1000 Hanson St, Murphysboro, IL 62966-2152
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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.