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Herrick, IL Retail Properties & Spaces for Sale

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Pana, IL Shelbyville, IL Nokomis, IL
Herrick Commercial Property For Sale
Updated: Sep 12, 2025
Herrick Commercial Property For Sale

18 Broadway Street, Herrick, IL 62431

$52,000
1,600 sqft · 0.82 AC lot
Almost 1 acre of ground suitable for heavy equipment storage rental.
Renovated 20x60 garage and new 20x20 office space.
Commercial electric and water line in place; wired for furnace.
Building plumbed for two separate bathrooms.
Metal siding and roof, OSB wrapped inside and out, insulated windows.
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Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 1 Active listings in Herrick, 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.

Auto Repair Facility with Lifts
Auto Repair Facility with Lifts

2300 Hoffman Drive, Effingham, IL 62401

$975,000
7,080 sqft · 2.52 AC lot

Turnkey auto repair business and real estate with seven lifts, multiple workstations, and a fenced yard on 2.52 acres.

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Downtown Shelbyville Commercial Building
Downtown Shelbyville Commercial Building

200 N Morgan Street Shelbyville IL 62565, Shelbyville, IL 62565

$799,000
7,768 sqft

Remodeled commercial building in downtown Shelbyville with flexible space.

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Medical Condo Office Units
Medical Condo Office Units

401 North Keller Drive, Effingham, IL 62401

$1,200,000
6,000 sqft

Two middle condo suites totaling 6,000 SF, with one vacant and ready for occupancy in an established healthcare-anchored center.

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Convenience Store Near Coon Creek Campground
Convenience Store Near Coon Creek Campground

1643 County Highway 42, Shelbyville, IL 62565

$199,900
1,992 sqft

Turn-key convenience store and bait shop near Lake Shelbyville.

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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.

Commercial Corner Lot in Taylorville
Commercial Corner Lot in Taylorville

E Bidwell Street, Taylorville, IL 62568

$150,000
0.60 AC lot

Commercial corner lot in Grand Plaza, Taylorville, Illinois.

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Commercial Land with Building
Commercial Land with Building

402 W Johnson St, Pocahontas, IL 62275

$795,000
3,200 sqft · 3.24 AC lot

3.24 acres with 3,200 sq ft building near I-70.

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Corner Commercial Development Land
Corner Commercial Development Land

404 S 3RD Street, Girard, IL 62640

$150,900
0.81 AC lot

Developable corner parcel with public utilities on site and multiple access points for retail, service, or residential uses.

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Prime Commercial Land I-55 Access
Prime Commercial Land I-55 Access

6000 S 6th Street Frontage Road, Springfield, IL 62702

$550,000
1.63 AC lot

1.63 acre commercial land near I-55 in Springfield, IL.

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Off-Market Properties in Herrick, IL

Consider similar Off-Market properties in Herrick, 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.

18 Broadway St
Retail properties & Spaces

18 Broadway St, Herrick, IL 62431

Value Estimation by Request
2,026 sqft
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Herrick, IL Retail Properties & Spaces Market Trends and Statistics

Explore 2 retail properties & spaces for sale in Herrick, IL on our real estate platform. These investment opportunities span a total of 1,600 square feet of properties for sale, with an estimated market value of $52,000.

Sale prices for stores in Herrick, IL start at $52,000, averaging $52,000, and reaching up to $52,000 — 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

Auto shops 1
Automotive properties 1

Demographics Overview

Population 777
Population Growth (5Y) -26.3%
Median Household Income $71,000
College Educated 9.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62431 $52K

Taxes & Financing

Tax Rate (average for all types) 8.70%
Property Tax per SF $79.61 per SF
Average Loan-to-Value 65.0%

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