Date
Details
Price
Change
Source
12/29/2025
Listed
$975,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$975,000
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Property Description
Located in the heart of downtown Marion on the Square, this rare offering includes both the real estate and the well-known Tower Square Pizza business. Positioned for maximum visibility and foot traffic, the property is surrounded by thriving downtown businesses and benefits from a prime location. Major updates were completed in 2018-2019. The second floor offers a blank canvas, ready to be finished as office space, additional restaurant seating, apartments, or another use to match your vision. A large basement provides ample storage and added functionality. Situated within the TIF district, this property represents a valuable and hard-to-find opportunity in downtown Marion. Whether you choose to continue operating Tower Square Pizza as a beloved local staple or reimagine the space for a new business concept, this turnkey property is ready for immediate use and offers a rare chance to own a piece of downtown Marion.
Full Property Details
Full Property Details for 1207 Tower Square
General
- Price: $975,000
- Taxes: $7,756 (2023)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 100000114
- Updated: 1/18/2026
- Added to Site: 32 day(s) ago
Additional Information
- Security/Safety: Sprinklers
Location
- Area: Marion
- County: Williamson
- Driving Directions: Head south on N Market St, take the roundabout, the property is located on the square.
- Location Details: TIF Zone
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Gas, Heat Pump
Utilities
- Onsite: Sewer Connected
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 9,039
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.11
- Lot Dimensions: 62.4 x 75
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Sprinklers
- Tax Amount: $7,756.88
- Tax Year: 2023
Disclosures and Reports
- Assessment: Yes
- Property ID: 718367013
Listed by Coldwell Banker J D Thompson
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Listing agent
— 1207 Tower Square —
Coldwell Banker J D Thompson
NMLS#: 1598647
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Schools
Schools serving 1207 Tower Square
School District:Marion Community Unit School District 2
| Name | Grades | Distance |
|---|---|---|
Washington Elementary School, Marion, IL 420 East Main Street, Marion, IL 62959 | PK-5 | 0.2 mi |
Marion Jr High School 1609 West Main Street, Marion, IL 62959 | 6-8 | 0.9 mi |
Marion High School, Marion, IL 1501 South Carbon Street, Marion, IL 62959 | 9-12 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1207 Tower Square
Estimate the Cost
Estimate the Cost for 1207 Tower Square
1207 Tower Square, Marion, IL 62959 (MLS# 100000114) is a Commercial property. 1207 Tower Square is currently listed for $975,000 and was received on December 29, 2025. Want to learn more about 1207 Tower Square? Do you have questions about finding other Commercial real estate for sale in Marion? You can browse all Marion real estate or contact a Coldwell Banker agent to request more information.