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Property profile & analytics

1506 Main St Marion, IL 62959

  • Commercial real estate
Value Estimation
Location Intelligence
Property ID
US28-4194799
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • U-Haul Neighborhood Dealer / Truck Rental Agency / Trailer Rental Service
  • Don's Heavy Duty Truck Repair Llc / Diesel Engine Repair Service / Tire Shop

Property Details for 1506 Main St

Property type
Commercial real estate
APN
06-13-359-007
APU
613359007

Description

This exceptional 1,352 square foot commercial property is ideally situated on West Main Street in the heart of Marion, Illinois. Boasting a highly desirable location within a newly established Tax Increment Financing (TIF) District, this property offers a significant financial advantage with 23 years remaining in the TIF program. The building enjoys exceptional visibility and high traffic counts, exceeding 9,000 vehicles daily according to the Illinois Department of Transportation (IDOT) website. This translates to significant exposure for any business operating from this address. The 0.15-acre lot provides ample space for potential expansion or outdoor activities, depending on the intended use. The property's prime location in a revitalizing downtown area presents a unique opportunity for entrepreneurs and investors alike. This is a chance to establish a presence in a thriving community with a long-term financial incentive. The building's size and location make it suitable for a variety of commercial uses, from retail to office space, and presents a strong return on investment potential. Serious inquiries are encouraged to explore this exciting opportunity to become part of Marion's dynamic downtown resurgence. The property is offered at $92,500.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Marion
County
Williamson
State
Illinois
Longitude
-88.9426
Latitude
37.731
CBSA code
16060
CBSA name
CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$2,570
$12,900
$21,810
$34,710
-
$38,700
$65,430
$104,130
More about this property
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