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Herscher IL Real Estate & Commercial for Sale1 Properties Found
The median home value in Herscher, IL is $290,400
This is higher than the county median home value of $169,000.
The national median home value is $308,980.
The average price of homes sold in Herscher, IL is $290,400.
Approximately 75% of Herscher homes are owned, compared to 20% rented, while 5% are vacant.
Herscher real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Herscher real estate agent to arrange a tour today!
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$49,200301 E Route 115 Herscher, IL 60941
Courtesy: L & B All Star Realty Advisors LLC
View additional infoInvestor equity buy-in for retail income standalone building. Stable anchor tenant in place, Dollar General retail, with 40-year lease terms. Investor participation portion is 4.92% ownership. The first period lease capitalization rate is at 8.82% net. Cash investment requirement is $49,200. Retail property is a steel and masonry building constructed in 2016. This is a single occupant building with the rentable area of 9,026 sqft. Building features steel structural framing, exterior walls of concrete block and steel, with central HVAC, fire suppression and alarm system. Building sits on a parcel of 99,752 sqft / 2.29 acres. The site has 30 surface parking spaces. Accessibility is by State Route 115, which is a major arterial. The subject resides on the northern edge of Herscher. This Dollar Tree tenant serves Herscher and greater southwestern Kankakee County. The lease terms are triple net, with no landlord responsibilities. A very nice armchair investment. Contact broker for additional information.
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Herscher IL Real Estate Listings Provided By:Casey Voris How may I help you?Get property information, schedule a showing or find an agentHerscher & Nearby CitiesHerscher Real Estate Chebanse Commercial for Sale Kankakee Commercial for Sale Bourbonnais Commercial for Sale Bradley Commercial for Sale Ashkum Commercial for Sale Gardner Commercial for Sale Braidwood Commercial for Sale Wilmington Commercial for Sale Dwight Commercial for Sale Coal City Commercial for SaleHerscher ZIPs60941 Commercial for Sale |
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