Mixed-Use Building with Retail
For Sale
$250,000
109 W Monroe Street, Herrin, IL 62948
The property combines two upstairs apartments with ground-level commercial space.
Property Size3,950 SF
Price / SF$63.29
Days on Market175
Property Features for 109 W Monroe Street
General Information
Standard status
Active
Size
3,950 SF
Property subtype
Commercial
Zoning
Commercial
Lease Term
Yearly Renewal
Additional Details
Gross Income
$20,100
Office Units
1
Taxes and HOA fees
Annual Taxes
$3,421
Building Details
Building Size
3,950 SF
Buildings
1
Tenancy
Multi
Listing Agency:
Southern Illinois Realty Experts - Herrin
(618) 988-2323
Listed By:
Melanie Harp · License #478025788
Source:
Shawneehillsrealestate
Added: Mar 9
Changed: Aug 30
Last Checked: Jul 8 at 11:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Southern Illinois Realty Experts - Herrin
Investment Insights
Based on property information with market context.
This 3,950-square-foot mixed-use building includes two one-bedroom, one-bath apartments on the upper level and approximately 2,000 square feet of commercial area at ground level. The apartments are currently rented, while the commercial portion is available for occupancy or leasing.
Located at 109 W Monroe Street in Herrin, Illinois, the property carries Commercial zoning. The ground-floor area has previously operated as a cake business and is identified as suitable for bakery, retail, office, or specialty business use. The configuration places residential units and business space within one building, offering separate components for residential and commercial occupancy.
Located at 109 W Monroe Street in Herrin, Illinois, the property carries Commercial zoning. The ground-floor area has previously operated as a cake business and is identified as suitable for bakery, retail, office, or specialty business use. The configuration places residential units and business space within one building, offering separate components for residential and commercial occupancy.
Key Highlights
- 3,950‑square‑foot mixed‑use building at 109 W Monroe Street, Herrin, IL 62948
- Two upstairs apartments, each with 1 bedroom and 1 bathroom
- Approximately 2,000 square feet of ground‑level commercial space
Property Analytics
Property Profile
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
557
Businesses Nearby
Explore this area
Business Placement
Demographics for 62948, IL
12,536
Population
6,177
Households
2
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
20.0 sq mi
ZIP Area
627
Density / Sq Mi
$59,031
Median Household Income
$40,633
Median Earnings
$1,010
Median Rent
$112,400
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines two upstairs apartments with ground-level commercial space.
Where is this mixed-use property located?
The property is located at 109 W Monroe Street Herrin, IL.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 3,950‑square‑foot mixed‑use building at 109 W Monroe Street, Herrin, IL 62948; Two upstairs apartments, each with 1 bedroom and 1 bathroom; Approximately 2,000 square feet of ground‑level commercial space
