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    1000 Hanson St Murphysboro, IL 62966

    Sponsored
    For Sale
    $169,900

    Prime Office w/ Rental Income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional Murphysboro, IL property, located at 1000 Hanson Street, presents a unique investment opportunity. The 1930-built, single-building property offers a versatile and spacious office space ideal for various professional uses. The building boasts large, bright offices perfect for productivity and collaboration, complemented by multiple private offices, a welcoming reception area, and dedicated conference rooms. A finished basement provides additional flexible space. Ample on-site parking is a significant advantage, especially given its proximity to the town center. Adding to its appeal is a fully functional, two-bedroom rental unit at the rear of the building, currently leased until July 31, 2025, generating consistent rental income. This income stream offers a valuable offset to operating costs or serves as a supplemental investment return. The property's prime location near downtown Murphysboro (zip code 62966), coupled with easy access to major roadways, makes it an exceptionally attractive investment. The asking price for this income-producing property is $169,900. This is a rare opportunity to acquire a versatile commercial property with significant income potential in a desirable location. Don't miss out on this chance to own a piece of Murphysboro's thriving commercial landscape.

    Property Features for 1000 Hanson St

    General Information

    Property type
    Office Properties & Spaces

    Building Details

    Year Built
    1930
    Buildings
    1

    HighLights

    • $169,900 asking price.
    • 1930‑built, 1‑building commercial property on 1000 Hanson Street, Murphysboro, IL 62966.
    • Land and office property with flexible layout suitable for various professional uses.
    • Features multiple offices, reception area, conference rooms, and a finished basement.
    • Abundant on‑site parking.
    • Includes a 2‑bedroom rental unit with a lease expiring July 31, 2025, generating supplemental income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murphysboro
    County
    Jackson
    State
    Illinois
    Longitude
    -89.3344551
    Latitude
    37.7667807

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office w/ Rental Income
    Where is this office property / space located?
    The property is located at 1000 Hanson St Murphysboro, IL.
    What is the asking price?
    The asking price for this property is $169,900.
    What are key features of this property?
    This property features: $169,900 asking price.; 1930-built, 1-building commercial property on 1000 Hanson Street, Murphysboro, IL 62966.; Land and office property with flexible layout suitable for various professional uses.
    Request Owner's contact information
    1000 Hanson St Murphysboro, IL 62966
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    Murphysboro, IL 62966
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1000 Hanson St Murphysboro, IL 62966
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