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1801 E Main Street, 
Marion, IL 62959

$500,000


Bed


Bath


-

Sq Ft


8.00

Acres (Lot)


Land

Active

Listed by

Alysa Bunting

Indigo Realty LLC.

618-952-5200

Last updated:

November 21, 2025, 09:21 PM

MLS#

EB460537

Source:

IL CAAR

About This Land

1801 E Main Street

8-Acre Multi-Family Development Opportunity | East Marion, IL Located on the thriving east side of Marion, this 8-acre shovel-ready site offers a rare opportunity for large-scale residential development. The property includes two parcels, a completed engineering survey, EPA permit, and a paid demo permit. Transferable plans for an 84-unit apartment complex are included with the sale—offering a fast track to development. Situated in both a TIF District and Enterprise Zone, this project is eligible for up to $2.3 million in reimbursement to the developer over the life of the TIF, significantly offsetting development costs. Local incentives and tax abatements add even more appeal. Just 10 minutes to I-57, and within 20–30 minutes of Harrisburg, Carbondale, and Cape Girardeau, the site is ideally positioned near major employers like SIH, Pepsi MidAmerica, and Aisin. Zoned for multi-family, this location supports apartments, build-to-rent, or senior housing. Utilities nearby. Don't miss this chance to invest in one of Southern Illinois' most promising rental markets with powerful incentives already in place.

Land Facts

Description/Design:

Land

Lot Size (Acres)

8.00

MLS #:

EB460537

Last Updated:

November 21, 2025, 09:21 PM

Added:

4 month(s) ago


Finances & Disclosures

Finances

Price:

$500,000

Source:IL CAAR
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