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    2801 Broadway St Mount Vernon, IL 62864

    For Lease
    $13 SF/Yr

    1,000 sq ft Office, High Traffic

    Lot size:
    1,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional commercial property at 2801 BROADWAY Street, Mt. Vernon, IL 62864, offers 1,000 square feet of versatile space in a single-tenant building. Boasting a highly desirable location with an estimated 21,000 average daily traffic count (per IDOT), this end unit benefits from ample parking (approximately 25 vehicles) in a well-lit lot. Recent improvements include a new roof (April 2020) and two completely updated bathrooms featuring new paint, flooring, vanities, and fixtures. The interior layout includes a spacious reception area with a transaction window, a large room suitable for use as an executive office or conference room, three additional private offices (one with cabinets and a sink), and a dedicated mechanical/technology room. The property is zoned B2. Landlord responsibilities include water/sewer, garbage removal, and exterior maintenance. Lease terms include a one-year lease, a security deposit equal to one month's rent, and first month's rent due at move-in. A $30 non-refundable application fee applies. Utilities (excluding water/sewer) are the tenant's responsibility. The property is ready for immediate occupancy. APN: 0625478005.

    Property Features for 2801 Broadway St

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,000 SF

    Building Details

    Buildings
    1

    Unit(s) available at that property

    Space
    A
    Size
    1,000 SF
    Rate per SF
    $13

    HighLights

    • 1,000 SF single‑tenant building at 2801 BROADWAY Street, Mt. Vernon, IL 62864.
    • High‑traffic location (approx. 21,000 ADT per IDOT), end unit with ample parking (approx. 25 spaces).
    • Recent improvements include a new roof (2020) and two updated bathrooms.
    • Features reception area, executive office/conference room, three private offices, and mechanical/technology room.
    • B2 zoning; Landlord pays water/sewer, garbage, and exterior maintenance; One‑year lease, one‑month security deposit, and first month's rent due at lease signing. $30 non‑refundable application fee. Tenant pays utilities (excluding water/sewer). Ready for immediate occupancy. APN: 0625478005.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9264067
    Latitude
    38.3149611

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    FAQs

    What type of property is this?
    Office Property / Space - 1,000 sq ft Office, High Traffic
    Where is this office property / space located?
    The property is located at 2801 Broadway St Mount Vernon, IL.
    What is the lease rate?
    The lease rate is $13 SF/Yr.
    What are key features of this property?
    This property features: 1,000 SF single-tenant building at 2801 BROADWAY Street, Mt. Vernon, IL 62864.; High-traffic location (approx. 21,000 ADT per IDOT), end unit with ample parking (approx. 25 spaces).; Recent improvements include a new roof (2020) and two updated bathrooms.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2801 Broadway St Mount Vernon, IL 62864
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