#QC4263680, Valerie Bethel, Listing office: Valerie Bethel, Designated Managing Broker
202 S Liberty St Marion, IL 62959
Property details
About 202 S Liberty St
This income-producing property at 202 Liberty in Marion, IL, is a great opportunity for investors or anyone looking for an affordable home. Currently rented for $700 per month, this home provides steady rental income with tenants already in place, making it a turnkey investment with minimal effort required for new ownership. Marion’s rental market continues to grow, with demand for affordable housing on the rise. While the average rent in Marion is around $925 per month, this property offers an entry point for those looking to expand their rental portfolio or secure a home below market rental rates. With home values and rental prices increasing, this property has strong potential for future appreciation. This home is priced at $64K, making it a budget-friendly option for investors looking for a low-maintenance rental or a homeowner seeking an affordable property. Located in a thriving community with access to local amenities, schools, and employment opportunities, 202 Liberty offers both stability and potential for long-term growth. If you're looking for an investment property with immediate income or a home to call your own, this could be the perfect opportunity. Contact us today to learn more and schedule a showing!
Highlights
Summary
- Full Bathrooms: 1
- Appliances: Range, Refrigerator
- Basement: No
- Total Bedroom Count: 2
- Parking: Gravel
- Architectural Style: Bungalow
- Heating: Electric, Baseboard
- List Price: $45,000
- Price/SqFt: $61
- Annual Tax Amount: $571
- Tax Year: 2023
- Lot: Level
- Directions: Take Main Street East to Liberty Street. Turn right and follow to 202 on the right side.
- Year Built: 1930
- Living Area: 728 SqFt
- Lot Size: 0.16 Acres
- MLS Number: EB456900
- MLS Name: RMLSA
- Office Name: Indigo Realty LLC
- Listing Agent: Alysa Bunting
Listings courtesy of RMLS Alliance as distributed by MLS GRID.
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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 © 2025 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: 6/5/2025, 12:50:31 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$45,000
202 S Liberty St
$534
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $7,380 | $571 |
2022 | $7,760 | $574 |
2021 | $7,480 | $542 |
2020 | $7,070 | $529 |
2019 | $7,070 | $503 |
2018 | $7,070 | $536 |
2017 | $7,070 | $527 |
History based on county public records data.
Nearby schools
8
Washington Elementary School
Public District KG-5
0.3 mi
•420 E Main St
5
Jefferson Elementary School
Public District PK-5
0.8 mi
•700 E Boulevard St
9
Longfellow Elementary School
Public District KG-5
0.9 mi
•1400 W Hendrickson St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $30,000. Most Marion, IL residents have annual incomes less than $<35k. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
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Frequently asked questions
About 202 S Liberty St
The listing price of 202 S Liberty St property is $45,000.
The property 202 S Liberty St is a house located in Marion, Illinois, 62959.
Active Listing: 202 S Liberty St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 202 S Liberty St are: Washington Elementary School (GreatSchools Rating 8/10), Jefferson Elementary School (GreatSchools Rating 5/10), Longfellow Elementary School (GreatSchools Rating 9/10), Marion Jr High School (GreatSchools Rating 4/10), Washington Middle School (GreatSchools Rating 3/10), Crab Orchard Elementary School (GreatSchools Rating 5/10), Marion High School (GreatSchools Rating 4/10), Johnston City High School (GreatSchools Rating 4/10), Crab Orchard High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $571 (source: MLS/based on county public records data).
The property at 202 S Liberty St has 2 bedrooms and 1 bathroom.
The property 202 S Liberty St is 728 SqFt (source: MLS/tax record).
The year of construction for 202 S Liberty St is 1930.
This home is located at 202 S Liberty St in Marion, IL and zip code 62959. This 728 square foot home, which was built in 1930, sits on a 0.16 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since February 27, 2025 and is currently priced at $45,000.
Over 7 listings were sold over their listed price in May 2025 in Marion, IL. In the same period over 12 listings were sold below the listed price and 4 listings were sold for the listed price. The number of homes for sale in Marion, IL increased by 1.5% between April and May 2025. Listings spent 30 days on the market in May 2025, and had a median list price of $187,000 during the same period.