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    12430 E Illinois Hwy 148 Mt Vernon, IL 62864

    Sponsored
    For Sale
    $30,000

    LAND - Mt Vernon, IL

    Lot size:
    0.48 Acres
    Days on Market:
    135
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 12430 E Illinois Hwy 148 Mt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Agricultural
    APN
    01-06-351-014
    Lot size
    0.48 Acres

    Utilities

    Utilities
    Propane
    Water source
    Public

    King City Property Brokers Inc (618) 237-7166 [email protected]

    Listing agent Cynthia A Bevis

    Listing date Aug 29, 2025

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Wooded Lot with Existing Structure

    This property features a 0.48-acre wooded lot situated on the edge of town. The site includes a concrete block house, which is currently not in livable condition. A gravel driveway provides access, and electric and water services are already connected. Additional features include a cistern, an old root cellar, and storage sheds, the usability of which is undetermined. A septic tank is present, although its exact location is unknown. The property is subject to city zoning regulations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.92203542
    Latitude
    38.28999338

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    FAQs

    What type of property is this?
    Land - Half-acre wooded lot with utilities and non-livable structure.
    Where is this land located?
    The property is located at 12430 E Illinois Hwy 148 Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $30,000.
    What are key features of this property?
    This property features: - Large 1/2 acre wooded lot; - Electric and water already on site; - Gravel driveway in place
    (618) 315-0392
    Request Owner's contact information
    12430 E Illinois Hwy 148 Mt Vernon, IL 62864
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    Vernon, IL 62864
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12430 E Illinois Hwy 148 Mt Vernon, IL 62864
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