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    Herrin, IL
    Residential Income

    Herrin, IL Residential Income Properties for Sale

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    Murphysboro, IL Carbondale, IL Carterville, IL Marion, IL Johnston City, IL Eureka, IL West Frankfort, IL Royalton, IL
    Mixed-Use Building with Apartments
    Updated: Dec 19, 2025
    Mixed-Use Building with Apartments

    110 W Cherry St, Herrin, IL 62948

    $499,000
    Large mixed‑use building with multiple areas that can be leased for commercial and residential use
    Upstairs: 4 rented luxury apartments
    Downstairs: 7 small office or retail spaces, with some currently vacant
    Rent roll can be shared with qualified buyers
    Street parking on one side and a city parking lot on the other
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    Historic Herrin Mixed-Use Landmark
    Updated: Aug 27, 2024
    Historic Herrin Mixed-Use Landmark

    200 N PARK Avenue, Herrin, IL 62948

    Contact for pricing
    24,000 sqft
    Multiple income streams from retail, commercial space, and 5 apartments.
    12,000 sq. ft. of open retail space with original architectural details.**
    Historic 1909 building, a landmark in downtown Herrin.
    3,800 sq. ft. of additional commercial space suitable for offices or studios.
    Located in a bustling downtown area with strong foot traffic.
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Herrin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Bungalow Duplex Property
    Bungalow Duplex Property

    6997 Apple Lane, Carbondale, IL 62902

    $130,000
    929 sqft 0.46 AC lot

    Well-maintained bungalow duplexes with ongoing month-to-month tenancy and driveways plus carports for each unit.

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    RV Storage Facility For Sale
    RV Storage Facility For Sale

    302 N. Russell Street, Marion, IL 62959

    Contact for pricing
    17,040 sqft

    RV storage facility with full hookups and concrete parking.

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    Well-Maintained Duplex Investment
    Well-Maintained Duplex Investment

    6997 Apple Lane, Carbondale, IL 62902

    Contact for pricing

    Very well maintained duplex with month-to-month occupancy and long-term tenants in a maintained complex.

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    Five-Plex Rental Investment
    Five-Plex Rental Investment

    1201 N Mclaren Street, Marion, IL 62959

    Contact for pricing

    Five-plex with all units rented, each offering two bedrooms, two bathrooms, and in-unit laundry space.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Zoned Residential Building Lot
    Zoned Residential Building Lot

    714 S Douglas St, West Frankfort, IL 62896

    Contact for pricing
    0.23 AC lot

    Residential lot zoned R-1 in West Frankfort, Illinois, suitable for constructing a primary home.

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    R-1 Residential Lot for Single-Family Build
    R-1 Residential Lot for Single-Family Build

    210 E 4th Street, West Frankfort, IL 62896

    Contact for pricing
    0.18 AC lot

    Residentially zoned lot in West Frankfort, IL, suitable for building a single-family home.

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    R-1 Residential Lot for New Home
    R-1 Residential Lot for New Home

    304 E 4th St, West Frankfort, IL 62896

    Contact for pricing
    0.19 AC lot

    Build-ready residential lot zoned R-1 in West Frankfort, suited for constructing a primary residence.

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    R-1 Residential Building Lot
    R-1 Residential Building Lot

    310 E 4th St, West Frankfort, IL 62896

    Contact for pricing
    0.19 AC lot

    Zoned R-1 residential lot offering an opportunity to build a home within West Frankfort, Illinois.

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    Off-Market Properties in Herrin, IL

    Consider similar Off-Market properties in Herrin, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    200 Park Ave
    Multifamily properties

    200 Park Ave, Herrin, IL 62948

    Value Estimation by Request
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    Herrin, IL Residential Income Properties Market Trends and Statistics

    Explore 3 residential income properties for sale in Herrin, IL on our real estate platform. These investment opportunities span a total of 24,000 square feet of properties for sale, with an estimated market value of $499,000.

    Sale prices for residential income properties in Herrin, IL average $499,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Apartment buildings 1
    Multifamily properties 1

    Demographics Overview

    Population 13K
    Population Growth (5Y) -3.5%
    Median Household Income $59,031
    College Educated 33.2%

    High-Yield Neighborhoods for Investment

    Identify Herrin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62948 $499K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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