9
See all 9 photos
$500,000
Est. payment /mo
8 Acres Lot
Active
1801 E MAIN ST Marion, IL 62959
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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID EB458674
Annual Tax Amount $7,105
Tax Year 2024
Lot Size 8.000 Acres
Lot Dimensions 850' x 400'
Property Sub-Type Land
Property Description
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.
Location
State IL
County Williamson
Zoning R-2
Interior
Fireplace N
Exterior
Utilities Available Sewer Connected, Water Available
Building
Dwelling Type Land
Schools
School District , Mario
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alysa Bunting of Indigo Realty LLC
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