6 months on rocket

1607 N Russell St, Marion, IL, 62959

$495,000

2 Bedrooms
1 Full Bath
5.00 Acres
$309/SqFt
Land
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeVacant Land
Year Built1967
MLS #EB450937
Lot Size5.00 Acres
StatusActive

About 1607 N Russell St

Could this be the location for your new or expanding business? Or is this the ideal location for an apartment complex? Great road frontage with level ground. Five Acres near Interstate access.

Property Details

Property Features

Property Information:

  • Year Built: 1967
  • Living Area: 1,604 SqFt

Listing Office:

  • Office Name: DAVE THOMPSON REALTY
  • Office Phone: (618) 997-1111
  • Listing Agent: DAVID THOMPSON

Interior Features

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Residence

Lot Features

Lot Information:

  • Lot: Level
  • Lot Size: 5.00 Acres

School Info

Assigned Schools Information:

  • Marion High School, Public District Grades 9-12
  • Marion Jr High School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: North on Russell from Route 13

Price Information

Listing Price Info

Price Summary:

  • List Price: $495,000
  • Price Per SqFt: $309/SqFt

Tax Information:

  • Annual Amount: $1,331
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Marion, IL.

Med. Sold Price

$174.9K

Med. Price/SqFt

$106

Avg. Days On Market

24

# of Sold Homes

23

1607 N Russell St vs Marion

199 DAYS ON ROCKET

+175 Days

$495,000

+$320K More

$309/SqFt

+$203 More

KEY TAKEAWAY

This property is $320K more than the Median Sold Price and $203/SqFt more than other homes in Marion, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #EB450937

Listing Office:

  • Office Name: DAVE THOMPSON REALTY
  • Office Phone: (618) 997-1111
  • Listing Agent: DAVID THOMPSON

IDX Listings courtesy of RMLS Alliance as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance®. Real estate listings held by brokerage firms other than this broker are marked with the RMLSA logo and detailed information about them includes the name of the listing brokers. The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. Copyright © 2024 Peoria Area Association of REALTORS®.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/29/2024, 12:50:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,331$17,780
2019$1,267$17,780
2018$1,350$17,780
2017$1,326$17,780

History based on county public records data.

Payment Calculator

$2,538

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,551

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-2842378
7
/10
  • Lincoln Elementary School

  • 400 Morningside Dr

  • 1.02 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2842379
5
/10
  • Marion Jr High School

  • 1609 W Main St

  • 1.04 miles

  • Public District Grades 6-8

High School

school-card-donut-2842380
3
/10
  • Marion High School

  • 1501 S Carbon St

  • 1.99 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,624. Most Marion, IL residents have annual incomes less than $35k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1607 N Russell St

What is the listing price of this property?

The listing price of 1607 N Russell St property is $495,000.

What type of property is this?

The property 1607 N Russell St is land located in Marion, Illinois, 62959.

Is this property for sale now?

Active Listing: 1607 N Russell St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1607 N Russell St are:
Lincoln Elementary School: GreatSchools Rating 7/10
Marion Jr High School: GreatSchools Rating 5/10
Marion High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,331 (source: MLS/based on county public records data).

How much acreage is this property?

The property 1607 N Russell St is 5.00 acres.
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Rocket HomesIllinoisWilliamson CountyMarion629591607 N Russell St

This home is located at 1607 N Russell St in Marion, IL and zip code 62959. This 1,604 square foot home, which was built in 1967, sits on a 5.00 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 12, 2023 and is currently priced at $495,000.

Marion, IL housing market in March 2024 saw over 8 listings sold above listed price, more than 4 sold at listed price and over 11 sold below. The number of listings in Marion, IL decreased by 3.4% between February 2024 and March 2024. While the average time on the market in March 2024 was 24 days, the median list price was $174,950.

From Rocket Homes Real Estate and based on county public records data.

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