Residential Land
For Sale
$40,000
Tract 4 North Mcdermott Lane, Mount Vernon, IL 62864
Residential land parcel offered with restrictive covenants on a 5-acre lot near Mount Vernon.
Property SizeContact for details
Lot Size5.00 Acres
Days on Market2378
Property Features for Tract 4 North Mcdermott Lane
General Information
Standard status
Active
Lot size
5.00 Acres
Property subtype
Land / Land
Zoning
Resid
Listing Agency:
M. G. FOLEY INC
(618) 237-7219
Listed By:
MYRON FOLEY · License #471001968
Source:
Compass
Added: Feb 17, 2020
Changed: Aug 8
Last Checked: Mar 25 at 6:54PM
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 M. G. FOLEY INC
Investment Insights
Based on property information with market context.
This offering is for a residential land lot with restrictive covenants, presented as a 5-acre (m/l) tract. The property is intended for building a home, providing a country setting for a future residence.
The lot is described as being just north of Mt. Vernon, with convenient access just minutes from town.
As a land listing, buyer due diligence will be important regarding the specific requirements under the restrictive covenants and any development considerations for the tract.
The lot is described as being just north of Mt. Vernon, with convenient access just minutes from town.
As a land listing, buyer due diligence will be important regarding the specific requirements under the restrictive covenants and any development considerations for the tract.
Key Highlights
- 5‑acre (m/l) residential land parcel
- Located just north of Mt. Vernon
- Restrictive covenants apply
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Residential land parcel offered with restrictive covenants on a 5-acre lot near Mount Vernon.
Where is this residential land & home lot located?
The property is located at Tract 4 North Mcdermott Lane Mount Vernon, IL.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: 5‑acre (m/l) residential land parcel; Located just north of Mt. Vernon; Restrictive covenants apply
