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    200 Park Ave Herrin, IL 62948

    • Retail properties
    For Sale
    View listing
    $1,400,000
    Value Estimation
    Location Intelligence

    Current Use by Public Records

    • Retail properties

    Property Details for 200 Park Ave

    Year built
    1910
    Property type
    Retail properties
    Property subtype
    Office Properties & Spaces

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Herrin
    County
    Williamson
    State
    Illinois
    Longitude
    -89.0272
    Latitude
    37.8045

    Comparable in this City

    • Value Estimation by Request

      521 Park Ave

      Retail properties
      521 Park Ave, Herrin, IL 62948
      View Details
    • Value Estimation by Request

      1520 14Th St

      Office Properties & Spaces
      1520 14Th St, Herrin, IL 62948
      View Details
    • Value Estimation by Request

      Tbd Rte 148 Hwy

      Land
      0 Tbd Rte 148 Hwy, Herrin, IL 62948
      View Details
    • Value Estimation by Request
      2.97 Acres

      2709 Park Ave

      Land • 2.97 Acres
      2709 Park Ave, Herrin, IL 62948
      View Details
    • Value Estimation by Request

      Clark Trl St

      Land
      0 Clark Trl St, Herrin, IL 62948
      View Details
    • Value Estimation by Request
      3,992 SF

      109 Lou Ann Dr

      Office Properties & Spaces • 3,992 SF
      109 Lou Ann Dr, Herrin, IL 62948
      View Details

    Similar Nearby for Sale

    • $1,400,000

      Herrin, IL Historic Investment

      Historic building, 5 units, high income potential.
      200 Park Ave, Herrin, IL 62948
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    • $499,000
      10,000 SF

      Herrin, IL Mixed-Use Investment

      11-Unit Apartment Building, High Visibility
      110 Cherry St, Herrin, IL 62948
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    • $425,000

      Herrin, IL Commercial Property Investment

      Historic Downtown Herrin Mixed-Use Building
      521 Park Ave, Herrin, IL 62948
      View Details
    • $120,000

      Herrin, IL Commercial Property Duo

      Prime location, high-potential investment.
      211 Park Ave, Herrin, IL 62948
      View Details
    • $499,000
      0.11 Acres

      Mixed-Use Building in Herrin, IL

      Large mixed-use building with commercial and residential leasing opportunities.
      110 W Cherry St, Herrin, IL 62948
      View Details
    • $159,000

      Herrin, IL Commercial Warehouse

      Downtown Corner Lot, $159,000
      201 Park Ave, Herrin, IL 62948
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      60,000 SF

      Herrin, IL Warehouse Space

      60,000 SF Rail-Served Warehouse, 37 Acres
      2405 Herrin St, Herrin, IL 62948
      View Details
    • Contact for pricing
      65,176 SF

      Herrin Industrial Space Available

      263,123 SF industrial space with loading docks and drive-in doors.
      410 E Lyerla Dr, Herrin, IL 62948
      View Details
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    200 Park Ave
    Herrin, IL 62948
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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
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