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    2801 Veterans Memorial Dr Mt Vernon, IL 62864

    For Sale
    $595,000

    Commercial - Mt Vernon, IL

    Property size:
    4,760 SF
    Days on Market:
    9
    Last Refresh:
    Dec 6 at 3:06 pm

    Property Features for 2801 Veterans Memorial Dr Mt

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    11-06-103-008
    Size
    4,760 SF

    Utilities

    Heating system
    Electric (Heating), Forced Air
    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Flooring type
    Concrete, Tile
    Building materials
    Frame
    Roof type
    Metal
    Architectural style
    Other

    Century 21 All Pro Real Estate (618) 237-4525 [email protected]

    Listing agent Lisa McKinney (618) 237-4525 License #471003781

    Listing date Nov 28, 2025

    MLS# EB459784 Listing URL

    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

    Versatile Commercial Property with Income

    Located on a prime corner with high traffic, this property presents an investment opportunity. It includes a 960-square-foot commercial building (24x40) featuring two bays and a bathroom. Updates to the building include a new roof and fresh interior paint planned for 2025. Additionally, the property features a storage facility with 32 units, a mix of 10x10 and 10x20 sizes, totaling 3,800 square feet. The storage facility is currently at 100% occupancy, providing a steady income stream. The property also includes a large open lot, offering space for future development or additional business opportunities. The property is surrounded by new commercial facilities, enhancing its value and growth potential. The existing building and property layout offer possibilities for various business uses.
    Location Intelligence

    Current Use by Public Records

    Parking lots & garages

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.924869
    Latitude
    38.299404

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    FAQs

    What type of property is this?
    Parking lot & garage - Commercial building, storage units, and open lot for sale.
    Where is this parking lot & garage located?
    The property is located at 2801 Veterans Memorial Dr Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: - High-traffic corner location with exceptional visibility.; - Fully occupied storage facility with 32 units generating steady income.; - Commercial building with two bays, bathroom, new roof, and fresh paint.
    (618) 237-4525
    Request Owner's contact information
    2801 Veterans Memorial Dr 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
    2801 Veterans Memorial Dr Mt Vernon, IL 62864
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