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    OFF-MARKET
    Office Spaces

    1009 42Nd St, Mount Vernon, IL 62864

    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,268 square foot medical office building is situated in a prime Mt. Vernon, Illinois location, offering convenient access to the city's medical facilities. The single-tenant property features a welcoming foyer, a dedicated reception area, and two and a half bathrooms. A nurse's station/work area and a utility room add to the functionality of this well-designed space. Six exam rooms/offices provide ample space for a variety of medical practices. The property is zoned commercial and sits on land with APN 06-35-429-002. Utilities (water and electric) are the responsibility of the tenant, while trash removal, snow removal, and exterior maintenance are included in the lease. The lease agreement requires a two-year commitment and includes a clause mandating tenant liability insurance with the landlord listed as an additional insured. This turnkey medical office presents a fantastic opportunity for established or emerging medical professionals seeking a well-maintained and conveniently located space. The property is ready for immediate occupancy. Inquire today to schedule a viewing.

    Property profile
    Verified
    Property type Office Spaces
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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