1912 Rendleman St, Marion, IL 62959
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.