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For sale
  • $339,000

    1006 E Griggs St, Marion, IL 62959

    4beds
    2baths
    4,452sqft
    : 
    Multi Family
    Built in 1988
    -- sqft lot
    $331,900 Zestimate®
    $76/sqft
    $-- HOA

    What's special

    Investor alert! Fully occupied 6-plex located at 1006 Griggs in the heart of Investor-ready and income-producing—this fully rented 6-plex at 1006 Griggs in Marion, IL brings in a gross monthly rent of $4,025, offering a strong return from day one. Built with low-maintenance in mind, this all-brick structure includes a tenant carport and minimal exterior upkeep. Operating expenses are manageable with annual insurance at $4,000 and estimated cleaning/maintenance at just $1,500—making this a solid option for both seasoned and first-time investors. Located in a highly desirable pocket of Marion, this property is just minutes from I-57, Route 13, SIH, Pepsi MidAmerica, and area shopping, dining, and medical facilities. Marion’s strong rental market is fueled by its central location, regional employers, and proximity to Southern Illinois University, making vacancy rates consistently low. Whether you're expanding your portfolio or looking for stable, passive income—this 6-unit property checks the boxes. Priced at $339,000, it won’t last long. Request the rent roll and schedule a private showing today!
    8 days
    on Zillow
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    652
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    10
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    Zillow last checked: 7 hours ago

    Listing updated: July 31, 2025 at 01:02pm

    Listed by:

    Alysa Bunting Phone:618-952-5200,

    Indigo Realty LLC

    Source: RMLS Alliance,MLS#: EB459081MLS LogoOriginating MLS: Egyptian Board of REALTORS

    Travel times

    Tour with a buyer's agent

    We'll find a local expert to take you on a private tour of 1006 E Griggs St.

    Next available tour time:Today at 5:30pm

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Central Air
    Appliances
    • Included: Electric Water Heater, Range, Refrigerator, Water Heater
    • Laundry: Units Hook-Ups
    Features
    • Basement: None
    Interior area
    • Total structure area: 4,452
    • Total interior livable area: 4,452 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Has carport: Yes
    Lot
    • Size: 0.4 Acres
    • Dimensions: 115 x 152
    • Features: Level
    Details
    • Parcel number: 0718433011
    • Zoning description: R-2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1988

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Subdivision: None
    Location
    • Region: Marion

    Financial & listing details

    • Price per square foot: $76/sqft
    • Tax assessed value: $224,370
    • Annual tax amount: $8,457
    • Date on market: 7/30/2025
    • Tenant pays: All Utilities
    • Road surface type: Paved
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