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    206 Rushing Dr Herrin, IL 62948

    For Sale
    $1,500,000

    Three buildings, 2.85 acres, high traffic.

    Property size:
    22,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial investment opportunity encompasses three buildings totaling 22,000 square feet situated on a prime 2.85-acre lot at the highly visible corner of Route 13 West and Route 148 in Herrin, Illinois. The property's strategic location ensures excellent visibility and accessibility for businesses. The buildings offer diverse possibilities for a variety of uses. One building, previously a daycare center, features a layout well-suited for conversion back to a daycare, potentially benefiting from existing features such as a commercial kitchen and ample space for playground equipment. Another building's past use as a health club suggests adaptability for fitness-related businesses or other ventures requiring office and recreation areas. Currently, a medical supply company leases the third building, providing a stable income stream. The individual addresses of the three buildings are 200, 204, and 206 Rushing Drive, offering flexibility for separate leasing or unified operation. This property presents a unique chance to acquire a substantial commercial portfolio in a desirable location with significant potential for growth and diverse income streams. The asking price is $1,500,000.

    Property Features for 206 Rushing Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    22,000 SF
    Lot Size
    124,146 SF

    Building Details

    Year Built
    1985
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Herrin
    County
    Williamson
    State
    Illinois
    Longitude
    -89.02427
    Latitude
    37.74571

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    FAQs

    What type of property is this?
    Commercial real estate - Three buildings, 2.85 acres, high traffic.
    Where is this commercial real estate located?
    The property is located at 206 Rushing Dr Herrin, IL.
    What is the asking price?
    The asking price for this property is $1,500,000.
    Request Owner's contact information
    206 Rushing Dr Herrin, IL 62948
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    206 Rushing Dr Herrin, IL 62948
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