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12-Acre Apartment Property with Storage
For Sale
$799,000

1807 E Main Street, Marion, IL 62959

Income-producing residential property combines apartment units, single-family homes, and commercial storage improvements.

Property SizeContact for details
Lot Size12.00 Acres
Days on Market22

Property Features for 1807 E Main Street

General Information

Standard status Active
Total Parking Spaces 40
Lot size 12.00 Acres
Property subtype Commercial

Additional Details

Highway Access Yes
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $12,268

Building Details

Year Built 1953
Listing Agency: Indigo Realty LLC
Listed By: Alysa Bunting (abunting76@hotmail.com)
Source: Curveyrealestate
Added: Aug 9 Changed: Aug 29 Last Checked: Aug 29 at 2:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Indigo Realty LLC

Investment Insights

Based on property information with market context.

This 12-acre apartment property includes 9 residential units with configurations ranging from 1 to 3 bedrooms, along with two single-family homes. Additional improvements include a laundry building with potential for another unit and several barns and workshops used for commercial storage. The property was built in 1953 and produces rental income from its residential components.

Located at 1807 E Main Street in Marion, the site is approximately 10 minutes from I-57, 20 miles from Harrisburg, and 28 miles from Carbondale. SIH, Aisin, the VA Hospital, and other regional employers are identified nearby. Public utilities are located nearby, and the property is eligible for Marion’s TIF District. The site is positioned for continued residential or commercial development.

Key Highlights

  • 12‑acre property with 9 residential units
  • Two single‑family homes included
  • Unit configurations range from 1–3 bedrooms

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Restaurant Building Supply Hair Salon Big Box & Wholesale Store Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

55
Businesses Nearby

Demographics for 62959, IL

27,629
Population
12,997
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
92%
High-School Grad
143.0 sq mi
ZIP Area
193
Density / Sq Mi
$69,914
Median Household Income
$44,145
Median Earnings
$895
Median Rent
$166,200
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing residential property combines apartment units, single-family homes, and commercial storage improvements.
Where is this apartment building located?
The property is located at 1807 E Main Street Marion, IL.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 12‑acre property with 9 residential units; Two single‑family homes included; Unit configurations range from 1–3 bedrooms
More about this property
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