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    1504 Dufour St Marion, IL 62959

    Sponsored
    For Sale
    $395,000

    Acre+ lot, shop, home - $395k

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional commercial property in Marion, Illinois, presents a unique investment opportunity. Located at 1504 W Dufour Street, this nearly one-acre lot (42,300 sq ft) boasts high visibility, situated just one block north of Route 13 on the busy Dufour Street. The property includes a substantial 1500 square foot workshop, ideal for various commercial uses, and a 1200 square foot home, offering potential for office space, rental income, or on-site management. The APN is 06-13-109-003,004,005. This prime location in Williamson County, IL (zip code 62959) offers excellent access to transportation and a strong local market. The property is being offered for sale by owner at $395,000. This is a rare chance to acquire a versatile commercial property with existing structures, ready for immediate use or redevelopment. The property's size and location make it suitable for a wide range of commercial ventures. Don't miss this opportunity to establish your business in a thriving area. Coordinates: Latitude 37.7412635, Longitude -88.9425894.

    Property Features for 1504 Dufour St

    General Information

    Property type
    Land

    HighLights

    • $395,000 asking price.
    • 42,300 square foot commercial land parcel.
    • Located at 1504 W Dufour Street, Marion, IL 62959 (APN: 06‑13‑109‑003,004,005).
    • For sale by owner.
    • Includes a 1,500 sq ft workshop and a 1,200 sq ft home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -88.9425894
    Latitude
    37.7412635

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    FAQs

    What type of property is this?
    Land - Acre+ lot, shop, home - $395k
    Where is this land located?
    The property is located at 1504 Dufour St Marion, IL.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: $395,000 asking price.; 42,300 square foot commercial land parcel.; Located at 1504 W Dufour Street, Marion, IL 62959 (APN: 06-13-109-003,004,005).
    Request Owner's contact information
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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
    1504 Dufour St Marion, IL 62959
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