Industrial

Herrick, IL Industrial Properties for Sale

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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
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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 6 Potential Opportunities for your consideration. Besides 2 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 Distribution Building
Three-Story Flex Distribution Building

407 W Ryder St, Litchfield, IL 62056

$350,000
20,000 sqft

Three-story building with over 20,000 SF, office-ready first floor with bathrooms, plus two additional full floors.

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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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Large Industrial Manufacturing Facility
Large Industrial Manufacturing Facility

515 W Main St, Teutopolis, IL 62467

Contact for pricing
90,000 sqft

Large-scale industrial facility designed for manufacturing, processing, or bulk storage with truck access and yard use.

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Industrial Facility with Yard Access
Industrial Facility with Yard Access

515 W Main St, Teutopolis, IL 62467

Contact for pricing
90,000 sqft

Large industrial facility designed for manufacturing, processing, or bulk storage with truck access and yard use.

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Herrick, IL Industrial Properties Market Trends and Statistics

Explore 2 industrial properties 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 $104,000.

Sale prices for industrial buildings 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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