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Leased Office Units
For Sale
$85,000

124 Keating St., Shipman, IL 62685

Commercial Sale, Shipman, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market97

Property Features for 124 Keating St.

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active
APN 22-00-578-00
Lot size 0.21 Acres

Taxes and HOA fees

Tax Annual Amount 264

Utilities

Heating system Natural Gas, Forced Air

Amenities

carport
portable storage sheds

Building Details

Year built 1960
Flooring type Laminate
Building materials Masonite
Roof type Asphalt
Listing Agency: GOODMAN AGENCY INC
Listed By: Amy Pocklington
Added: Jun 22 Changed: Sep 4 Last Checked: Sep 26 at 8:06PM
MLS# 11841312

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office property at 124 Keating St. includes an existing building with laminate flooring, Masonite construction, an asphalt roof, and natural gas forced-air heating. The building is currently leased and is being offered in as-is condition.

Additional site improvements include a carport and two portable storage sheds, providing covered parking and separate storage capacity. Constructed in 1960, the property occupies 0.2076 acres in Shipman, Illinois, within Macoupin County.

Key Highlights

  • Currently leased office property
  • Carport included
  • Two portable storage sheds

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service

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

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 62685, IL

1,814
Population
731
Households
2.5
Avg Household Size
48
Median Age
21%
College-Educated
88%
High-School Grad
81.9 sq mi
ZIP Area
22
Density / Sq Mi
$63,750
Median Household Income
$42,438
Median Earnings
$116,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Office units - Existing occupancy supports continued office use or repositioning for a new business.
Where is this office units located?
The property is located at 124 Keating St. Shipman, IL.
What is the asking price?
The asking price for this property is $85,000.
What are key features of this property?
This property features: Currently leased office property; Carport included; Two portable storage sheds
More about this property
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