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Mixed-Use Building with Apartments
For Sale
$499,000

110 W Cherry St, Herrin, IL 62948

Two-level property combines leased apartments with flexible office and retail suites along Park Avenue.

Property Size10,000 SF
Price / SF$49.90
Days on Market14

Property Features for 110 W Cherry St

General Information

Standard status Active
Size 10,000 SF

Additional Details

Road Access Yes

Building Details

Year Built 1920
Buildings 1
Tenancy Multi
Listing Agency: PROPERTY WITH TLC, LLC
Listed By: Teresa Camarato · License #471001948
Source: Realtopiare
Added: Aug 17 Changed: Aug 28 Last Checked: Aug 29 at 12:22PM

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 PROPERTY WITH TLC, LLC

Investment Insights

Based on property information with market context.

Constructed in 1920, this 10,000-square-foot mixed-use building includes four upstairs apartments and seven smaller commercial locations on the ground floor. All four apartments are currently rented, while some office or retail spaces are vacant. The commercial areas can accommodate office or retail occupancy, subject to the applicable arrangements.

The property is addressed at 110 W Cherry St in Herrin, Illinois, and the building faces Park Avenue (Route 148). Parking is available along one side of the street, with a city parking lot on the opposite side. The layout combines residential income with multiple commercial areas within one property.

Key Highlights

  • 10,000‑square‑foot mixed‑use building constructed in 1920
  • Four upstairs apartments, all currently rented
  • Seven ground‑floor office or retail locations

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Restaurant Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

568
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines leased apartments with flexible office and retail suites along Park Avenue.
Where is this mixed-use property located?
The property is located at 110 W Cherry St Herrin, IL.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 10,000‑square‑foot mixed‑use building constructed in 1920; Four upstairs apartments, all currently rented; Seven ground‑floor office or retail locations
More about this property
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