Flex Space

Herrick, IL Flex Space for Sale

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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
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Herrick, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

Three-Story Flex Space
Three-Story Flex Space

407 W Ryder Street, Litchfield, IL 62056

$299,900
0.96 AC lot

Office-ready ground level with bathrooms and two upper floors for additional uses.

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Industrial Warehouse with Loading Dock
Industrial Warehouse with Loading Dock

2122 N 27th Street, Decatur, IL 62526

$1,900,000
27,635 sqft 7.50 AC lot

Multi-purpose industrial facility with climate control, three-phase power, and adaptable space for production, storage, or distribution.

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Retail-Industrial Flex Buildings
Retail-Industrial Flex Buildings

400 N Martin Luther King Jr Dr, Decatur, IL 62523

Contact for pricing
20,800 sqft

Two combined buildings offer divisible retail-industrial flex space with multiple entrances and private restrooms.

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Flex Space with Warehouse Improvements
Flex Space with Warehouse Improvements

418 W Kirkham Street, Litchfield, IL 62056

$200,000

Versatile commercial space combines warehouse functionality with finished offices and support areas.

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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.

Sale prices for business spaces 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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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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