Multi-Site Self-Storage
2709 Veterans Memorial Drive, Mount Vernon, IL 62864
For Sale
Contact for pricing
Two facilities serve separate locations within the Mount Vernon market.
Property Size23,300 SF
Lot Size3.65 Acres
Price / SF$64.38
Days on Market21
Property Features for 2709 Veterans Memorial Drive
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Net Operating Income
Financials
Asking Price
Cap Rate
Additional Details
Self-Storage Units
Tenant in Place
Property Use
Listing Agency:
EquiCap Commercial
Listed By:
Alex Erbs · License #475.216506
Source:
Crexi
Added: Oct 20
Changed: Nov 8
Last Checked: Nov 8 at 6:10PM
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 EquiCap Commercial
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Investment Insights
Based on property information with market context.
This self-storage portfolio comprises two facilities in Mount Vernon, Illinois, with a combined 211 storage units and 23,300 net rentable square feet on 3.65 acres. The properties are located at 2709 Veterans Memorial Drive and 1700 George Street. As of September 2026, physical occupancy was 88 percent and economic occupancy was 83 percent; the in-place cap rate was 7.08 percent.
Mount Vernon serves as the economic center of Jefferson County and sits at the intersection of Interstates 57 and 64. The portfolio’s two sites have distinct nearby residential trade areas: 5,781 residents in 2,471 households within one mile of the Veterans Memorial Drive facility, and 2,583 residents in 1,197 households within one mile of the George Street property.
Mount Vernon serves as the economic center of Jefferson County and sits at the intersection of Interstates 57 and 64. The portfolio’s two sites have distinct nearby residential trade areas: 5,781 residents in 2,471 households within one mile of the Veterans Memorial Drive facility, and 2,583 residents in 1,197 households within one mile of the George Street property.
Key Highlights
- 211 storage units across two Mount Vernon facilities
- 23,300 net rentable square feet on 3.65 acres
- 88 percent physical occupancy and 83 percent economic occupancy as of September 2026
Property Analytics
Who owns this building?
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Current Use
Lease Details
88%
Occupancy
Location Intelligence
Trade Area within ½ mile
112
Businesses Nearby
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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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Self storage facility - Two facilities serve separate locations within the Mount Vernon market.
Where is this self storage facility located?
The property is located at 2709 Veterans Memorial Drive Mount Vernon, IL.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 211 storage units across two Mount Vernon facilities; 23,300 net rentable square feet on 3.65 acres; 88 percent physical occupancy and 83 percent economic occupancy as of September 2026
