Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    1912 Rendleman St, Marion, IL 62959

    8,550 SF 0.43 ac lot Built 1982
    Property ID
    Property summary
    AI-generated overview

    This exceptional 8,550 square foot commercial property, situated on a 0.43-acre lot at 1912 W Rendleman Street in Marion, Illinois, presents a unique investment opportunity. Its strategic location just off Interstate 57 ensures high visibility and convenient access for both employees and clients. The building, constructed of steel, boasts a flexible layout currently configured as office space and an event center. The event center features impressive 12-foot ceilings, creating a spacious and adaptable environment for various functions. Other areas within the building have varying ceiling heights. The property is equipped with an efficient electric heat pump and central air conditioning system, ensuring year-round comfort. The building is well-maintained, reflecting a commitment to quality and longevity. With its substantial size and versatile design, this property is well-suited for a wide range of commercial uses, making it an attractive prospect for businesses seeking a prominent location and functional space. The 0.43-acre lot offers ample parking and potential for future expansion. Priced at $499,000, this property represents a compelling investment opportunity in a thriving Illinois market.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1982
    Total area 8,550 SF
    Lot 0.43 ac (18,731 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 1912 Rendleman St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message