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    15752 N Il Hwy 37 Mt Vernon, IL 62864

    For Sale
    $39,900

    2.10-acre commercial land parcel on IL Hwy 37 North.

    Lot size:
    2.10 Acres

    Property Features for 15752 N Il Hwy 37 Mt

    General Information

    Lot size
    2.10 Acres

    Source: C21 All Pro Real Estate

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

    Overview

    2.10 Acres on IL Hwy

    This 2.10-acre parcel is located on IL Hwy 37 North, situated on the edge of town. The property is currently zoned Commercial, with the option to rezone to Residential. It offers flexibility for various uses and features excellent visibility, a high traffic count, and convenient access to city water and utilities. This location is suitable for a business venture or development project.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Vernon
    County
    Marion
    State
    Illinois
    Longitude
    -88.9065
    Latitude
    38.3147

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    FAQs

    What type of property is this?
    Commercial land - 2.10-acre commercial land parcel on IL Hwy 37 North.
    Where is this commercial land located?
    The property is located at 15752 N Il Hwy 37 Mt Vernon, IL.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Prime commercial location on IL Hwy 37 North.; - 2.10-acre parcel offers ample space.; - Zoned Commercial with option to rezone to Residential.
    (618) 237-4525
    Request Owner's contact information
    15752 N Il Hwy 37 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
    15752 N Il Hwy 37 Mt Vernon, IL 62864
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