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    610 42Nd St Mount Vernon, IL 62864

    Sponsored
    For Lease
    $10 SF/Yr

    Prime Mt. Vernon Office, 4,360 SF Available

    Lot size:
    65,220 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Located in Mt. Vernon, Illinois, 42nd Street Plaza offers a 4,360 square foot traditional office space for lease within a larger 65,220 square foot building. This single-story building, renovated in 2020, sits on 5 acres of land and includes 150 parking spaces. The space is part of a multi-tenant building with 13 total suites, offering a vibrant business community. The property boasts a new Durolast roof, updated façade, new pylon signage, a resurfaced parking lot, and energy-efficient LED exterior lighting. Located at 610 S 42nd St, 62864, this property benefits from increased traffic due to a new highway exit, proximity to a new SSM hospital, Menards, and other new developments. Current tenants include established businesses such as SSM Healthcare, Dollar General, and others. The property features 3-phase power and Jefferson County taxes are $1.35 per square foot. The minimum divisible space is 4,360 square feet, with a maximum contiguous space of 4,360 square feet currently available. This exceptional location provides high visibility and easy access to a large customer base. This is an excellent opportunity to establish or expand your business in a thriving commercial center.

    Property Features for 610 42Nd St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    65,220 SF
    Total Rate
    54350

    Building Details

    Year Renovated
    2020
    Buildings
    1

    Unit(s) available at that property

    Space
    612A
    Size
    5,480 SF
    Rate per SF
    $10

    HighLights

    • Recently rezoned lot.
    • Rear loading dock.
    • New Duro‑Last insulated roof.
    • Ample parking (150+ spaces).
    • New LED lot and canopy lighting.
    • High daily traffic volume.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Jefferson
    State
    Illinois
    Longitude
    -88.9410356
    Latitude
    38.3100305

    Nearby Comparable

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    Nearby Similar for Lease

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      17,091 SF

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      Prime Mount Vernon Retail, 6,415 SF Available
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      Retail Space Near Kroger

      Retail space available in high-traffic shopping center anchored by Kroger.
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      Retail Center Shadow Anchored

      Retail space available in shadow-anchored shopping center.
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    FAQs

    What type of property is this?
    Restaurant - Prime Mt. Vernon Office, 4,360 SF Available
    Where is this restaurant located?
    The property is located at 610 42Nd St Mount Vernon, IL.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: Recently rezoned lot.; Rear loading dock.; New Duro-Last insulated roof.
    Request Owner's contact information
    610 42Nd St Mount Vernon, IL 62864
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    Mount Vernon, IL 62864
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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
    610 42Nd St Mount Vernon, IL 62864
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