Financial
Distress signals
Property profile

110 W Cherry St Herrin, IL 62948

FOR SALE
Other commercial real estate
Property ID
US28-4123958
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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110 W Cherry St, Herrin, IL 62948 For Sale
$499,000
110 W Cherry St, Herrin, IL 62948
View Listing

Property summary

AI-generated overview

A large mixed-use building with two levels: four upstairs residential apartment units and downstairs commercial space configured for leasing. The residential component consists of four apartments, and the commercial level includes seven smaller office or retail spaces, some of which are vacant. The building is located on W Cherry St and faces Park Avenue (RT 148). Access and parking are supported by street parking along one side of the street and a city parking lot along the other side. The…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$12k
Tax billed · 2023
Assessed value$142k
Assessed land$15k
Assessed improvement$127k
Effective rate8.70%

Value estimate

· Sep 2026
$550k
$495k – $605k
NOI build-up
Gross scheduled income$120k
Vacancy & credit loss−$12k
Operating expenses−$41k
NOI · 13.53% cap applied$68k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
13.53%
$68k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionWILLIAMSON

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency23.5
Law Firm22.2
Dental Office20.9

Location

110 W Cherry St Herrin, IL 62948
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

1 recorded sale · 6 properties nearby
Recent sales nearby
1 recorded sale in this ZIP, last 8 years
Address Sale price Sold Size
305 16th, Herrin, IL 62948-1424 $246,000 Jan 2026 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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