Flex Space

Herrick, IL Flex Space 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 9 Potential Opportunities for your consideration. Besides 1 Active listings in Herrick, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Modern Flex Space For Sale
Modern Flex Space For Sale

3121 Marshall Ave, Mattoon, IL 61938

$315,000
2,448 sqft

Flex space building constructed in 2017 with high traffic location.

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Versatile Office/Warehouse on Corner Lot
Versatile Office/Warehouse on Corner Lot

305 Forest Dr, Highland, IL 62249

$719,000
2,300 sqft · 2.12 AC lot

2,196 SF office/warehouse with flexible space and industrial zoning.

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Versatile Commercial Space with Visibility
Versatile Commercial Space with Visibility

701 N 22nd St, Mattoon, IL 61938

$114,000
0.23 AC lot

Commercial storefront with overhead doors and high traffic visibility.

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Shovel Ready Commercial Sites
Shovel Ready Commercial Sites

U.S. Hwy 40 & Commerce Lane, Highland, IL 62249

Contact for pricing
1,131,253 sqft · 17.00 AC lot

Commercial sites with utilities, roads, and water detention.

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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.

Industrial Redevelopment Land Site
Industrial Redevelopment Land Site

1744 S County Road 1050 E, Indianapolis, IN 46231

$650,000
4.24 AC lot

Redevelopment land totaling 4.24 acres zoned for industrial use with utilities on or near the site and access potential.

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Build-Ready Light Industrial Land
Build-Ready Light Industrial Land

Legeay Ln., Paducah, KY 42001

$749,900
35.31 AC lot

Level, cleared acreage zoned ML for light industrial development with direct planning readiness.

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Orland Park Commercial Parcel
Orland Park Commercial Parcel

15459 S 70th Court, Orland Park, IL 60462

$449,900
1.10 AC lot

1.01-acre commercial parcel in Orland Park's Business District.

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Orland Park Industrial Land Available
Orland Park Industrial Land Available

15459 S 70th Court, Orland Park, IL 60462

$449,900
1.10 AC lot

1.1 acre industrial land for sale in Orland Park.

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Herrick, IL Flex Space Market Trends and Statistics

Explore 1 flex space 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 spaces 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Flex space 1

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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