1607 Russell St Marion, IL 62959
- Commercial real estate
- 2.50 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1607 Russell St
- Lot size
- 2.50 lot acres
- Property type
- Commercial real estate
- APN
- 06-12-378-005
Description
This exceptional 2.5-acre commercial land parcel, located at 1607 N RUSSELL Street in Marion, Illinois (zip code 62959), presents a compelling investment opportunity. The property, identified by APN 06-12-378-005, is offered for sale by the owner at $445,000. Its zoning permits residential development, making it suitable for a variety of uses, including the construction of an apartment complex, as suggested by its potential for high-density housing. The land boasts significant road frontage and level terrain, simplifying construction and enhancing accessibility. Its proximity to interstate access further enhances its appeal and potential for attracting tenants or customers. The property's location in Marion, Williamson County, Illinois, offers a strategic advantage for businesses seeking visibility and convenient access to transportation networks. This is a rare opportunity to acquire a sizable, well-situated commercial lot with significant development potential in a growing area. The property is individually owned and is being sold directly by the owner. Serious inquiries are encouraged to explore the possibilities this prime location offers. Buyers are responsible for conducting their own due diligence regarding zoning regulations and development permits.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Williamson
- State
- Illinois
- Longitude
- -88.9416297
- Latitude
- 37.7457137
