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Herrin, IL Apartment Buildings for Sale

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Historic Herrin Mixed-Use Landmark
Updated: Aug 27, 2024
Historic Herrin Mixed-Use Landmark

200 N PARK Avenue, Herrin, IL 62948

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24,000 sqft
Multiple income streams from retail, commercial space, and 5 apartments.
12,000 sq. ft. of open retail space with original architectural details.
Historic 1909 building, a landmark in downtown Herrin.
3,800 sq. ft. of additional commercial space suitable for offices or studios.
Located in a bustling downtown area with strong foot traffic.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Herrin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Triplex Multifamily Investment Package
Triplex Multifamily Investment Package

627-631-635 S Sprigg Street, Cape Girardeau, MO 63703

$700,000
0.17 AC lot

Three multifamily properties are offered together, including a total of nine units across two buildings on Sprigg Street.

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Multi-Family Apartment Building
Multi-Family Apartment Building

239 N Middle Street, Cape Girardeau, MO 63701

$599,900
5,943 sqft 0.23 AC lot

Nine-unit apartment complex with a private parking lot and unit mix ranging from studios to three-bedroom layouts.

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Two-Bedroom Townhome Apartment Building
Two-Bedroom Townhome Apartment Building

405-419 East Mill Street, Unit 14, Carbondale, IL 62901

$720,000

Foreclosure offering with 14 two-bedroom townhouse units, each with 1.5 baths and in-unit appliance packages.

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Two-Building Townhome-Style Apartment
Two-Building Townhome-Style Apartment

512 S Beveridge Street 16, Carbondale, IL 62901

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Two buildings totaling 16 units, featuring central air and individual utilities with laundry hookups.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Retail-Zoned Development Land Opportunity
Retail-Zoned Development Land Opportunity

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2-acre site with retail zoning and conditional overlay, approved for 352 apartments and multiple residential lot configurations.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Off-Market Properties in Herrin, IL

Consider similar Off-Market properties in Herrin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

200 Park Ave
Multifamily properties

200 Park Ave, Herrin, IL 62948

Value Estimation by Request
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Herrin, IL Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Herrin, IL on our real estate platform. These investment opportunities span a total of 24,000 square feet of properties for sale.

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Demographics Overview

Population 13K
Population Growth (5Y) -3.5%
Median Household Income $59,031
College Educated 33.2%

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Williamson County

New Delisted

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