109 W Monroe St - Storefront Retail/Residential FOR SALE


Herrin, IL 62948
$250,000 USD
618-925-8589
109 W Monroe St, Herrin, IL for Sale
$250,000 USD
Storefront Retail/Residential - FOR SALE
1/19
null | Request Cap Rate

109 W Monroe St
Herrin, IL 62948


OVERVIEW

INCREDIBLE INVESTMENT OPPORTUNITY WITH TRIPLE INCOME POTENTIAL *Nearly 4,000 sq ft commercial building • Two 1-bed/1-bath upstairs apartments currently earning $1,625/month • Ground-level commercial space available for $1,200/month (previously successful cake business) • Total potential monthly income: $2925** This versatile property offers immediate cash flow from established residential rentals PLUS massive commercial earning potential. 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. **Properties like this don't last - call today for your private showing!**

FOR SALE DETAILS

PRICE

$250,000 USD

PRICE/SF

$57 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Loft/Creative Space, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

Commercial

APN/PARCEL ID

02-19-460-007

ASK ABOUT THIS PROPERTY

Melanie HarpSouthern Illinois Realty ExpertsMore Info
618-925-8589

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Melanie HarpSouthern Illinois Realty ExpertsMore Info
618-925-8589

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.