Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.