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    FOR SALE
    Commercial real estate

    1202 S Court St, Marion, IL 62959

    3.75 ac lot
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-4532466
    Property summary
    AI-generated overview

    This exceptional 8,824 square foot commercial building sits on a substantial 3.75-acre lot in the heart of downtown Marion, Illinois. Boasting significant road frontage, this property presents a rare opportunity for a variety of businesses. The building itself features four distinct work areas or bays, each generously sized and equipped with oversized garage doors capable of accommodating large vehicles. In addition to the spacious work areas, the property includes ample office space within the main structure. Heating is provided by a combination of gas radiant heat and an oil-burning heater, ensuring year-round comfort. Security is enhanced by a gated entry to the rear of the property, providing access to the back entrances of the building. Parking is plentiful, with an existing asphalt parking lot supplemented by additional gravel parking areas. The current owner is actively clearing the rear portion of the 3.75-acre lot, opening up possibilities for future expansion or utilization of the land. This prime location and versatile space make it ideal for a distribution center, warehouse, trucking or towing business, a large-scale shop, or even a unique event center. The property's size and features offer significant potential for a wide range of commercial ventures. The combination of ample space, convenient location, and versatile layout makes this a truly exceptional opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 3.75 ac (163,350 SF)
    APN 06-24-408-037
    UPID US28-4532466
    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
    Current use
    Occupant on record · Public records
    • Accelerated Excavation General Contractor Construction Company
    • 24/7 Accelerated Mobile Truck & Tire Service Auto Repair Shop
    • Short brothers express General Contractor Construction Company
    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
    HSBS HOLDINGS, LLC
    HSBS HOLDINGS, LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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