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Mixed-Use Property With Two Buildings
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2707 North St, Mount Vernon, IL 62864

Two detached structures offer adaptable commercial space alongside a residential component in a B-2 Secondary Business District.

Property Size4,050 SF
Lot Size1.51 Acres
Price / SF$74.42
Days on Market10

Property Features for 2707 North St

General Information

Standard status Active
Size 4,050 SF
Lot size 1.51 Acres
Property subtype OFFICE
Zoning B-2

Additional Details

Road Access Yes

Building Details

Year Built 1988
Buildings 2
Stories 1
Building Size 4,050 SF
Listing Agency: BARBERMurphy
Listed By: Michael Pierceall
Source: Moodyscre
Added: Aug 21 Changed: Aug 30 Last Checked: Aug 30 at 7:09AM

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 BARBERMurphy

Investment Insights

Based on property information with market context.

This mixed-use property comprises two detached structures on 1.51 acres. The North Street building contains 4,050 SF of single-story commercial space with two offices, two meeting rooms, two restrooms, a kitchen, and a large assembly room. Constructed in 1988, it was originally designed as a funeral home and is described as well maintained. A separate two-story residential structure, built in 2004, provides 2,520 SF of living area with three bedrooms, three full bathrooms, a kitchen and dining area, three-season room, covered front deck, and substantial storage. The lower level adds 1,224 SF of garage and storage space.

Both buildings are in a B-2 (Secondary Business) District. The site is positioned three blocks north of West Broadway, also identified as IL Route 15, and near 27th Street. Broadway carries approximately 14,700 vehicles per day and serves as a commercial corridor with professional offices, services, retail, and community facilities. Nearby institutional uses include Mt. Vernon City Schools District 80 administrative offices and the Dr. Nick Osborne Primary Educational Center.

Key Highlights

  • 1.51‑acre parcel with two detached buildings
  • 4,050 SF one‑story commercial building constructed in 1988
  • Commercial layout includes two offices, two meeting rooms, two restrooms, kitchen, and assembly room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Building Supply Real Estate Agency Electrical Service Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom

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

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

447
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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two detached structures offer adaptable commercial space alongside a residential component in a B-2 Secondary Business District.
Where is this mixed-use property located?
The property is located at 2707 North St Mount Vernon, IL.
What is the asking price?
The asking price for this property is $580,000.
What are key features of this property?
This property features: 1.51‑acre parcel with two detached buildings; 4,050 SF one‑story commercial building constructed in 1988; Commercial layout includes two offices, two meeting rooms, two restrooms, kitchen, and assembly room
(618) 791-8396 Call to check price and availability
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