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    N Wl Byp Rd Mt Vernon, IL 62864

    Sponsored
    For Sale
    $75,000

    LAND - Mt Vernon, IL

    Lot size:
    0.24 Acres
    Days on Market:
    104
    Last Refresh:
    Jan 6 at 10:06 pm

    Property Features for N Wl Byp Rd Mt

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    APN
    0635300004
    Lot size
    0.24 Acres

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

    Listing agent Jennifer L Draper

    Listing date Sep 25, 2025

    MLS# EB455858 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

    Prime Development Land in Mt Vernon

    This 0.24-acre commercial land is situated in a developing area of Mount Vernon, Illinois, offering a prime development opportunity. The property benefits from its location at the convergence of Interstates 57 and 64, providing high visibility and accessibility. Located across from a major national retailer, the site experiences consistent local and regional traffic. This location is suitable for retail, hospitality, or dining establishments. Essential services are available, facilitating the development process. The property is positioned to capitalize on the area's growth, making it suitable for investors. The site offers a combination of location, visibility, and accessibility.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.95170384
    Latitude
    38.30151809

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    FAQs

    What type of property is this?
    Commercial land - High-visibility commercial land near Interstates 57 and 64.
    Where is this commercial land located?
    The property is located at N Wl Byp Rd Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: - Strategic Location: Positioned directly across from a major national retailer, ensuring constant traffic and exposure.; - High Traffic Area: Convergence of Interstates 57 and 64 brings steady local and regional traffic.; - Development Potential: Surrounded by ongoing development, ideal for capitalizing on Mount Vernon's growth.
    (618) 315-1368
    Request Owner's contact information
    N Wl Byp Rd 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
    N Wl Byp Rd Mt Vernon, IL 62864
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