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Mt. Vernon Development Opportunity
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41 Mateer Dr, Mount Vernon, IL 62864

Mixed-use development opportunity at a prime corner location.

Property SizeContact for details
Days on Market554

Property Features for 41 Mateer Dr

General Information

Standard status Active
Class A
Property subtype Hospitality, Industrial, Land, Mixed Use, Retail
Zoning Commercial
Listing Agency: G.J. Grewe Brokerage & Development
Listed By: Gary Grewe · License #FSBO
Source: Crexi
Added: Feb 12, 2025 Changed: Aug 18 Last Checked: Aug 20 at 4:18PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of G.J. Grewe Brokerage & Development

Investment Insights

Based on property information with market context.

This development opportunity is located in Mt. Vernon, Illinois, at a corner location suitable for mixed-use development. Mt. Vernon serves as a regional hub, attracting residents from nine surrounding counties due to its concentration of employers. Situated at the intersection of Interstate 57 and Interstate 64, Mt. Vernon is positioned for industries, retail businesses, regional medical services, and tourism.

Key Highlights

  • Prime corner location ideal for mixed‑use development.
  • Located at the intersection of Interstate 57 and Interstate 64.
  • Serves as a regional draw for 9 surrounding counties.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply HVAC Service Kitchen & Bath Showroom Law Firm Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

636
Businesses Nearby

Demographics for 62864, IL

23,327
Population
11,105
Households
2.1
Avg Household Size
41
Median Age
21%
College-Educated
94%
High-School Grad
143.0 sq mi
ZIP Area
163
Density / Sq Mi
$58,082
Median Household Income
$36,440
Median Earnings
$882
Median Rent
$117,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Mixed-use development opportunity at a prime corner location.
Where is this commercial land located?
The property is located at 41 Mateer Dr Mount Vernon, IL.
What are key features of this property?
This property features: Prime corner location ideal for mixed‑use development.; Located at the intersection of Interstate 57 and Interstate 64.; Serves as a regional draw for 9 surrounding counties.
More about this property
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