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200 & 202 N MARKET Street Marion ,
Illinois IL 62959 Status Active
SqFt
14,629
Acres
0.190
County Williamson
Year Built 1930
Property Type Commercial Sale
Property Sub Type Commercial
Description
This building is situated on North Market Street in downtown Marion. This offers many features including the reception area, conference rooms, smaller offices, a pantry and even a gym! Many spaces have been remodeled giving a vibrant, modern feel for employees and guests. Current lease info: 202A lease: From 1 Jan 2020 to 31 Dec 2020 is $742/mo for approx 600sqft 202B lease: From 1 Dec 2020 to 30 Nov 2025 for approx 2000 sqft (60mos) Year 1: $833 Year 2: $858 Year 3: $884 Year 4: $911 Year 5: $938 203B lease: From 1 Dec 2018 to 30 Nov 2022 for approx 400 sqft (48mos) Rent Year 1: $635 Rent Year 1: $654 Rent Year 1: $673 Rent Year 1: $693
Year Built
1930
County
Williamson
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
Commercial
Levels
Two
Building Features
Other
Available SqFt
14629
Heating
Gas
Cooling
Central Air, Wall/Window Unit(s)
Construction Materials
Brick
Number Of Buildings
1
Frontage Type
Corner Lot
Loading Dock
no
Lot Size Dimensions
100X85
Irregular Lot
no
Sewer
Public Sewer
Roof
Other
100 Year Flood Plain
Unknown
Directions
1 block North of Square in Marion
Buyer Agency Compensation
2.5%
Possible Use
Office, Retail
Documents Available
Other
For Sale
yes
Tenant Pays
Other
Tax Annual Amount
1539
Tax Incentive
Other Tax Incentive
Tax Year
2019
Current Financing
Cash Only
Net Operating Income
-1539
For Lease
no
Lease Type
Other
Lease Renewal
Yes
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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. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Wednesday, February 8th, 2023.
Listed by: RE/MAX REALTY CENTRAL Pref: 618-924-3644