0000 27Th St Mount Vernon, IL 62864
This exceptional 1.24-acre lot presents a unique opportunity to build your dream home in Mt. Vernon, Illinois. Located on 27th Street, this property is one of only two remaining lots available in this desirable area, bordering the tranquil Windcrest subdivision. The strategic location offers the benefit of proximity to established amenities while maintaining a sense of seclusion. A significant advantage is the lot's adjacency to 15 acres of permanently protected, undeveloped land, ensuring a lasting natural backdrop and preserving the peaceful character of the neighborhood. Furthermore, the convenience of readily available water and sewer lines running through the property simplifies the construction process, saving time and resources. This is an exceptional opportunity to secure a piece of Mt. Vernon's desirable real estate market. The asking price for this remarkable 1.24-acre lot is $39,900. An adjoining 1.24-acre lot is also available for purchase, presenting the possibility of acquiring a larger parcel. Don't miss this chance to build your future in this serene and convenient location. The property is situated in Jefferson County, Illinois, with a zip code of 62864. Coordinates are 38.3137359 latitude and -88.9489059 longitude.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.