Flex Building with Office and
For Sale
$52,000
18 Broadway Street, Herrick, IL 62431
Commercial electric and water service are in place, with plumbing for two bathrooms.
Property Size1,600 SF
Price / SF$32.50
Days on Market16
Property Features for 18 Broadway Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Commercial
Site & Location
Outdoor Storage
Yes
Utilities to Site
Yes
Additional Details
Office Build-Out
400 SF
Office Units
1
Taxes and HOA fees
Annual Taxes
$713
Building Details
Year Built
1900
Buildings
1
Stories
1
Units
1
Building Size
1,600 SF
Construction
metal siding
Listing Agency:
RYAN DALLAS REAL ESTATE
(217) 351-4900
Listed By:
Ryan Dallas · License #475143433
Source:
Jjillrealtygroup
Added: Aug 15
Changed: Aug 29
Last Checked: Aug 29 at 3:53PM
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.
Built in 1900, this flex property includes a 20 x 80 building with a newly constructed 20x20 office area and a renovated 20x60 garage. The interior and exterior are OSB wrapped, while insulated windows, metal siding, and a metal roof contribute to the building’s enclosure. Commercial electric service and a water line are installed, and the property is wired for a furnace. Plumbing is configured for two separate bathrooms.
The site encompasses almost 1 acre in Herrick, Illinois. The grounds have previously supported heavy equipment storage, providing an established commercial use history for the land. Located at 18 Broadway Street, the property combines enclosed workspace, office accommodation, garage space, and outdoor storage area in one commercial asset.
The site encompasses almost 1 acre in Herrick, Illinois. The grounds have previously supported heavy equipment storage, providing an established commercial use history for the land. Located at 18 Broadway Street, the property combines enclosed workspace, office accommodation, garage space, and outdoor storage area in one commercial asset.
Key Highlights
- 20 x 80 building with office and garage areas
- New 20x20 office space
- Renovated 20x60 garage
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
34
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Commercial electric and water service are in place, with plumbing for two bathrooms.
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: 20 x 80 building with office and garage areas; New 20x20 office space; Renovated 20x60 garage
