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1106 W Hendrickson Street, Marion, IL 62952

$195,000

4,056 sq ft
MLS# 1268117
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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!

Property Details

City
Marion
County
Williamson
Subdivision
None
Schools
  • Marion
  • Marion
  • Marion
Type
Residential Income
Garage
  • Guest
New Construction
No
Square Ft.
4,056
Apx Lot Size
75x90x75x91
Year Built
1950

Features

Roofing
  • Other
Garage/Parking
  • Guest
Basement
  • None
Heating/Cooling
  • Electric
  • Forced Air
  • Wall Unit(S)
Water/Sewer
  • Public Sewer
  • Public

Financials

2024 Taxes
3227.22
RMLS Alliance IDX

Listing information is provided by RMLS Alliance LLC courtesy of SHAWNEE HILLS REAL ESTATE, LLC, Jaime Watkins, as of 07/06/2026 15:15pm exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in renting or leasing. Data is deemed reliable but is not guaranteed accurate by the MLS. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.