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Backup Offers

501 N Russell St, Marion, IL, 62959

$157,000

Home List Price

$1,864*

Closing Credit

0 Baths
Multi
Schools Nearby

Location

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501 N Russell St, Marion$157,000

Buyer Closing Credits

$1,864*

1.25% Loan Amount

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Property Highlights

Home TypeMulti Family
ParkingParking Pad
Year Built1900
HeatingBaseboard, Natural Gas, Central
BasementYes
MLS #QC4250750
Lot Size0.68 Acres
StatusAccepting Backup Offers
(Pending Continue to Show)

About 501 N Russell St

Expand your investment portfolio now with this 3 unit property located in the heart of Marion. Walk to the park just north or take a short ride to downtown. Property includes a large 3 bed/2 bath unit, a 2 bed/1 bath unit and a 1 bed/1 bath unit. New electric meters for all units. Unit C has been recently renovated including a new roof, wall AC unit and paint. Unit C has a large attached storage area. All units rented.

Property Details

Property Features

Property Information:

  • Year Built: 1900

Listing Office:

  • Office Name: House 2 Home Realty Marion
  • Office Phone: (618) 694-2137
  • Listing Agent: Denise Graff

Interior Features

Interior Information:

  • Basement: Yes

Exterior Features

Parking Information:

  • Parking: Parking Pad

Lot Features

Lot Information:

  • Lot: Corner Lot, Level
  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Baseboard, Natural Gas, Central

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: From Rt 13, south on Russell, through roundabout and follow to property on corner of W White and Russell. Parking on Russell at rear.

Price Information

Listing Price Info

Price Summary:

  • List Price: $157,000

Tax Information:

  • Annual Amount: $2,296
  • Tax Year: 2020
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Housing Market Comparison

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

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Marion, IL

City

Med. Sold Price

$174.9K

Med. Price/SqFt

$106

Avg. Days On Market

24

# of Sold Homes

23

501 N Russell St vs Marion

50 DAYS ON ROCKET

+26 Days

$157,000

-$17.9K Less

KEY TAKEAWAY

This property is $17.9K less than the Median Sold Price in Marion, IL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RMLSA
  • MLS Number: #QC4250750

Listing Office:

  • Office Name: House 2 Home Realty Marion
  • Office Phone: (618) 694-2137
  • Listing Agent: Denise Graff

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: 4/28/2024, 12:20:20 PM 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$2,296$30,680
2019$2,187$30,680
2018$2,329$30,680
2017$2,287$30,680

History based on county public records data.

Payment Calculator

$851

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$537

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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-2213665
7
/10

  • Lincoln Elementary School

  • 400 Morningside Dr

  • 1.68 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2213666
5
/10

  • Marion Jr High School

  • 1609 W Main St

  • 0.31 miles

  • Public District Grades 6-8

High School

school-card-donut-2213667
3
/10

  • Marion High School

  • 1501 S Carbon St

  • 0.70 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $39,800. Typical income of Marion, IL residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›Illinois›Williamson County›Marion›62959›501 N Russell St

This home is located at 501 N Russell St in Marion, IL and zip code 62959. This home, which was built in 1900, sits on a 0.68 acre lot. It has been listed on Rocket Homes since March 08, 2024 and is currently priced at $157,000.

In March 2024 more than 8 listings in Marion, IL were sold above the asking price. During the same period more than 4 listings were sold at asking price, while more than 11 were sold below. In March 2024 in Marion, IL there were 3.4% less homes for sale than in February 2024. The median list price of listings available in March 2024 was $174,950, while the average time on the real estate market was 24 days.

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

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