Herrin, IL 62948,1400 Park N Avenue
Herrin, IL 62948,1400 Park N Avenue
Herrin, IL 62948,1400 Park N Avenue
Herrin, IL 62948,1400 Park N Avenue
Herrin, IL 62948,1400 Park N Avenue
Herrin, IL 62948,1400 Park N Avenue
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Listed by Rayna Johnsonof Selling Southern Illinois Realty
$ 148,500
Est. payment | /mo

4,818 SqFt


Save
$ 148,500
Est. payment | /mo
Save

4,818 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,818 sqft

Price per Sqft $30

MLS Listing ID 100000203

Annual Tax Amount $3,825

Tax Year 2025

Lot Size 0.280 Acres

Lot Dimensions 100 ft x 120.8 ft

Property Sub-Type Mixed Use

Property Description

Substantial 4,818 Sq. Ft. Commercial Building in Herrin, IL! Add this high-performing asset to your portfolio today. This 4,818 sq. ft. commercial property is fully leased and generating immediate passive income. With established tenants already in place (Body Shop & Flower Shop), this is a rare turnkey opportunity offering a massive 16% Cap Rate at the current asking price. The Financials: * Monthly Income: $2,000/month * Annual Gross Income: $24,000 * Cap Rate: 16% * Occupancy: 100% Leased (Tenants in place) Don't wait-assets with this rate of return do not last long on the market. OR Bring your vision to this expansive commercial property offering a rare combination of industrial utility and retail charm. Currently operating as a dual-use facility (Auto Body & Floral Shop), this building proves it can handle absolutely anything. Spanning a substantial 4,818 square feet, this property has excellent street visibility, seamlessly flowing into a spacious workshop/industrial space in the rear. Property Highlights: * Versatile Zoning: Perfect for automotive, manufacturing, retail, or adaptive reuse (think: brewery, gym, event center, or flex-warehouse). * Industrial: The rear workspace is equipped with overhead doors, high ceilings, and the infrastructure to handle heavy-duty work. Whether you are looking to continue the current operations or transform this flexible footprint into the area's next hotspot, the infrastructure is here!

Location

State IL

County Williamson

Interior

Cooling Window Unit(s)

Fireplace N

Exterior

View Y/N true

Midwest Real Estate Data (MRED) VOW
NEARBY SCHOOLS & PROPERTIES
SCHOOLSPROPERTIES
Elementary Schools 4
  • 8

    Herrin C U S D 4 Elementary School

    Public | 2 - 5

  • 0

    North Side Primary Center

    Public | PK - 1

  • 0

    Our Lady of Mt Carmel School

    Private | PK - 8

  • 0

    Unity Christian School

    Private | PK - 8

Middle Schools 1
  • 6

    Herrin Middle School

    Public | 6 - 8

High Schools 1
  • 6

    Herrin High School

    Public | 9 - 12

School and business data provided by Attom Data.
Amber Holup

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 870-6835

amber@thehnghomes.com

9755 W 143rd St., Park, IL

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1400 Park N Avenue