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314 S 5TH Street Mt Vernon, IL 62864

View on Map
For Sale
$98,000

COMMERCIAL - Mt Vernon, IL

Type:Retail
Property size:
2,232 SF
Added:
Nov 4, 2025
Days on Market:
148
Last Refresh:
Apr 1 at 3:06 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

TaxDescription
Lot 9 Lot 11 Greens Sub B5 & PT B6 GR 2nd Add Blk 5
TaxAnnualAmount
4768

Utilities

Cooling system
Central Air

Building Details

Flooring type
Concrete, Carpet, Tile
Building materials
Aluminum Siding, Frame
Roof type
Metal

We can help!

Listing Contact
Lisa McKinney
Lisa McKinney

Listing agent Lisa McKinney License #471003781

Listing office C21 All Pro Real Estate 13035 N SHILOH DR, Mt.Vernon, IL

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.


Overview

Versatile Commercial Property Package

This commercial property package in Mt Vernon, IL, offers multiple buildings and lots with B2 and RM2 zoning, presenting a versatile investment opportunity. The package includes a 36' x 62' building, heated and air-conditioned, featuring a bathroom and overhead door, suitable for a workshop, storage, or business operations. A 30' x 40' finished building, constructed in 2013, offers an open-concept living area with a kitchen, bathroom, and bedroom, 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. The B2 zoning allows for a variety of business uses, and some parcels are zoned RM2, providing potential for residential development. City utilities are available. Rezoning is possible for residential use, offering the option to create a live/work compound. This property is ideal 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

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 $98,000.
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.**
More about this property
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