Versatile Commercial Property
314 S 5TH Street Mt, Vernon, IL 62864
- Added:
- Nov 4, 2025
- Days on Market:
- 198
- Last Refresh:
- May 21 at 6:06 pm
Property Features for 314 S 5TH Street Mt
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- B2 &
- Standard status
- Active
- APN
- 0729456010
- Size
- 2,232 SF
Taxes and HOA fees
- Tax Description
- Lot 9 Lot 11 Greens Sub B5 & PT B6 GR 2nd Add Blk 5
- Tax Annual Amount
- 4768
Utilities
- Cooling system
- Central Air
Building Details
- Flooring type
- Tile, Carpet, Concrete
- Building materials
- Aluminum Siding, Frame
- Roof type
- Metal
Listing agent Lisa McKinney License #471003781 (618) 237-4525
Listing office C21 All Pro Real Estate 13035 N SHILOH DR, Mt.Vernon, IL (618) 242-9850
Listing date Nov 4, 2025
MLS# EB460373
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Multiple Buildings and Vacant Lots: Offers flexibility for business operations, storage, expansion, or development.
- B2 and RM2 Zoning: Allows for a variety of business uses and potential for residential development.
- Finished Building (30' x 40', Built in 2013): Features an open‑concept living area with kitchen, bathroom, and bedroom, ideal for live/work space.
- Heated and Air‑Conditioned Buildings: Two buildings (36' x 62' and 24' x 64') are heated and one (36' x 62') is air‑conditioned, suitable for various business or storage needs.
- Potential for Rezoning: Offers the option to create a live/work compound through residential rezoning.
- City Utilities Available: Simplifies development and usage of the property.
Overview
This commercial property package in Mt Vernon, IL, offers multiple buildings and lots with B2 and RM2 zoning. The package includes a 36' x 62' heated and air-conditioned building with a bathroom and overhead door, suitable for a workshop, storage, or business operations. A 30' x 40' finished building, constructed in 2013, features an open-concept living area with a kitchen, bathroom, and bedroom, making it ideal as a live/work space or office. Additionally, there is a 24' x 40' metal building equipped with electric service, suitable for storage or small business use, and a 24' x 64' heated building with an overhead door, offering ample room for operations, storage, or customization. The property includes multiple vacant lots, providing space for expansion, development, or resale. City utilities are available. The B2 zoning allows for a variety of business uses, and some parcels are zoned RM2, providing potential for residential development. Rezoning is possible for residential use, offering the option to create a live/work compound. This property presents an investment opportunity for business owners, developers, or investors looking to generate income through rental, resale, or mixed-use development.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Live-work space
Map
- City
- Vernon
- County
- Marion
- State
- Illinois
- Longitude
- -88.9065
- Latitude
- 38.3147
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multi-building commercial property with residential potential in Mt Vernon, IL.
Where is this mixed-use property located?
The property is located at 314 S 5TH Street Mt Vernon, IL.
What is the asking price?
The asking price for this property is $78,500.
What are key features of this property?
This property features: Multiple Buildings and Vacant Lots: Offers flexibility for business operations, storage, expansion, or development.; B2 and RM2 Zoning: Allows for a variety of business uses and potential for residential development.; **Finished Building (30' x 40', Built in 2013): Features an open‑concept living area with kitchen, bathroom, and bedroom, ideal for live/work space.**
