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    OFF-MARKET
    Warehouses

    1912 Rendleman St, Marion, IL 62959

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

    This 8,550 square foot industrial building, situated on a spacious 18,900 square foot lot in Marion, Illinois, presents a compelling investment opportunity. Built in 1982, the single-building property is conveniently located off I-57, offering excellent accessibility. Currently configured as office space and an event center, the adaptable steel structure lends itself to a variety of uses. The event center boasts 12-foot ceilings, while ceiling heights vary elsewhere in the building. The property features electric heat pumps and central air conditioning, ensuring year-round comfort. The well-maintained building is offered for sale by owner at $499,000. The property's APN is 06-14-277-004. This multi-tenant property is classified as Distribution, Manufacturing, and Warehouse, making it suitable for a range of businesses. Its location in Williamson County, Illinois, with a zip code of 62959, provides access to a robust transportation network and a growing market. The property's versatility and prime location make it an attractive investment for owner-users seeking a functional and adaptable space.

    Property profile
    Verified
    Property type Warehouses
    Year built 1982
    Total area 8,550 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
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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