Search
Renovated Flex Building with Garage
For Sale
$52,000

18 Broadway Street, Herrick, IL 62431

Commercial Sale, Herrick, IL

Property Size1,600 SF
Lot Size0.82 Acres
Price / SF$32.50
Days on Market391

Property Features for 18 Broadway Street

General Information

Property type Commercial Sale
Property subtype Other
Directions East side of Broadway St, south of Main St
Subdivision Herrick
Standard status Active
APN 07231618307023
Lot size 0.82 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 714

Utilities

Cooling system Central Air

Building Details

Year built 1900
Floors in Building 1
Number of units 1
Listing Agency: RYAN DALLAS REAL ESTATE
Listed By: Ryan Dallas · License #475143433
Added: Sep 12, 2025 Changed: Aug 20 Last Checked: Oct 7 at 2:06AM
MLS# 12470459

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex-space property includes an approximately 20-by-80-foot building with a newly finished 20-by-20-foot office area and an updated 20-by-60-foot garage. The structure is plumbed for two separate bathrooms and includes insulated windows, metal siding, and a metal roof. Central air is installed, while the building is wired for a furnace. Commercial electric service and a water line are already in place.

The property occupies 0.821 acres at 18 Broadway Street in Herrick, Illinois. The land has previously accommodated heavy-equipment storage for businesses, providing an established commercial setting alongside the building. Constructed in 1900, the property also carries a documented connection to the community’s former train station.

Key Highlights

  • 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

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - The property includes office and garage areas with commercial electric and water service.
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: 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
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again