29 days on rocket

Backup Offers

703 N Market St Unit 22, Marion, IL, 62959

$2,900,000

0 Baths
Multi

Location

Image provided by Mapbox

Property Highlights

Home TypeMulti Family
ParkingAttached, Detached
Attached GarageYes
Year Built2022
HeatingHeat Pump, Central
MLS #EB455605
StatusAccepting Backup Offers
(Pending Continue to Show)

About 703 N Market St Unit 22

This fantastic investment opportunity features 22 fully occupied units with a low vacancy rate, located just minutes from Downtown Marion. With its prime location and strong rental demand, this property is a must-see for investors. TIF INCLUDED Please allow ample time for viewing, as all units are currently occupied! 6 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage) 6 units 1050 sq ft w/ patio Rent for 1100.00 each (2 bed 2 bath w/ 1 car garage) 5 units 950 sq ft w/ patio Rent for 1000.00 each (2 bed 1 bath w/ 1 car garage) 5 units 900 sq ft w/ patio Rent for 900.00 each (2 bed 1 bath no garage)

Property Details

Property Features

Property Information:

  • Year Built: 2022

Listing Office:

  • Office Name: COLDWELL BANKER J. DAVID THOMPSON
  • Office Phone: (618) 997-1868
  • Listing Agent: Shelly Cain

Interior Features

Interior Information:

  • Basement: No
  • Interior: Cable Available, High Speed Internet

Exterior Features

Parking Information:

  • Attached Garage: Yes
  • Parking: Attached, Detached

Lot Features

Lot Information:

  • Lot: Corner Lot

Utilities

Utilities Information:

  • Heating: Heat Pump, Central

Other

Directions Information:

  • Directions: From Deyoung turn on N Market. Property is located on the left. 2 6 plex and 2 5 plex 103 Goodall A-F 703 N Market A-E 705 N Market A-F 100-108 Campbell Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,900,000
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Housing Market Comparison

See how this home compares to others in Marion, IL.

Med. Sold Price

$184.5K

Med. Price/SqFt

$112

Avg. Days On Market

38

# of Sold Homes

26

703 N Market St Unit 22 vs Marion

29 DAYS ON ROCKET

-9 Days

$2,900,000

+$2.7M More

KEY TAKEAWAY

This property is $2.7M more than the Median Sold Price in Marion, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB455605

Listing Office:

  • Office Name: COLDWELL BANKER J. DAVID THOMPSON
  • Office Phone: (618) 997-1868
  • Listing Agent: Shelly Cain

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:50:52 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$14.5K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,761

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-542492
8
/10
  • Washington Elementary School

  • 420 E Main St

  • 0.31 miles

  • Public District Grades KG-5

school-card-donut-542493
5
/10
  • Jefferson Elementary School

  • 700 E Boulevard St

  • 0.51 miles

  • Public District Grades PK-5

school-card-donut-542494
5
/10
  • Lincoln Elementary School

  • 400 Morningside Dr

  • 0.84 miles

  • Public District Grades KG-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,361. The most common annual income of people living in Marion, IL is less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

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Rocket HomesIllinoisWilliamson CountyMarion62959703 N Market St Unit 22

This home is located at 703 N Market St Unit 22 in Marion, IL and zip code 62959. This home was built in 2022. It has been listed on Rocket Homes since October 23, 2024 and is currently priced at $2,900,000.

In October 2024 more than 4 listings in Marion, IL were sold above the asking price. During the same period more than 6 listings were sold at asking price, while more than 16 were sold below. The median list price of listings available in October 2024 was $184,500, while the average time on the real estate market was 38 days.

From Rocket Homes Real Estate and based on county public records data.

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