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Leased Office Building with Storage
For Sale
$85,000

124 Keating St., Shipman, IL 62685

COMMERCIAL - Shipman, IL

Property SizeContact for details
Lot Size0.21 Acres
Days on Market60

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 Forced Air, Natural Gas

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: Aug 4 Last Checked: Aug 20 at 4:06PM
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 commercial office building is offered for sale as-is. The property is currently leased, providing an existing tenant in place. In addition to the office space, the offering includes a carport and two portable storage sheds that can support day-to-day storage needs.

The property is located at 124 Keating St. in Shipman, Illinois, within Macoupin County. The listing does not provide additional details on frontage or nearby tenants, but the building is positioned as a straightforward, self-contained option for an office use.

For buyers seeking an office property, this may fit as a continuation of the existing leased setup or as space for an owner-occupant business. The included carport and portable storage sheds add practical utility for users who need extra covered parking and additional storage capacity on site. A buyer should plan to evaluate the building condition and fit for their intended office use during due diligence, given the property is being sold as-is.

Key Highlights

  • Commercial building in Shipman currently leased
  • Year built: 1960
  • Heating: natural gas forced air

Property Analytics

Current Use

Office buildings

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

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Office building offered for sale with an existing lease and on-site carport and storage sheds.
Where is this office building 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: Commercial building in Shipman currently leased; Year built: 1960; Heating: natural gas forced air
More about this property
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