Property profile

1007 42Nd St Mount Vernon, IL 62864

OFF-MARKET
Office Spaces
8,192 SF Built 1993
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Property summary

AI-generated overview

This 8,192 square foot Class B medical office building, constructed in 1993, is located at 1007 S 42ND Street, Mt. Vernon, IL 62864, near the Ilberry cross street. The property sits on land zoned for commercial use (APN: 06-35-429-002) and is conveniently situated within the St. Louis, MO submarket. The single-tenant building features a total of 8,192 square feet, with 1,268 square feet currently vacant. Amenities include a foyer, reception area, two and a half bathrooms, a work area, a utility room, and five office/exam rooms. The building does not have elevators. Utilities are handled as follows: tenant pays water and electric

Property profile

Verified
Property type Office Spaces
Year built 1993
Total area 8,192 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1007 42Nd St Mount Vernon, IL 62864
Mount Vernon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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