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4,056 sqft

$195,000

1106 W Hendrickson Street, Marion IL, 62952

Price per sqft$48.08
Built in1950
Property size4,056 sqft
Property typeResidential
Courtesy of SHAWNEE HILLS REAL ESTATE, LLC, Listing Contact:

Overview

Active

Listed Jul 5, 2026

Updated Jul 11

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!

$1,297/mo

Est. mortgage payment based on a $195,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3,227
Tax Frequency
Annually
55+/Senior Community
No
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Listings courtesy of RMLS Alliance as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Cindy Grady Bunch shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS. 

Based on information submitted to the MLS GRID as of 3:21 AM UTC on 7/11/2026. 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.

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