www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
30089042
30089054

1506 W Main St, Marion, IL 62959

AE
471022210
$250,000
92 days on market
Updated 9 days ago

RSH Massage

Details
Property Type Office, Retail
Sub Type Traditional Office, Storefront (+1)
Square Footage 1,352
Price per SqFt $185
Year Renovated 2025, 2026
Buildings 1
Lot Size (SqFt) 7,404
Investment Type Owner/User
Ownership Owned

1506 W Main St - Be a part of the Revitalization of Marion

Marketing description

History meets Modern Infrastructure. Prime Main Street visibility. 1506 W Main Street in Marion has undergone a complete transformation, preserving the presence of a historic building while delivering the confidence of fully updated systems throughout. Recent improvements include a complete tear-out to the studs and reconfigured layout restoring the high ceilings and including a large reception area, four separate office/exam rooms, two beautiful restrooms, and utility room; completely replaced foundation, subflooring, electrical, plumbing, HVAC system, drywall, flooring, and bathrooms. The significant structural and mechanical updates have already been completed — creating a clean slate ready for its next vision. Situated within a newer TIF district with approximately 19 years remaining, this property may offer valuable redevelopment incentives for qualifying projects. With an IDOT-reported traffic count of approximately 9,300 vehicles per day, the exposure along West Main Street provides strong visibility for retail, office, or service use. For those who want to be part of the continued revitalization and growth of Marion, this is an opportunity to invest in both a building — and a future.

Investment highlights

Situated within a newer TIF district with approximately 19 years remaining; IDOT-reported traffic count of approximately 9,300 vehicles per day; Recent improvements include a complete tear-out to the studs, reconfigured layout restoring the high ceilings and including a large reception area, four separate office/exam rooms, two beautiful restrooms, and utility room; completely replaced foundation, subflooring, electrical, plumbing, HVAC system, drywall, flooring, and bathrooms. Significant structural and mechanical updates have been completed.

Icon
Powered by RMLS Alliance
Learn More

Listing Contacts

AE
471022210

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Map

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Similar Properties

View All
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591