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Herrick, IL

Herrick, IL Commercial Real Estate for Sale

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Cowden, IL Pana, IL Beecher City, IL Mode, IL St Elmo, IL Vandalia, IL Shelbyville, IL Brownstown, IL

Renovated Flex Building with Garage

Updated: Sep 12, 2025

Renovated Flex Building with Garage

18 Broadway Street, Herrick, IL 62431

$52,000

0.82 AC lot

20‑by‑80‑foot building with 20‑by‑20‑foot office and 20‑by‑60‑foot garage
0.821‑acre parcel at 18 Broadway Street, Herrick, IL 62431
Commercial electric service and water line in place
Plumbing configured for two separate bathrooms
Central air, insulated windows, metal siding, and metal roof

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 28 Potential Opportunities for your consideration. Besides 1 Active listings in Herrick, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Restaurant with Outdoor Bar

Restaurant with Outdoor Bar

504 E JACKSON Street, Pana, IL 62557

$575,000

0.91 AC lot

A restored former ice house combines restaurant and bar space with a commercial kitchen, gaming room, and outdoor event areas.

Downtown Shelbyville Commercial Building

Downtown Shelbyville Commercial Building

200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

$799,000

7,768 sqft

Remodeled commercial building in downtown Shelbyville with flexible space.

Tillable Agricultural Land

Tillable Agricultural Land

1800 E 700 North Road, Shelbyville, IL 62565

$724,522

Current tillable production acreage in a river-bottom agricultural setting.

Three-Building Flex Property

Three-Building Flex Property

709 Jackson St, Pana, IL 62557

$525,000

The property combines a showroom layout with a separate roomed commercial building and steel storage structure.

Off-Market Properties in Herrick, IL

Consider similar Off-Market properties in Herrick, 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.

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$250,000

3,200 sqft 0.14 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value:

$240,000

0.43 AC lot

18 Broadway St

Retail properties & Spaces

18 Broadway St, Herrick, IL 62431

Estimated value: by Request

2,026 sqft

3 Broadway St

COMMERCIAL (GENERAL)

3 Broadway St, Herrick, IL 62431

Estimated value:

$260,000

0.07 AC lot

6 Broadway St

COMMERCIAL (GENERAL)

6 Broadway St, Herrick, IL 62431-1301

Estimated value:

$255,000

2,016 sqft 0.18 AC lot

3 Broadway St

COMMERCIAL (GENERAL)

3 Broadway St, Herrick, IL 62431-1014

Estimated value:

$205,000

2,160 sqft 0.07 AC lot

2 Broadway St

COMMERCIAL (GENERAL)

2 Broadway St, Herrick, IL 62431-1301

Estimated value:

$150,000

896 sqft 0.17 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$175,000

1,536 sqft 0.14 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value:

$245,000

0.29 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$260,000

0.26 AC lot

2nd St

COMMERCIAL (GENERAL)

2nd St, Herrick, IL 62431

Estimated value:

$235,000

2,900 sqft 0.29 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$250,000

1,200 sqft 0.14 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$205,000

2,250 sqft 0.22 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value:

$250,000

0.13 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$255,000

2,240 sqft

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value:

$250,000

0.07 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$175,000

1,508 sqft 0.07 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$1,150,000

24,000 sqft 0.14 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value:

$250,000

0.07 AC lot

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$130,000

432 sqft 0.14 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value: by Request

Herrick, IL 62431

COMMERCIAL (GENERAL)

Herrick, IL 62431

Estimated value:

$265,000

0.94 AC lot

Herrick, IL 62431

VACANT COMMERCIAL LAND

Herrick, IL 62431

Estimated value: by Request

Herrick, IL Commercial Real Estate Market Trends and Statistics

Explore 24 commercial real estate for sale in Herrick, IL on our real estate platform.

Sale prices for business properties in Herrick, IL average $52,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 777

Population Growth (5Y) -26.3%

Median Household Income $71,000

College Educated 9.7%

High-Yield Neighborhoods for Investment

Identify Herrick submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
62431	$52K

Taxes & Financing

Tax Rate (average for all types) 8.70%

Property Tax per SF $79.61 per SF

Average Loan-to-Value 65.0%

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