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1006 E Griggs Street, 
Marion, IL 62959

$339,000


Bed


Bath


4,452

Sq Ft


Multi-Family

Active

Listed by

Alysa Bunting

Indigo Realty LLC.

618-952-5200

Last updated:

August 5, 2025, 02:34 PM

MLS#

EB459081

Source:

IL CAAR

About This Home

1006 E Griggs Street

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!

Home Facts

Multi-Family

Built in 1988

Price Summary

339,000

$76 per Sq. Ft.

MLS #:

EB459081

Last Updated:

August 5, 2025, 02:34 PM

Added:

7 day(s) ago


Rooms & Interior

Interior

Living Area:

4,452 Sq. Ft.


Structure

Structure

Building Area:

4,452 Sq. Ft.

Year Built:

1988


Finances & Disclosures

Finances

Price:

$339,000

Price per Sq. Ft:

$76 per Sq. Ft.

Source:IL CAAR
The information being provided by RMLS Alliance (Formerly Capital Area AOR) is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 RMLS Alliance (Formerly Capital Area AOR) All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.