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    3307 Broadway St Mt Vernon, IL 62864

    Sponsored
    For Sale
    $845,000

    COMMERCIAL - Mt Vernon, IL

    Lot size:
    0.93 Acres
    Days on Market:
    61
    Last Refresh:
    Jan 5 at 1:06 pm

    Property Features for 3307 Broadway St Mt

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    B2
    APN
    06-36-201-014
    Parking
    30
    Lot size
    0.93 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1975
    Floors in Building
    1
    Flooring type
    Carpet, Concrete, Tile
    Building materials
    Stucco, Frame
    Roof type
    Metal

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

    Listing agent Andrea B Baker

    Listing date Nov 6, 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

    Mt Vernon Commercial Investment Opportunity

    This commercial property package features two buildings in a high-traffic location with an average daily traffic count of 18,000+. The property at 3307 Broadway is a 6,100 square foot building with four separate office suites. Three of these units are currently leased, providing immediate income. The property at 412 S 34th Street is a 4,500 square foot building with a long-term tenant. Additionally, it includes a 4,000 square foot basement available for lease, suitable for storage, expansion, or new business opportunities. Both properties have ample parking, handicap accessibility, and convenient access from 34th Street. The lot size is 0.93 acres. The zoning is B2. This property is an opportunity for an owner-user or investor seeking a commercial corridor with stable returns and room to grow.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.932675
    Latitude
    38.313593

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    FAQs

    What type of property is this?
    Office space - Two commercial buildings with income potential in high-traffic location.
    Where is this office space located?
    The property is located at 3307 Broadway St Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $845,000.
    What are key features of this property?
    This property features: - Seller financing available.; - Strong rental income from leased units in two commercial buildings (6,100 SF and 4,500 SF).; - High-traffic location with 18,000+ average daily traffic count.
    (618) 315-1186
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    3307 Broadway St 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

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    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
    3307 Broadway St Mt Vernon, IL 62864
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