Property profile

1912 Rendleman St Marion, IL 62959

OFF-MARKET
Warehouses
8,550 SF Built 1982
Saved · see the list in your Dashboard

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

Location

1912 Rendleman St Marion, IL 62959
Marion metro
Google Maps

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

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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.
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