Storefront Property with Prime
For Sale
$105,000
1112 S Park Avenue, Herrin, IL 62948
Small storefront building on a 50 x 100 lot on a high-traffic corridor for flexible business use.
Property Size600 SF
Lot Size0.11 Acres
Price / SF$175
Days on Market352
Property Features for 1112 S Park Avenue
General Information
Standard status
Active
Size
600 SF
Lot size
0.11 Acres
Property subtype
Commercial
Additional Details
Asking Price
$105,000
Traffic Count
16,000 vehicles/day
Building Details
Building Size
600 SF
Buildings
1
Listing Agency:
Southern Illinois Realty Experts - Herrin
(618) 534-5524
Listed By:
Melanie Harp · License #478025788
(618) 534-5524
Source:
Craggsrealtors
Added: Aug 15, 2025
Changed: Jul 30
Last Checked: Aug 1 at 12:19PM
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 storefront property includes a 600 SF building on a 50 x 100 lot, positioned to support a wide range of small business uses. The space previously operated as a title loan facility, and the layout is well suited for concepts that benefit from customer traffic and straightforward retail or service operations. Potential uses noted include an insurance agency, nail or beauty shop, boutique retail, coffee kiosk or smoothie bar, cell phone sales or repair, tax preparation, a small office, and specialty retail.
The property is located on one of the busiest streets in town, with an estimated traffic count of approximately 16,000 vehicles per day, supporting strong day-to-day visibility. The building’s manageable size can be attractive for operators seeking a focused footprint with signage and storefront presence.
With its combination of visibility and flexible small-business compatibility, the property is a practical option for tenants and buyers looking for a retail-ready storefront configuration.
The property is located on one of the busiest streets in town, with an estimated traffic count of approximately 16,000 vehicles per day, supporting strong day-to-day visibility. The building’s manageable size can be attractive for operators seeking a focused footprint with signage and storefront presence.
With its combination of visibility and flexible small-business compatibility, the property is a practical option for tenants and buyers looking for a retail-ready storefront configuration.
Key Highlights
- 600 SF storefront building
- 50 x 100 lot size
- Approximately 16,000 vehicles per day traffic count
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $7.8k | $12.96 |
| − Vacancy | −$778 | −$1.30 |
| EGI | $7.0k | $11.66 |
| − OpEx | −$2.1k | −$3.50 |
| NOI | $4.9k | $8.16 |
600 SF · lease $12.96/SF/yr · vacancy 10.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$70.0K
$61.2K – $81.7K
NOI $4,899 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$126.5K
$110.7K – $147.6K
NOI $8,854 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
16,000 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
343
Businesses Nearby
15k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Huck's
Shops & Services
14,906 visits/mo
0.4 miles
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 Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Les Marie Florist & Gifts — 1001 S Park Ave, Herrin, IL 62948
- Kroger Floral — 1609 S Park Ave, Herrin, IL 62948
Frequently Asked Questions
What type of property is this?
Storefront property - Small storefront building on a 50 x 100 lot on a high-traffic corridor for flexible business use.
Where is this storefront property located?
The property is located at 1112 S Park Avenue Herrin, IL.
What is the asking price?
The asking price for this property is $105,000.
What are key features of this property?
This property features: 600 SF storefront building; 50 x 100 lot size; Approximately 16,000 vehicles per day traffic count
