USAILHerrin1400 N Park Ave
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1400 N Park Ave, Herrin, IL

Real Estate

For Sale

Listed price in listed location currency (USD).
$148,500

000

MLS® 100000203

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes $3,825
Days Active 33
Approx. Age 
MLS® Number 100000203

Property Address: 1400 N Park Ave, Herrin, IL, 62948-2728

Average square foot calculated using Size range provided by listing agent.

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!
MLS® Number100000203
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 2, 2026List Date
$148,500List Price
  • Commute

Commute

Starting Address
Destination Address
1400 N Park Ave, Herrin, IL

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