$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. Fourth 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 today. Seller will consider separating with the right offer.

Details

MLS#EB433757
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1978
Days On Site119

Features

Units5
ZoningNone or NA

Additional Information

Tax Exemption0
Tax Year2018
Approximate Taxes2768.3

Market Activity 62864

Loading Form
Loading Form
Area Information
StateIL
CityMt Vernon
Zip Code62864
CountyEBOR Area
Listing VS Median (in 62864)
Price:
$425,000
low | high
Med:
$108,000
100% of Average
On Site:
119
low | high
Med:
130.5
91.187739463602% of Average
Listing Updated: 08/07/2020
ROCHELLE BOND LogoMLS Number: EB433757
Listing Provided By:
ROCHELLE BOND  of  KING CITY PROPERTY BROKERS

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS.