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Multi-Building Flex Property
For Sale
$78,500

314 S 5TH Street Mt, Vernon, IL 62864

Commercial Sale, Mt Vernon, IL

Property SizeContact for details
Days on Market295

Property Features for 314 S 5TH Street Mt

General Information

Property type Commercial Sale
Property subtype Retail
Zoning B2 &
Directions East Of Mt.Vernon
Subdivision Mt Vernon
Standard status Active
APN 0729456010

Taxes and HOA fees

Tax Description Lot 9 Lot 11 Greens Sub B5 & PT B6 GR 2nd Add Blk 5
Tax Annual Amount 4768
Legal Description Lot 9 Lot 11 Greens Sub B5 & PT B6 GR 2nd Add Blk 5

Utilities

Cooling system Central Air

Building Details

Flooring type Tile, Concrete, Carpet
Building materials Aluminum Siding, Frame
Roof type Metal
Listing Agency: C21 All Pro Real Estate · Century 21 Real Estate
Listed By: Lisa McKinney · License #471003781
Added: Nov 4, 2025 Changed: Aug 20 Last Checked: Aug 26 at 8:06AM
MLS# EB460373

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This flex property includes four separate buildings and multiple vacant lots. The improvements offer a mix of heated and cooled workspace, finished living or office space, storage capacity, and overhead-door access. One 36' x 62' building has central air, heat, a bathroom, and an overhead door. A finished 30' x 40' building constructed in 2013 contains an open living area, kitchen, bathroom, and bedroom. Additional improvements include a 24' x 40' metal building with electric service and a heated 24' x 64' building with an overhead door.

The property includes city utilities and parcels identified with B2 and RM2 zoning. The combination of commercial buildings and vacant land provides a range of existing configurations for business operations, storage, office use, and live-work occupancy, subject to applicable approvals. Construction includes aluminum siding and frame components, with tile, concrete, and carpet flooring across the improvements.

Key Highlights

  • Four‑building commercial package with multiple vacant lots
  • 36' x 62' heated and air‑conditioned building with bathroom and overhead door
  • 30' x 40' finished building built in 2013 with kitchen, bedroom, and bathroom

Property Analytics

Current Use

Flex space

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby
Under-served
Demand for This Use

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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Similar Off Market Nearby

  • Chef du jour America 1117 S 22nd St, Mt Vernon, IL 62864

Frequently Asked Questions

What type of property is this?
Flex space - Four buildings, vacant lots, and city utilities support varied commercial, storage, office, and live-work uses.
Where is this flex space located?
The property is located at 314 S 5TH Street Mt Vernon, IL.
What is the asking price?
The asking price for this property is $78,500.
What are key features of this property?
This property features: Four‑building commercial package with multiple vacant lots; 36' x 62' heated and air‑conditioned building with bathroom and overhead door; 30' x 40' finished building built in 2013 with kitchen, bedroom, and bathroom
More about this property
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