1801 E Main St, Marion, IL 62959

8-Acre Multi-Family Development Opportunity | East Marion, IL Located on the thriving east side of Marion, this 8-acre shovel-ready site offers a rare opportunity for large-scale residential development. The property includes two parcels, a completed engineering survey, EPA permit, and a paid demo permit. Transferable plans for an 84-unit apartment complex are included with the sale—offering a fast track to development. Situated in both a TIF District and Enterprise Zone, this project is eligible for up to $2.3 million in reimbursement to the developer over the life of the TIF, significantly offsetting development costs. Local incentives and tax abatements add even more appeal. Just 10 minutes to I-57, and within 20–30 minutes of Harrisburg, Carbondale, and Cape Girardeau, the site is ideally positioned near major employers like SIH, Pepsi MidAmerica, and Aisin. Zoned for multi-family, this location supports apartments, build-to-rent, or senior housing. Utilities nearby. Don't miss this chance to invest in one of Southern Illinois' most promising rental markets with powerful incentives already in place.