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Commercial Land on Veterans Memorial

2604 Veterans Memorial Dr, Mount Vernon, IL 62864

For Sale
$180,000

Prime location for commercial building and residential development.

Property SizeContact for details
Days on Market667

Property Features for 2604 Veterans Memorial Dr

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $1,055
Listing Agency: King City Property Brokers
Listed By: Cynthia Bevis, AHWD, CSC, e-PRO, GRI, SRES, SRS
Source: Exprealty
Added: Jan 10, 2025 Changed: Nov 4 Last Checked: Nov 6 at 10:30AM

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 King City Property Brokers

Rey
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Investment Insights

Based on property information with market context.

This property offers a location suitable for constructing a new commercial building. The site consists of front lots and back lots, separated by a 50-foot roadway owned by the City of Mt. Vernon, which includes a new storm drain. The front lots are zoned I1 for light industrial use, while the back lots are zoned R-M2 for Residential Medium Density/Mobile home use, allowing for the construction of duplexes. The west boundary of the property adjoins the upcoming development of 27th St. The property presents various possibilities for development.

Key Highlights

  • Prime location on Veterans Memorial Drive.
  • Zoned I1 for light industrial on front lots, ideal for commercial building.
  • Back lots zoned R‑M2 for Residential Medium Density/Mobile home, suitable for duplexes.

Property Analytics

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Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Hair Salon Spa & Massage 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

112
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Commercial land in Jefferson County

Jul
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Sep
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Frequently Asked Questions

What type of property is this?
Commercial land - Prime location for commercial building and residential development.
Where is this commercial land located?
The property is located at 2604 Veterans Memorial Dr Mount Vernon, IL.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Prime location on Veterans Memorial Drive.; Zoned I1 for light industrial on front lots, ideal for commercial building.; Back lots zoned R‑M2 for Residential Medium Density/Mobile home, suitable for duplexes.
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