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Flex Warehouse with Office Buildout
For Sale
$52,000

18 Broadway Street, Herrick, IL 62431

Flex/warehouse building includes two separate bathroom plumbing, new offices, and a renovated garage on nearly one acre.

Property Size1,600 SF
Price / SF$32.50
Days on Market324

Property Features for 18 Broadway Street

General Information

Standard status Active
Size 1,600 SF
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1900
Listing Agency: Ryan Dallas Real Estate
Listed By: Ryan Dallas · License #475143433
Source: Shelbyrealty
Added: Sep 12, 2025 Changed: Jul 24 Last Checked: Jul 25 at 2:59PM

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 Ryan Dallas Real Estate

Investment Insights

Based on property information with market context.

This flex warehouse property features a building measuring 20 x 80 with plumbing in place for two separate bathrooms. The interior includes all-new 20 x 20 office space and a renovated 20 x 60 garage area. The structure is OSB wrapped inside and out, with insulated windows, metal siding, and a metal roof.

The property sits on almost one acre of ground that has been used in the past for central heavy equipment storage and has been rented to companies previously. Commercial electric and water lines are in place, and the property is wired for a furnace.

With office space and warehouse/garage configuration under one roof, the building is set up to support a range of light industrial or flex-style uses. The existing improvements and utilities provide a practical starting point for an owner-operator or buyer looking to re-purpose the asset.

Key Highlights

  • Year built 1900 historic train‑station building with flex/warehouse potential
  • Building footprint 20 x 80, plumbed for two separate bathrooms
  • New 20 x 20 office space plus renovated 20 x 60 garage

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Auto Repair Shop Grocery & Convenience Store Cafe & Coffee Shop Hair Salon Nail Salon 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.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

34
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62431, IL

1,043
Population
461
Households
2.3
Avg Household Size
43
Median Age
8%
College-Educated
89%
High-School Grad
55.1 sq mi
ZIP Area
19
Density / Sq Mi
$71,000
Median Household Income
$41,691
Median Earnings
$625
Median Rent
$109,500
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex/warehouse building includes two separate bathroom plumbing, new offices, and a renovated garage on nearly one acre.
Where is this flex space located?
The property is located at 18 Broadway Street Herrick, IL.
What is the asking price?
The asking price for this property is $52,000.
What are key features of this property?
This property features: Year built 1900 historic train‑station building with flex/warehouse potential; Building footprint 20 x 80, plumbed for two separate bathrooms; New 20 x 20 office space plus renovated 20 x 60 garage
More about this property
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