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