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Office Building with Reception Area

541 S 27th Street, Mount Vernon, IL 62864

For Sale
$79,000

Updated finishes complement three private office or conference rooms and a kitchenette.

Property Size864 SF
Price / SF$91.44
Days on Market190

Property Features for 541 S 27th Street

General Information

Standard status Active
Size 864 SF
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $2,299

Building Details

Building Size 864 SF
Year Built 1960
Stories 1
Listing Agency: Cross Davidson Real Estate
Listed By: Brian Wood · License #471017028
Source: Fishmangroup
Added: May 4 Changed: Nov 7 Last Checked: Nov 8 at 8:40PM

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 Cross Davidson Real Estate

Rey
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Investment Insights

Based on property information with market context.

This 864-square-foot office property has refreshed interior and exterior finishes. The layout includes a shared reception area, three offices or conference rooms, a kitchenette, and one restroom. A sizable storage area has its own exterior entrance, and the rear lot can accommodate over 15 vehicles.

Built in 1960, the property is located at 541 S 27th Street in Mt Vernon, Illinois.

Key Highlights

  • 864‑square‑foot office building
  • Three offices or conference rooms, plus a common reception area
  • Kitchenette and restroom

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Electrical Service Garden Center HVAC Service Building Supply Big Box & Wholesale Store

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

397
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
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Office building - Updated finishes complement three private office or conference rooms and a kitchenette.
Where is this office building located?
The property is located at 541 S 27th Street Mount Vernon, IL.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: 864‑square‑foot office building; Three offices or conference rooms, plus a common reception area; Kitchenette and restroom
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