Listing Agency: M. G. FOLEY INC m***@sbcglobal.net Show Phone

Listed By: MYRON FOLEY · License #471001968

Source: Compass

Added: Feb 17, 2020 Changed: Aug 8 Last Checked: Mar 25 at 6:54PM

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Investment Insights

Based on property information with market context.

This listing offers a vacant residential lot identified as Tract 5 North Mcdermott Lane. It presents an opportunity to build a new home on the property, with location and access designed for convenience to nearby services.

The lot is described as being just north of Mt. Vernon, with the public remarks indicating it is minutes from town.

The property is listed for sale and is suited for residential construction based on the stated intent to build a dream home.

Key Highlights

• Vacant residential lot available to build your dream home just north of Mt. Vernon
• Convenient location minutes from town

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Auto Repair Shop Daycare Center Hotel & Motel

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

4

Businesses Nearby

Explore this area Business Placement

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

Questions? Ask Rey

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What type of property is this? Where is this residential land & home lots located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Residential land & home lot - Vacant residential lot available for building just north of Mt. Vernon, minutes from town.

Where is this residential land & home lot located?

The property is located at Tract 5 North Mcdermott Lane Mount Vernon, IL.

What is the asking price?

The asking price for this property is $40,000.

What are key features of this property?

This property features: Vacant residential lot available to build your dream home just north of Mt. Vernon; Convenient location minutes from town