High-visibility office building, prime downtown location.
Property size:
1,200 SF
Description
Added:
Feb 3, 2025
Days on Market:
316
This 1,200 square foot office building presents a fantastic opportunity in the heart of Goreville, Illinois. Located on West Main Street, this property boasts exceptional visibility and convenient access to a variety of amenities. The building has been professionally owned and meticulously maintained, ensuring a move-in ready condition for the new owner. Ample parking is available, with spaces along Main Street, designated asphalt parking in the rear, and proximity to a free municipal parking lot on Route 37. The location offers unparalleled convenience, with easy walking distance to the Post Office, City Hall, a bank, Subway, Wiffle Boys Pizza, Longhorn Cafe, and the Rural Health facility. A short walk or drive will take you to City Park, Goreville Schools, The Market, a Mexican restaurant, a pharmacy, DG, and Acee's Market & Deli. The strategic location, approximately 3 miles from both I-57 and I-24, provides effortless commuting to Marion, SIU-Carbondale, and Paducah, Kentucky. Furthermore, the property enjoys a picturesque setting, surrounded by the natural beauty of Ferne Clyffe State Park, Lake of Egypt, the Tunnel Hill Bike Trail, and Shawnee National Forest. This exceptional property offers a blend of convenience, accessibility, and natural surroundings, making it an ideal investment in the thriving community of Goreville, known as "The Crossroads of Southern Illinois." The asking price is $140,000.
Commercial real estate - High-visibility office building, prime downtown location.
Where is this commercial real estate located?
The property is located at 112 Main St Goreville, IL.
What is the asking price?
The asking price for this property is $140,000.
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112 Main St Goreville, IL 62939
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112 Main St Goreville, IL 62939
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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.
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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.
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112 Main St Goreville, IL 62939
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112 Main St, Goreville, IL
Michael Walker
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112 Main St, Goreville, IL
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112 Main St, Goreville, IL
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