Property summary
This exceptional investment opportunity presents two divisible parcels totaling 25 acres (12 and 13 acres) in Mount Vernon, Illinois. Strategically located at the high-traffic interchange of I-57 and I-64 near Wells Bypass Lane, this commercially zoned land benefits from its position within a Tax Increment Financing (TIF) District and Enterprise Zone. The property enjoys exceptional visibility and accessibility, enhanced by recently installed traffic signals and new sidewalks. Adjacent to a new QuikTrip and Menards, and across the interstate from SSM Good Samaritan Hospital, this site offers unparalleled proximity to major retailers and healthcare facilities. Nearby amenities include Walmart, Lowe's, and Staples, ensuring high consumer traffic. All utilities are available, making this a turnkey opportunity for a variety of commercial developments, including hotels, retail outlets, or fast-food establishments. The property's location near Veterans Memorial Parkway and Wells Bypass provides significant advantages for businesses seeking high visibility and convenient access to major transportation arteries. The average daily traffic count exceeds 45,400 vehicles. The asking price is negotiable. This is a rare chance to acquire a substantial land holding in a rapidly growing area with strong infrastructure and established commercial presence. The fee simple ownership provides complete control and flexibility for future development plans. Don't miss this chance to capitalize on the significant potential of this prime commercial real estate.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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