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    415 S 42Nd St Mount Vernon, IL 62864

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    For Lease
    Contact for pricing

    Retail space available in high-traffic shopping center anchored by Kroger.

    Property size:
    3,430 SF
    Lot size:
    13.00 Acres

    Property Features for 415 S 42Nd St

    General Information

    Size
    3,430 SF
    Lot size
    13.00 Acres

    Source: L3 Corporation Agent Alana Moylan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Near Kroger

    Available for lease are retail spaces ranging from 2,985 to 3,430 square feet. The property is part of a power center ranked #1 in the region according to Placer.ai. This location benefits from the high volume of foot traffic generated by a strong-performing Kroger store, ranked #3 in the state of Illinois out of 30 stores, attracting over 100,000 customers per month.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Gym & Fitness Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.942139
    Latitude
    38.319565

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    FAQs

    What type of property is this?
    Strip mall - Retail space available in high-traffic shopping center anchored by Kroger.
    Where is this strip mall located?
    The property is located at 415 S 42Nd St Mount Vernon, IL.
    What are key features of this property?
    This property features: - Located at the #3 Kroger in Illinois, driving significant customer traffic.; - Anchored by a **high-performing Kroger** with over 100,000 customers per month.; - Ranked as the #1 Power Center in the region according to Placer.ai.
    (314) 469-7400
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    415 S 42Nd St Mount Vernon, IL 62864
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    Mount 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
    415 S 42Nd St Mount Vernon, IL 62864
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