116 N PARK AVE Active

Herrin,IL 62948

$ 1600000

- Bed

- Bath

6600 SqFt


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

Originating Board rmlsa

Annual Tax Amount $8,251

Tax Year 2023

Lot Dimensions 100x65

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

Direction From route 13, take route 148 into Herrin to Park Ave. Corner of Monroe and Park Ave.

Interior

Heating Electric,Gas

Cooling Central Air

Flooring Carpet,Concrete,Tile/Vinyl

Fireplace N

Exterior

View true

Roof Type Other,Rolled/Hot Mop

Garage 1

Building

Faces From route 13, take route 148 into Herrin to Park Ave. Corner of Monroe and Park Ave.

Sewer Public Sewer

Water Municipal/City

Structure Type Brick,Frame

Others

Tax ID 02-19-462-002

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