Building Details

Year built 1900

Floors in Building 1

Number of units 1

Listing Agency: RYAN DALLAS REAL ESTATE h***@ryandallas.net Show Phone

Listed By: Ryan Dallas · License #475143433 Show Phone

Added: Sep 12, 2025 Changed: Aug 20 Last Checked: Aug 22 at 2:06PM

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MLS# 12470459

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Investment Insights

Based on property information with market context.

This 1900 commercial property combines newly built office space with a renovated garage in a flexible 20-by-80-foot building. The interior and exterior have OSB wrapping, insulated windows, metal siding, and a metal roof. The building is plumbed for two separate bathrooms, includes central air, and is wired for a furnace.

The 0.821-acre property at 18 Broadway Street in Herrick, Illinois, includes commercial electric service and a water line. The surrounding ground has previously been rented for centralized heavy-equipment storage, adding an established commercial use to the office and garage configuration. The site’s former train-station identity remains part of the property’s history.

Key Highlights

• 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

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Cafe & Coffee Shop Hair Salon Nail Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

34

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 62431, IL

1,043

Population

461

Households

2.3

Avg Household Size

43

Median Age

8%

College-Educated

89%

High-School Grad

55.1 sq mi

ZIP Area

19

Density / Sq Mi

$71,000

Median Household Income

$41,691

Median Earnings

$625

Median Rent

$109,500

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Flex space - Commercial electric, water service, office improvements, and prior heavy-equipment storage use support varied operations.

Where is this flex space located?

The property is located at 18 Broadway Street Herrick, IL.

What is the asking price?

The asking price for this property is $52,000.

What are key features of this property?

This property features: 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