• 1106 W Hendrickson ST, Marion, IL 62952
    1106 W Hendrickson ST, Marion, IL 62952
    1106 W Hendrickson ST, Marion, IL 62952
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    Listed by Jaime Watkins • SHAWNEE HILLS REAL ESTATE, LLC
    $195,000
    Est. payment /mo
    4,056 SqFt
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    UPDATED:

    Key Details

    Property Type Single Family Home, Multi-Family

    Sub Type Residential Income

    Listing Status Active

    Purchase Type For Sale

    Square Footage 4,056 sqft

    Price per Sqft $48

    MLS Listing ID PA1268117

    Year Built 1950

    Annual Tax Amount $3,227

    Tax Year 2024

    Lot Dimensions 75x90x75x91

    Property Sub-Type Residential Income

    Source rmlsa

    Property Description

    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!

    Location

    State IL

    County Williamson

    Area Paar Area

    Direction From S Court St, take W Hendrickson and the property is signed

    Rooms

    Basement None

    Interior

    Heating Electric, Forced Air, Wall Unit(s)

    Fireplace N

    Exterior

    View true

    Roof Type Other

    Total Parking Spaces 6

    Garage 1

    Building

    Lot Description Level

    Faces From S Court St, take W Hendrickson and the property is signed

    Unit Features [{\"UnitTypeBedsTotal\":1,\"UnitTypeType\":\"Unit 1\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":750,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1416869Group_1\"},{\"UnitTypeBedsTotal\":2,\"UnitTypeType\":\"Unit 2\",\"RMA_FullBaths\":\"1\",\"RMA_HalfBaths\":\"0\",\"UnitTypeActualRent\":900,\"RMA_NumberParking\":\"1\",\"RMA_NumberUncovered\":\"1\",\"RMA_FireplaceYN\":\"N\",\"RMA_NumberCovered\":\"0\",\"UnitTypeKey\":\"RMA1416869Group_2\"}]

    Foundation Poured Concrete, Slab

    Water Public Sewer, Public

    Structure Type Stucco

    New Construction false

    Schools

    Elementary Schools Marion

    Middle Schools Marion

    High Schools Marion

    Others

    Tax ID 06-24-188-007


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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