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Listed by Melanie Harp • Southern Illinois Realty Experts - Herrin
$ 250,000
Est. payment /mo
Active
109 W MONROE ST Herrin, IL 62948
3,950 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $63
MLS Listing ID PA1264863
Annual Tax Amount $3,421
Tax Year 24
Lot Size 0.570 Acres
Acres 0.57
Property Sub-Type Commercial
Source rmlsa
Property Description
If you want a building for your business that pays for itself, this is your opportunity. The upstairs is rented out at $1675 per month, which is immediate cash flow, and the 2000-square-foot commercial space is available for your business, or you may choose to rent it out for $1200 per month. The seller is also offering the commercial space in this building for rent at $1,200 per month. The first month's rent is free. This space is ideal for bakery, retail, offices, or specialty business. This is an INCREDIBLE INVESTMENT OPPORTUNITY WITH TRIPLE INCOME POTENTIAL *Nearly 4,000 sq ft commercial building--2000 available for commercial space. • Two 1-bed/1-bath upstairs apartments currently earning $1,675/month • Ground-level commercial space available for $1,200/month (previously successful cake business) • Total potential monthly income: $2875** Whether you're building wealth through real estate or launching your dream business, this is your opportunity. **PERFECT FOR:** Investors seeking passive income, entrepreneurs wanting live/work space, or anyone ready to capitalize on proven rental demand. Commercial space ideal for bakery, retail, offices, or specialty business. Call today for your showing!
Location
State IL
County Williamson
Area Paar Area
Zoning Commercial
Direction From Park Ave, turn on W. Monroe St, it's 200 feet on the Right
Interior
Heating Forced Air
Cooling Wall/Window Unit(s)
Flooring Other
Fireplace N
Exterior
View true
Roof Type Composition Shingle
Garage 1
Building
Faces From Park Ave, turn on W. Monroe St, it's 200 feet on the Right
Sewer Public Sewer
Water Municipal/City
Structure Type Brick,Concrete,Stone
Others
Tax ID 02-19-460-007