11580 IL Route 37 Route

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11580 IL Route 37 Route

Marion, IL 62959
Asking Price
$849K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

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

  • Retail storefront property spanning 26,352 square feet of space
  • Available for purchase with an asking price of $849,000
  • Situated on Illinois Route 37 in the city of Marion
  • Prominent location provides access to regional traffic patterns
  • Versatile floor plan suitable for various retail business models

What's Special

Priced at $849,000, this 26,352-square-foot storefront retail asset sits along Illinois Route 37 in Marion. The property offers substantial square footage suitable for a wide range of commercial applications, including big-box retail, specialized showroom space, or potential adaptive reuse projects. Marion functions as a key regional hub in Southern Illinois, benefiting from its strategic position near major interstate intersections that connect local traffic to broader markets. The local economy is supported by a diverse base of employers and services, providing a stable foundation for businesses looking to establish or expand their presence in the area. Its prominent location on a primary thoroughfare ensures consistent visibility and accessibility for both local residents and regional commuters traveling through this growing suburban market. Investors and operators will find the size and placement of this facility versatile for meeting current market demands.

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NOI
$80,000
Cap Rate
9.42%
DSCR
1.59
Strong
Cash-on-Cash
11.62%
Monthly Payment
$4,200.389
Annual Cash Flow
$29,595.335

Location & Travel Times