Investor-Ready | 12-Acre Multi-Use Property with Rental Income & Development Potential | East Marion, IL Unlock exceptional potential with this 12-acre income-producing property on the growing east side of Marion. Property includes two single-family homes, multiple multi-family units, and commercial storage buildings—plus room to expand. Currently home to 9 residential units (1–3 beds), a laundry building with future unit potential, and multiple commercial-use barns and workshops, this property is perfect for long-term investors or developers. Located just 10 minutes from I-57, 20 miles from Harrisburg, and 28 miles from Carbondale, with close proximity to SIH, Aisin, VA Hospital, and other top regional employers. Zoned and positioned for future residential or commercial development, this site is eligible for Marion’s TIF District and possibly the Enterprise Zone. The opportunity for creative financing and strong long-term ROI makes this an ideal match for investors or developers looking to take on a meaningful project in a high-growth corridor. Public utilities are nearby for growth, and engineering reports for surrounding parcels suggest smooth scalability. Whether you’re expanding a portfolio, developing multi-family housing, or creating a mixed-use community, this is your springboard in one of Southern Illinois’ strongest growth corridors. Full breakdown of rents available to qualified buyers.
For sale
$899,000
1807 E Main St, Marion, IL 62959
4beds
2baths
3,000sqft
Est.:
Multi Family
Built in 1953
-- sqft lot
$851,900 Zestimate®
$300/sqft
$-- HOA
What's special
- 17 days
- on Zillow |
- 560 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 01:01pm
Listed by:
Alysa Bunting Phone:618-952-5200,
Indigo Realty LLC
Source: RMLS Alliance,MLS#: EB458964
Originating MLS: Egyptian Board of REALTORS

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Appliances
- Included: Range, Refrigerator, Water Heater
- Laundry: Common Area
Features
- Basement: None
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
Property
Parking
- Total spaces: 40
Lot
- Size: 12.15 Acres
- Dimensions: 500 x 940
- Features: Level
Details
- Additional parcels included: 0720200014
- Parcel number: 0720226003
- Zoning description: Commercial
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Roof: Other
Condition
- New construction: No
- Year built: 1953
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: None
Location
- Region: Marion
Financial & listing details
- Price per square foot: $300/sqft
- Tax assessed value: $399,675
- Annual tax amount: $12,268
- Date on market: 7/23/2025
- Lease term: Variable
- Tenant pays: Other
- Road surface type: Paved
- Loading
- Loading