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Leased Office Unit
For Sale
$125,000

400 W Main Street, West Frankfort, IL 62896

Updated office suite with an open layout, four private offices, and an established H&R Block tenancy.

Property Size1,800 SF
Price / SF$69.44
Days on Market77

Property Features for 400 W Main Street

General Information

Standard status Active
Size 1,800 SF
Property subtype Commercial
Zoning COMMR

Taxes and HOA fees

Annual Taxes $5,078

Building Details

Building Size 1,800 SF
Year Built 1985
Listing Agency: COLDWELL BANKER J D THOMPSON
Listed By: Melissa Plant · License #471021640
Source: Shawneehillsrealestate
Added: Jun 15 Changed: Aug 29 Last Checked: Aug 29 at 1:13PM

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 COLDWELL BANKER J D THOMPSON

Investment Insights

Based on property information with market context.

This 1,800-square-foot office unit was built in 1985 and configured with an open work area plus four private offices measuring 10 by 10 feet each. Interior improvements include refreshed paint and carpet. Building systems have been updated with a roof installed in 2017, air conditioning replaced between 2016 and 2018, and a heater added in 2024. The property is zoned COMMR.

H&R Block has occupied the space for more than 12 years. The current lease runs for 5 years and includes a 10-year option. The owner handles water, mowing, and snow removal, with reimbursement from H&R Block Enterprises. The property is located at 400 W Main Street in West Frankfort, Illinois.

Key Highlights

  • 1,800‑square‑foot office unit at 400 W Main Street in West Frankfort, IL
  • H&R Block tenancy exceeding 12 years
  • Current 5‑year lease with a 10‑year option

Property Analytics

Current Use

H&R Block Tax Preparation

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) 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

434
Businesses Nearby

Demographics for 62896, IL

11,376
Population
5,271
Households
2.2
Avg Household Size
44
Median Age
15%
College-Educated
89%
High-School Grad
60.4 sq mi
ZIP Area
188
Density / Sq Mi
$55,528
Median Household Income
$35,716
Median Earnings
$720
Median Rent
$88,000
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
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Frequently Asked Questions

What type of property is this?
Office units - Updated office suite with an open layout, four private offices, and an established H&R Block tenancy.
Where is this office units located?
The property is located at 400 W Main Street West Frankfort, IL.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1,800‑square‑foot office unit at 400 W Main Street in West Frankfort, IL; H&R Block tenancy exceeding 12 years; Current 5‑year lease with a 10‑year option
More about this property
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