For Sale
$120,000

211 Park AveHerrin, IL 62948

Prime location, high-potential investment.

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity in Herrin, Illinois, presents two adjacent properties at 211 and 215 S Park Avenue, totaling 0.23 acres. Listed at $120,000, this package requires a combined purchase. The properties boast a highly visible location, situated across from the post office and next to a medical office, with close proximity to the hospital. This prime location offers significant potential for redevelopment. The main building, 211 S Park Avenue, is a large brick structure built in 1936, currently vacant and gutted, featuring both upper and lower levels. The second property, 215 S Park Avenue, is an older home with some existing charm, but in need of substantial repairs, including a new roof. The seller's original plan was demolition to create additional parking, suggesting the possibility of expanding the lot. An additional, separately-owned property to the north is also available for purchase, presenting an opportunity to further expand the investment. This combined offering presents a unique chance to acquire a significant commercial and/or flex space in a high-traffic area with excellent visibility and potential for substantial return. The properties are being sold as a package deal.

Property Details for 211 Park Ave

Property type
Retail properties, Office properties
Year Built
1936
Buildings
2

Location Insight

City
Herrin
County
Williamson
State
Illinois
Latitude
37.801652
Longitude
-89.027962
211 Park Ave, Herrin, Illinois

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211 Park Ave
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