Building Details

Tenancy Single

Listing Agency: Gershman Commercial Real Estate Show Phone

Listed By: Andy Bagy Show Phone

Source: Moodyscre

Added: Jan 14 Changed: Aug 20 Last Checked: Aug 20 at 4:27AM

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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 Gershman Commercial Real Estate

Investment Insights

Based on property information with market context.

Located at 511 S Main St in Harrisburg, Illinois, this bank property includes a branch facility with three drive-thru bays and an ATM. The asset is supported by a seven-year lease term and includes renewal options extending through October 2042.

The property is identified with a 10% cap rate and provides an established banking configuration with drive-thru service. Its branch layout and on-site transaction features are suited to continued financial-services use.

Key Highlights

• Three drive‑thru bays
• On‑site ATM
• Seven‑year lease term

Property Analytics

Property Profile

Current Use

Peoples National Bank Bank

Suggested Use

Top Pick Plumbing Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Daycare Center Computer & Electronic Repair Kitchen & Bath Showroom

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

565

Businesses Nearby

Explore this area Business Placement

Demographics for 62946, IL

12,235

Population

5,621

Households

2.2

Avg Household Size

43

Median Age

23%

College-Educated

87%

High-School Grad

145.6 sq mi

ZIP Area

84

Density / Sq Mi

$55,551

Median Household Income

$39,067

Median Earnings

$740

Median Rent

$97,500

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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Frequently Asked Questions

What type of property is this?

Bank - Lease-backed bank branch offering drive-thru service and on-site ATM access.

Where is this bank located?

The property is located at 511 S Main St Harrisburg, IL.

What is the asking price?

The asking price for this property is $1,236,000.

What are key features of this property?

This property features: Three drive‑thru bays; On‑site ATM; Seven‑year lease term