Property profile

1110 Ct Ave Marion, IL 62959

OFF-MARKET
Commercial real estate
1,000 SF
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,000-square-foot commercial property, located at 1110 N Court Avenue in Marion, Illinois, presents a fantastic investment opportunity. The building is ideally suited for a variety of office uses, having undergone a complete remodel in 2012. This renovation ensures modern functionality and aesthetics, making it ready for immediate occupancy. The property sits on a lot with no acreage, making it a low-maintenance option. The asking price is $160,000, representing a compelling value for a move-in ready commercial space in a desirable location. The property's central location within Marion offers easy access to local amenities, transportation routes, and a thriving business community. Its updated interior provides a professional and efficient workspace, perfect for a growing business or an established company seeking a new location. The absence of acreage simplifies upkeep and reduces operational costs. This is an excellent chance to acquire a well-maintained, remodeled commercial building in a prime location, ready for immediate use. Serious inquiries are encouraged to explore this promising investment opportunity further. The property's straightforward layout and modern design offer flexibility for various business configurations. The 2012 remodel ensures modern building systems and finishes, minimizing the need for immediate capital improvements. This turnkey solution allows businesses to focus on their core operations rather than extensive renovations. The property's location in Marion, IL, provides access to a strong local market and a supportive business environment.

Property profile

Verified
Property type Commercial real estate
Total area 1,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1110 Ct Ave 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 1110 Ct Ave?
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