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    1110 Ct Ave Marion, IL 62959

    For Sale
    $160,000

    Prime Commercial Land, Remodeled Office Space

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional commercial property located at 1110 N Court Avenue in Marion, Illinois, presents a unique investment opportunity. Priced at $160,000, the property encompasses a parcel of land improved with an office building. The building itself underwent a complete remodel in 2012, ensuring modern and functional office space. The property's address is 1110 N Court Avenue, Marion, IL 62959, situated in Williamson County. Its precise geographic coordinates are latitude 37.740322 and longitude -88.9329495. The property is classified as commercial land with office space, making it suitable for a variety of business uses. Given its recent renovation, the building is ready for immediate occupancy, minimizing upfront capital expenditures. The property's location in Marion, Illinois offers access to local amenities and a supportive business environment. This is an excellent chance to acquire a well-maintained commercial property in a desirable location at a competitive price. The property's versatility and recent improvements make it an attractive investment for both established businesses and entrepreneurs seeking a ready-to-use office space. Serious inquiries are encouraged to explore this promising opportunity further. The asking price reflects the property's value and potential for future growth.

    Property Features for 1110 Ct Ave

    General Information

    Property type
    Office Properties & Spaces

    HighLights

    • $160,000 asking price.
    • Land and office property in Marion, IL.
    • Located at 1110 N Court Avenue, Marion, IL 62959.
    • Remodeled in 2012 for office use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Marion
    County
    Williamson
    State
    Illinois
    Longitude
    -88.9329495
    Latitude
    37.740322

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Commercial Land, Remodeled Office Space
    Where is this office property / space located?
    The property is located at 1110 Ct Ave Marion, IL.
    What is the asking price?
    The asking price for this property is $160,000.
    What are key features of this property?
    This property features: $160,000 asking price.; Land and office property in Marion, IL.; Located at 1110 N Court Avenue, Marion, IL 62959.
    Request Owner's contact information
    1110 Ct 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
    1110 Ct Ave Marion, IL 62959
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