521 Park Ave, Herrin, IL 62948
This stunning, highly visible two-story brick building in Herrin, Illinois, presents a unique investment opportunity. Located on S Park Avenue, with nearly 16,000 vehicles passing daily, this almost 3,000 square foot property boasts a prime location ideal for a variety of commercial uses. The flexible floor plan allows for a seamless blend of professional office space, retail, or salon, offering exceptional versatility. Built in 1924, the property features three buildings and includes a full finished basement providing additional space for a second kitchen, bathroom, utility area, gym, and ample storage. The property's charm is further enhanced by gorgeous outdoor patios and lush landscaping. The adjacent private parking lot adds significant convenience. This meticulously maintained property offers a rare combination of historic character, modern functionality, and a high-traffic location, making it an exceptional investment opportunity in the heart of Herrin. The property is zoned for commercial use and offers significant potential for a variety of businesses. The high visibility and convenient location make it an attractive option for entrepreneurs seeking a blend of workspace and residential living.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.