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Mixed-Use Property with Apartments
For Sale
$340,000

400 S BROADWAY, Goreville, IL 62939

2007-built building combines a large commercial area, office space, and five apartments with varied bedroom layouts.

Property Size5,760 SF
Days on Market1010

Property Features for 400 S BROADWAY

General Information

Standard status Active
Size 5,760 SF
Property subtype Commercial
Zoning comme

Taxes and HOA fees

Annual Taxes $7,489

Building Details

Building Size 5,760 SF
Year Built 2007
Stories 2
Units 8
Listing Agency: PROPERTY WITH TLC, LLC
Listed By: Teresa Camarato · License #471001948
Source: Ozmentrealestate
Added: Nov 6, 2023 Changed: Aug 11 Last Checked: Aug 11 at 7:12AM

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 2007, this mixed-use property combines a substantial open area with a dedicated office area and residential apartments. The lower level includes one apartment, while the upper floor contains four additional apartments: two one-bedroom units and two two-bedroom units.

The property is located at 400 S Broadway in Goreville, Illinois. Its combination of commercial areas, office space, and five apartments creates a varied layout within one building, with residential space distributed across both levels.

Key Highlights

  • 2007 construction
  • Large primary area plus a separate office area
  • Five apartments across two levels

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Real Estate Agency Auto Parts Store Storage Facility Garden Center Hair Salon Pharmacy

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

30
Businesses Nearby

Demographics for 62939, IL

3,129
Population
1,691
Households
1.9
Avg Household Size
46
Median Age
35%
College-Educated
94%
High-School Grad
44.7 sq mi
ZIP Area
70
Density / Sq Mi
$67,719
Median Household Income
$41,756
Median Earnings
$848
Median Rent
$161,000
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 - 2007-built building combines a large commercial area, office space, and five apartments with varied bedroom layouts.
Where is this mixed-use property located?
The property is located at 400 S BROADWAY Goreville, IL.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 2007 construction; Large primary area plus a separate office area; Five apartments across two levels
More about this property
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