400 Broadway Goreville, IL 62939
- Commercial real estate
- 5,760 SF
- 0.25 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 400 Broadway
- Year built
- 2007
- Lot size
- 0.25 lot acres
- Property size
- 5,760 SF
- Property type
- Commercial real estate
Description
This versatile 5,760 square foot commercial property located at 400 S Broadway, Goreville, IL, presents a unique investment opportunity. Situated on a 0.25-acre lot, the building offers a substantial amount of space ideal for a variety of uses. The main level features a large open area perfect for retail, warehousing, or a workshop, complemented by a dedicated office space. Adding to its income potential, a one-bedroom apartment is conveniently located on the ground floor. Upstairs, the building boasts four additional residential units, providing a steady stream of rental income. Two of these units are one-bedroom apartments, while the other two offer two bedrooms each. The property is priced at $340,000 and offers significant potential for both commercial and residential income generation. The combination of commercial and residential space makes this a truly unique and attractive investment opportunity in the Goreville market. This property is ready for immediate occupancy and offers a strong return on investment. The building's size and layout provide flexibility for a variety of business ventures and rental strategies. Don't miss this chance to acquire a substantial property in a growing area.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Goreville
- County
- Johnson
- State
- Illinois
- Longitude
- -88.9724
- Latitude
- 37.5525