708 N. Madison Street, Marion, IL
Multi-family for Sale - $299,000
Agent Info
| Melissa Plant Coldwell Banker J. David Thompson, Realty |
Property Info
| CIMLS# | 1198943 |
| Location 708 N. Madison Street Marion IL 62959 | |
| Updated | November 11th, 2026 |
| Type | Multi-family |
| Price | $299,000 |
Property Description
Investment opportunity in a prime Marion location! This four-unit apartment building is conveniently located within walking distance of the Marion Square, offering easy access to shopping, dining, and local amenities. Each of the four units features 2 bedrooms and 1 bathroom. Kitchen appliances are included, along with a shared washer and dryer located in the basement for tenant convenience. The roof was replaced in 2023, providing an added benefit for the next owner. The owner currently pays Mediacom internet ($84/month), water and sewer (approximately $120/month), trash ($109/month) basement electricity for the shared laundry area, and lawn care (approximately $100/month). Tenants are responsible for their individual electric bills. With four separate living units and a desirable location, this property offers an excellent opportunity for investors looking to expand their rental portfolio or add a multi -unit property to their investment holdings



