Sold

1006 E Griggs Street, Marion, IL 62959

Sqft
4,452

View property features, location on map, relevant school information and overview from seller's agent.

Listed byIndigo Realty LLC
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Overview

Investor alert! Fully occupied 6-plex located at 1006 Griggs in the heart of Investor-ready and income-producing—this fully rented 6-plex at 1006 Griggs in Marion, IL brings in a gross monthly rent of $4,025, offering a strong return from day one. Built with low-maintenance in mind, this all-brick structure includes a tenant carport and minimal exterior upkeep. Operating expenses are manageable with annual insurance at $4,000 and estimated cleaning/maintenance at just $1,500—making this a solid option for both seasoned and first-time investors. Located in a highly desirable pocket of Marion, this property is just minutes from I-57, Route 13, SIH, Pepsi MidAmerica, and area shopping, dining, and medical facilities. Marion’s strong rental market is fueled by its central location, regional employers, and proximity to Southern Illinois University, making vacancy rates consistently low. Whether you're expanding your portfolio or looking for stable, passive income—this 6-unit property checks the boxes. Priced at $339,000, it won’t last long. Request the rent roll and schedule a private showing today!

Location

Full feature list

Basic info

Square feet
4,452
Year built
1988

Utilities

Heating
Electric
Cooling
Central air
Sewer
Public sewer
Water
Public

Estimated monthly costs

Insurance
$3,989

Taxes

Tax Annual Amount (2024)
$8,457.66

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: RMLS Alliance MLS®#: EB459081 Last checked:

Based on information submitted to the MLS GRID as of . 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.