$425,000

16611 N Il Hwy 37

Mt Vernon IL, 62864

Description

INCOME OPPORTUNITY...4.86 Acres on IL Hwy 37 North, Mt. Vernon. Great Visibility with Great Potential. Tract 1 includes 1.71 Acres with 30X96 building with a 26X40 3 Bedroom Apartment. Building features an overhead door, concrete floor, 2 offices, bathroom and plenty of warehouse space with room for a showroom. 1.49 Acre Tract has a 40X80 Building with concrete floors, showroom, office and plenty of warehouse or manufacturing square footage. Third tract of land is .65 of an acre with endless possibilities to use for parking, build storage units, build an office building, etc. Four tract has four income producing mobile homes. All four are currently rented. Wonderful opportunity to lease out the apartment, both buildings, and build additional income producing properties. Call todayDisclosure: Road footage is approximately 658.58 Ft. along IL Hwy 37 and 200 Ft along Oakton.There are 4 Mobile Homes with Rental income included in the sale of this property. Rental income from Mobile homes i

Details

MLS#EB430881
Listing TypeFor Sale
StyleIndustrial
StatusActive
Year1978
Days On Site31

Features

SQ Feet1,040
Story(s)0
ZoningNone or N/

Additional Information

Tax Exemption0
Tax Year2018
Approximate Taxes2768.3

Market Activity 62864

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Area Information

StateIL
CityMt Vernon
Zip Code62864
CountyEBOR Area
Listing VS Median (in 62864)
Price:
$425,000
low | high
Med:
$99,500
100% of Average
SqFt:
1,040
low | high
Med:
1,764
19.615384615385% of Average
$ / SqFt:
$409
low | high
Med:
$56
100% of Average
On Site:
31
low | high
Med:
31
100% of Average
Listing Updated: 01/26/2020
MLS Number: EB430881
Listing Provided By:
Rochelle Bond  of  King City Property Brokers Inc

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