1801 E Main Street, Marion, IL 62959

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1801 E Main Street,Marion, IL 62959
$500,000
  • 8 Acres
  • Lots / Land
  • Active
Listed by: alysa bunting
Office: indigo realty llc.
MLS#:EB458674
Source:MLSNI

Price summary

  • Price:$500,000

About this home

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

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Home facts

  • Listing ID #:EB458674
  • Added:1 day(s) ago
  • Updated:December 19, 2025 at 12:52 PM

Structure and exterior

  • Lot area:8 Acres

Finances and disclosures

  • Price:$500,000
  • Tax amount:$7,105 (2024)
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