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    2906 Broadway Mt Vernon, IL 62864

    For Sale
    $115,500

    Lots & Land - Mt Vernon, IL

    Days on Market:
    31
    Last Refresh:
    Dec 14 at 6:06 pm

    Property Features for 2906 Broadway Mt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    0625476011
    Exterior features
    Corner Lot, Sloped

    Building Details

    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 14, 2025

    MLS# EB458584 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

    Commercial Lot on Broadway

    This commercial lot is located on Broadway in a high-traffic area. The corner lot is suitable for various commercial businesses. City utilities are available. The location offers promising potential.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.927533
    Latitude
    38.315436

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    FAQs

    What type of property is this?
    Commercial land - Commercial lot in high-traffic area with city utilities.
    Where is this commercial land located?
    The property is located at 2906 Broadway Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $115,500.
    What are key features of this property?
    This property features: - High traffic area; - Situated on a corner lot; - Suitable for almost any type of commercial business
    (618) 237-4525
    Request Owner's contact information
    2906 Broadway 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
    2906 Broadway Mt Vernon, IL 62864
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