116 N PARK AVE Active Save Request In-Person Tour Request Virtual Tour
Herrin,IL 62948
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 6,600 sqft
Price per Sqft $242
MLS Listing ID EB455883
Annual Tax Amount $8,251
Tax Year 2023
Property Sub-Type Commercial
Property Description
Welcome to a remarkable investment opportunity in the heart of Herrin, Illinois! This commercially zoned property features a well-maintained building housing three successful businesses, each with private entrances, ensuring tailored access and visibility for each tenant. The property boasts three established businesses, all occupying updated separate spaces that are meticulously designed for optimal functionality and customer experience. The largest of these commercial units features a convenient drive-thru, enhancing customer service potential and attracting more foot traffic. With its prime location on a corner lot, the building enjoys high visibility and significant traffic exposure from Route 148, making it a desirable spot for any business. Upstairs, you’ll find three charming two-bedroom, one-bathroom apartments, each equipped with in-unit washers and dryers for resident convenience. Additionally, there is a spacious industrial-designed two-bedroom, one-bathroom apartment, also featuring its own washer and dryer. This unique space combines modern aesthetics with functionality, appealing to prospective tenants. All residential units are currently occupied, providing a steady rental income stream from day one. The dry basement offers an excellent storage solution, adding further potential for the property’s uses, whether for the commercial tenants or additional storage options. This impressive commercial property not only represents a solid investment opportunity
Location
State IL
County Williamson
Area Ebor Area
Zoning Commercial
Interior
Heating Electric,Gas
Cooling Central Air
Flooring Carpet,Concrete,Tile/Vinyl
Exterior
View true
Roof Type Other,Rolled/Hot Mop
Building
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Frame