1901 PRINCETON Avenue Marion, IL 62959
Fully equipped 10,000 SF auto body shop on fenced lot.
- Added:
- May 15, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 29 at 1:12 am
Property Features for 1901 PRINCETON Avenue
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Land
Listing office House 2 Home Realty
Listing date May 15, 2026
Source Crexi
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 House 2 Home Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Fully equipped 10,000 sq ft auto body shop ready for immediate operation
- Price includes land, building, equipment, and customer list
- Features 2 paint booths and multiple overhead lifts
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $7.90 |
| − Vacancy | −$6.8k | −$0.68 |
| EGI | $72.2k | $7.22 |
| − OpEx | −$21.7k | −$2.17 |
| NOI | $50.5k | $5.05 |
Alternative Uses
Property Analytics
Current Use by Public Records
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