1113 N COURT Street

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1113 N COURT Street

Marion, IL 62959
Asking Price
$292K
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Traditional office building located in Marion, Illinois
  • Asset is available for purchase at $292,000
  • Functional layout designed for versatile office use cases
  • Situated within an established commercial corridor on Court Street
  • Provides a strategic office footprint in Williamson County

What's Special

Professional services firms or regional administrative teams seeking a dedicated workspace will find this traditional office building at 1113 N Court Street well-suited for their operational needs. The property provides a functional layout tailored for private offices, conference rooms, or client-facing meetings within the established commercial corridor of Marion. Positioned in a growing suburban market in Southern Illinois, the facility benefits from steady access to local transportation routes and proximity to the city's primary business services district. Investors looking to expand their portfolio in Williamson County may consider the asset for its potential as an owner-user acquisition or a multi-tenant corporate headquarters. The configuration allows for flexible interior floor plans suitable for professional consultancies, medical administrative offices, or independent service businesses. Its location ensures visibility and accessibility for staff and visitors alike, maintaining a strategic foothold in this regional hub.

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NOI
$80,000
Cap Rate
27.40%
DSCR
4.61
Strong
Cash-on-Cash
71.53%
Monthly Payment
$1,444.657
Annual Cash Flow
$62,664.12

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