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    Herrick, IL

    Herrick, IL Commercial Real Estate for Sale

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    Pana, IL Ramsey, IL Tower Hill, IL Beecher City, IL Saint Elmo, IL Shelbyville, IL Altamont, IL Nokomis, IL
    Flex Space with Renovated Garage
    Updated: Sep 12, 2025
    Flex Space with Renovated Garage

    18 Broadway Street, Herrick, IL 62431

    $52,000
    0.82 AC lot
    0.821‑acre commercial property at 18 Broadway Street in Herrick, IL 62431
    20‑by‑80‑foot building with new 20‑by‑20 office space and renovated 20‑by‑60 garage
    Ground previously rented for central heavy‑equipment storage
    Plumbed for two separate bathrooms and wired for furnace
    Commercial electric and water line in place
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    Renovated Garage Flex Space
    Updated: Sep 12, 2025
    Renovated Garage Flex Space

    18 Broadway Street, Herrick, IL 62431

    $52,000
    1,600 sqft
    20 x 80 flex‑space building constructed in 1900
    All‑new 20x20 office space paired with a renovated 20x60 garage
    Plumbed for two separate bathrooms
    Almost 1 acre of ground previously rented for heavy equipment storage
    Commercial electric and water line in place
    View details
    Flat Farmland Tract
    Flat Farmland Tract

    3050 North 3050n, Herrick, IL 62431

    $300,000
    1,742,400 sqft 40.00 AC lot

    A 40-acre tract with mostly Bluford soil and generally flat topography.

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    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 30 Potential Opportunities for your consideration. Besides 3 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.

    Car Repair Shop with Office
    Car Repair Shop with Office

    719 Jackson St, Pana, IL 62557

    $224,900
    4,200 sqft

    Automotive repair shop includes three bays and an office within a 35-by-120 building.

    View details
    Leased Office Building with Parking
    Leased Office Building with Parking

    1819 W Main St, Shelbyville, IL 62565

    $174,900

    Well-maintained leased office space offering flexible floor plans and parking at 1819 W Main St.

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    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.

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    Drive-Through Restaurant Opportunity
    Drive-Through Restaurant Opportunity

    108 E 4th St, Pana, IL 62557

    $59,900

    Restaurant property with inside seating and a drive-up window for customer orders.

    View details

    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

    $250,000
    Estimated value
    3,200 sqft 0.14 AC lot
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    $240,000
    Estimated value
    0.43 AC lot
    View details
    18 Broadway St
    Retail properties & Spaces

    18 Broadway St, Herrick, IL 62431

    Value Estimation by Request
    2,026 sqft
    View details
    3 Broadway St
    COMMERCIAL (GENERAL)

    3 Broadway St, Herrick, IL 62431

    $260,000
    Estimated value
    0.07 AC lot
    View details
    6 Broadway St
    COMMERCIAL (GENERAL)

    6 Broadway St, Herrick, IL 62431-1301

    $255,000
    Estimated value
    2,016 sqft 0.18 AC lot
    View details
    3 Broadway St
    COMMERCIAL (GENERAL)

    3 Broadway St, Herrick, IL 62431-1014

    $205,000
    Estimated value
    2,160 sqft 0.07 AC lot
    View details
    2 Broadway St
    COMMERCIAL (GENERAL)

    2 Broadway St, Herrick, IL 62431-1301

    $150,000
    Estimated value
    896 sqft 0.17 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $175,000
    Estimated value
    1,536 sqft 0.14 AC lot
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    $245,000
    Estimated value
    0.29 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $260,000
    Estimated value
    0.26 AC lot
    View details
    2nd St
    COMMERCIAL (GENERAL)

    2nd St, Herrick, IL 62431

    $235,000
    Estimated value
    2,900 sqft 0.29 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $250,000
    Estimated value
    1,200 sqft 0.14 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $205,000
    Estimated value
    2,250 sqft 0.22 AC lot
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    $250,000
    Estimated value
    0.13 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $255,000
    Estimated value
    2,240 sqft
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    $250,000
    Estimated value
    0.07 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $175,000
    Estimated value
    1,508 sqft 0.07 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $1,150,000
    Estimated value
    24,000 sqft 0.14 AC lot
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    $250,000
    Estimated value
    0.07 AC lot
    View details
    Herrick, IL 62431
    COMMERCIAL (GENERAL)

    Herrick, IL 62431

    $130,000
    Estimated value
    432 sqft 0.14 AC lot
    View details
    Herrick, IL 62431
    VACANT COMMERCIAL LAND

    Herrick, IL 62431

    Value Estimation by Request
    View details

    Herrick, IL Commercial Real Estate Market Trends and Statistics

    Explore 26 commercial real estate for sale in Herrick, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 1,744,000 square feet of properties for sale, with an estimated market value of $404,000.

    Sale prices for business properties in Herrick, IL start at $52,000, averaging $134,666, and reaching up to $300,000 — 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 $134.7K

    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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