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1106 W Hendrickson Street, 
Marion, IL 62952

$195,000


Bed


Bath


4,056

Sq Ft


Multi-Family

Active

Listed by

Jaime Watkins

Shawnee Hills Real Estate, LLC.

618-697-1516

Last updated:

July 18, 2026, 02:28 PM

MLS#

PA1268117

Source:

IL CAAR

About This Home

1106 W Hendrickson Street

Unlock the potential of this outstanding apartment investment opportunity! Once fully completed, this property will feature a total of five rental units with dedicated parking for each tenant. The building currently includes two upstairs units that were completely remodeled in 2023—a two-bedroom, one-bath unit and a one-bedroom, one-bath unit—which are both occupied and currently generating $1,650 per month in rental income. The three downstairs units have already been gutted and are ready for completion, allowing you to add a studio, one-bath unit and two additional two-bedroom, one-bath units. Once all renovations are complete, the property will consist of three two-bedroom, one-bath units, one one-bedroom, one-bath unit, and one studio, one-bath unit. With all five units leased, the property has the potential to generate over $4,000 per month in rental income. Whether you're looking to expand your investment portfolio, increase your cash flow, or begin your journey into real estate investing, this property offers the perfect combination of immediate income and significant upside. Contact us today to find out about this value-add investment opportunity located in the TIFT district or to schedule your private showing!

Home Facts

Multi-Family

Built in 1950

Price Summary

195,000

$48 per Sq. Ft.

MLS #:

PA1268117

Last Updated:

July 18, 2026, 02:28 PM

Added:

17 day(s) ago


Rooms & Interior

Interior

Living Area:

4,056 Sq. Ft.


Structure

Structure

Building Area:

4,056 Sq. Ft.

Year Built:

1950


Finances & Disclosures

Finances

Price:

$195,000

Price per Sq. Ft:

$48 per Sq. Ft.

Source:IL CAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.