Mixed-Use Building With Retail
For Lease
$250,000
109 W Monroe Street, Herrin, IL 62948
Two upstairs one-bedroom apartments accompany a ground-floor commercial area suited to retail, office, bakery, or specialty use.
Space SizeContact for details
Days on Market26
Property Features for 109 W Monroe Street
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$3,421
Listing Agency:
Southern Illinois Realty Experts - Herrin
Listed By:
Melanie Harp (mharp@sirealtyexperts.com)
Source:
Curveyrealestate
Added: Aug 5
Changed: Aug 30
Last Checked: Aug 30 at 1:29AM
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 mixed-use building combines approximately 4,000 square feet with two distinct components. The ground level provides 2,000 square feet of commercial space available for a business or additional occupancy. The layout is suited to retail, office, bakery, and specialty-business applications, with a prior cake-business use noted for the commercial area.
Two one-bedroom, one-bath apartments are located upstairs and are currently rented. The property is positioned at 109 W Monroe Street in Herrin, Illinois, offering a combination of residential units and commercial space within one building. The configuration supports an owner-user, a separate commercial occupant, or a mixed-use operating plan, subject to applicable requirements.
Two one-bedroom, one-bath apartments are located upstairs and are currently rented. The property is positioned at 109 W Monroe Street in Herrin, Illinois, offering a combination of residential units and commercial space within one building. The configuration supports an owner-user, a separate commercial occupant, or a mixed-use operating plan, subject to applicable requirements.
Key Highlights
- Approximately 4,000‑square‑foot mixed‑use building
- 2,000 square feet of ground‑level commercial space
- Two upstairs 1‑bed/1‑bath apartments currently rented
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two upstairs one-bedroom apartments accompany a ground-floor commercial area suited to retail, office, bakery, or specialty use.
Where is this mixed-use property located?
The property is located at 109 W Monroe Street Herrin, IL.
What is the lease rate?
The lease rate is $250,000.
What are key features of this property?
This property features: Approximately 4,000‑square‑foot mixed‑use building; 2,000 square feet of ground‑level commercial space; Two upstairs 1‑bed/1‑bath apartments currently rented
