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    Main St Herscher, IL 60941

    For Sale
    $89,900

    Spacious office building, ideal for business growth.

    Property size:
    2,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property, located at 140 & 150 S Main Street in Herscher, Illinois, presents a fantastic opportunity for entrepreneurs and established businesses alike. The building offers a generous 2,400 square feet of space, thoughtfully divided into six to seven separate offices, providing ample room for individual workspaces or team collaboration. In addition to the office spaces, the property includes a dedicated storage area, ensuring efficient organization and ample room for supplies and equipment. Two half-bathrooms are conveniently located within the building. The property's robust infrastructure includes two separate furnaces, two independent air conditioning units, and two electric meters, guaranteeing efficient and reliable climate control and energy management. Hot water is provided on demand, ensuring consistent availability. The building is being sold "AS IS." A vacant lot adjacent to the property may also be available for purchase, offering potential for expansion or additional parking. This versatile property is perfectly suited for a variety of business needs, offering a blend of functionality and convenience in a desirable location. Its multiple offices, storage, and separate utilities make it an attractive option for businesses seeking to establish or expand their operations. Serious inquiries are encouraged.

    Property Features for Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    2,400 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Map

    City
    Herscher
    County
    Kankakee
    State
    Illinois
    Longitude
    -88.09761
    Latitude
    41.04851

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    FAQs

    What type of property is this?
    Office Property / Space - Spacious office building, ideal for business growth.
    Where is this office property / space located?
    The property is located at Main St Herscher, IL.
    What is the asking price?
    The asking price for this property is $89,900.
    (815) 939-1255
    Request Owner's contact information
    Main St Herscher, IL 60941
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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
    Main St Herscher, IL 60941
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