Herrick, IL Commercial Real Estate for Sale

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Herrick Commercial Property For Sale
Updated: Sep 12, 2025
Herrick Commercial Property For Sale

18 Broadway Street, Herrick, IL 62431

$52,000
1,600 sqft · 0.82 AC lot
Almost 1 acre of ground suitable for heavy equipment storage rental.
Renovated 20x60 garage and new 20x20 office space.
Commercial electric and water line in place; wired for furnace.
Building plumbed for two separate bathrooms.
Metal siding and roof, OSB wrapped inside and out, insulated windows.
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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.

Three-Story Mixed-Use Building
Three-Story Mixed-Use Building

612 W Gallatin Street, Vandalia, IL 62471

$800,000
20,700 sqft · 0.53 AC lot

1924 three-story building with elevator service, multiple stairways, and adaptable interiors for office or residential configurations.

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Downtown Three-Story Commercial Building
Downtown Three-Story Commercial Building

612 W Gallatin St, Vandalia, IL 62471

$800,000
20,700 sqft

20,700 sq ft three-story building in downtown area.

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Corner Automotive Sales Building
Corner Automotive Sales Building

200 E 1st St, Pana, IL 62557

$105,000
1,110 sqft

Corner lot building on a busy commercial corridor, currently operated as an auto sales property.

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11.41 Acre Development Site
11.41 Acre Development Site

US 51 & Rte 16, Pana, IL

$1,200,000
11.40 AC lot

11.41-acre commercial land for sale, C2 zoning, will divide.

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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

Value Estimation by Request
3,200 sqft · 0.14 AC lot
View details
Herrick, IL 62431
VACANT COMMERCIAL LAND

Herrick, IL 62431

Value Estimation by Request
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

Value Estimation by Request
0.07 AC lot
View details
6 Broadway St
COMMERCIAL (GENERAL)

6 Broadway St, Herrick, IL 62431-1301

Value Estimation by Request
2,016 sqft · 0.18 AC lot
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3 Broadway St
COMMERCIAL (GENERAL)

3 Broadway St, Herrick, IL 62431-1014

Value Estimation by Request
2,160 sqft · 0.07 AC lot
View details
2 Broadway St
COMMERCIAL (GENERAL)

2 Broadway St, Herrick, IL 62431-1301

Value Estimation by Request
896 sqft · 0.17 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
1,536 sqft · 0.14 AC lot
View details
Herrick, IL 62431
VACANT COMMERCIAL LAND

Herrick, IL 62431

Value Estimation by Request
0.29 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
0.26 AC lot
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2nd St
COMMERCIAL (GENERAL)

2nd St, Herrick, IL 62431

Value Estimation by Request
2,900 sqft · 0.29 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
1,200 sqft · 0.14 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
2,250 sqft · 0.22 AC lot
View details
Herrick, IL 62431
VACANT COMMERCIAL LAND

Herrick, IL 62431

Value Estimation by Request
0.13 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
2,240 sqft
View details
Herrick, IL 62431
VACANT COMMERCIAL LAND

Herrick, IL 62431

Value Estimation by Request
0.07 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
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

Value Estimation by Request
0.07 AC lot
View details
Herrick, IL 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
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 62431
COMMERCIAL (GENERAL)

Herrick, IL 62431

Value Estimation by Request
0.94 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 24 commercial real estate for sale in Herrick, IL on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $52,000.

Sale prices for business properties in Herrick, IL start at $52,000, averaging $52,000, and reaching up to $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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