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

400 S Broadway, Goreville, IL 62939

The building includes a large main area, an office, and five apartments with varied bedroom layouts.

Property Size5,760 SF
Price / SF$59.03
Days on Market40

Property Features for 400 S Broadway

General Information

Standard status Active
Size 5,760 SF

Units

Unit Mix 1 x apartment, 2 x 1BR, 2 x 2BR
Multifamily Units 5

Building Details

Year Built 2007
Tenancy Multi
Listing Agency: PROPERTY WITH TLC, LLC
Listed By: Teresa Camarato · License #471001948
Source: Realtopiare
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 1:04PM

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.

Built in 2007, this 5,760-square-foot mixed-use property combines a large primary area with a separate office area and residential units. The apartment component includes one unit on the lower level and four units upstairs.

The upstairs layout consists of two 1-bedroom apartments and two 2-bedroom apartments. The property is located at 400 S Broadway in Goreville, Illinois, providing a defined combination of commercial and residential space within one building.

Key Highlights

  • 5,760‑square‑foot mixed‑use property
  • Built in 2007
  • Large primary area with a separate office area

Property Analytics

Current Use

Mixed-use properties

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.

Lease Details

5
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

94
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The building includes a large main area, an office, 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: 5,760‑square‑foot mixed‑use property; Built in 2007; Large primary area with a separate office area
More about this property
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