1009 42Nd St, Mount Vernon, IL 62864
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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.