Search
Mixed-Use Property with Apartments
For Sale
$1,400,000

200 N Park Avenue, Herrin, IL 62948

Downtown commercial building with retail, additional commercial space, and five apartments.

Property Size24,000 SF
Price / SF$58.33
Days on Market780

Property Features for 200 N Park Avenue

General Information

Standard status Active
Size 24,000 SF
Property subtype Commercial
Zoning Commercial
Lease Term Month To Month

Taxes and HOA fees

Annual Taxes $14,616

Building Details

Building Size 24,000 SF
Year Built 1910
Buildings 3
Units 5
Listing Agency: Indigo Realty LLC
Listed By: Alysa Bunting
Source: Shawneehillsrealestate
Added: Jul 12, 2024 Changed: Aug 29 Last Checked: Aug 23 at 9:23AM

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 Indigo Realty LLC

Investment Insights

Based on property information with market context.

This mixed-use property at 200 N Park Avenue in Herrin combines substantial commercial space with residential units. The main level provides 12,000 square feet of open retail area with broad storefront windows, high ceilings, and original architectural elements. A further 3,800 square feet on the second floor supports commercial use, including office or studio space, while five apartments add a residential component. The property is zoned Commercial.

Positioned in downtown Herrin, the building places retail, commercial, and apartment space within an established central business setting. Its two-level configuration creates distinct areas for customer-facing operations, work space, and residential occupancy within one property.

Key Highlights

  • 12,000 square feet of open retail space on the main level
  • 3,800 square feet of second‑floor commercial space
  • Five apartments included in the property

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Spa & Massage Center Big Box & Wholesale Store

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

590
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial building with retail, additional commercial space, and five apartments.
Where is this mixed-use property located?
The property is located at 200 N Park Avenue Herrin, IL.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: 12,000 square feet of open retail space on the main level; 3,800 square feet of second‑floor commercial space; Five apartments included in the property
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message