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Leased Commercial Office Building
For Sale
Contact for pricing
Pending

3022-24 S Park Ave, Herrin, IL 62948

Leased office building with existing tenant agreements and maintained premises.

Property SizeContact for details
Days on Market142

Property Features for 3022-24 S Park Ave

General Information

Standard status Pending
Property subtype Office, Land
Listing Agency: CENTURY 21 House of Realty, Inc.
Listed By: Vicky Scoggins · License #IL
Source: Crexi
Added: Apr 11 Changed: Aug 22 Last Checked: Aug 29 at 10:49PM

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 CENTURY 21 House of Realty, Inc.

Investment Insights

Based on property information with market context.

This leased commercial office building at 3022-24 S Park Ave in Herrin, IL is currently under lease agreements with existing tenants. The property is described as being maintained, supporting ongoing building upkeep.

The listing emphasizes the stability of having leases in place and notes consistent rental income as part of the investment profile. Buyers should review the lease terms and tenant details during their due diligence to confirm the contractual structure and future income expectations.

Overall, this is a straightforward leased office asset positioned as a portfolio addition for investors seeking property income through in-place tenancy.

Key Highlights

  • Leased commercial office building with existing tenant agreements in place
  • Secure lease agreements with reputable tenants for consistent rental income
  • Maintained premises intended to help minimize maintenance costs

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency HVAC Service Auto Parts Store Hair Salon Storage Facility 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.

Location Intelligence

Trade Area within ½ mile

33
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
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Frequently Asked Questions

What type of property is this?
Office building - Leased office building with existing tenant agreements and maintained premises.
Where is this office building located?
The property is located at 3022-24 S Park Ave Herrin, IL.
What are key features of this property?
This property features: Leased commercial office building with existing tenant agreements in place; Secure lease agreements with reputable tenants for consistent rental income; Maintained premises intended to help minimize maintenance costs
More about this property
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