Property profile

1213 Broadway St Mount Vernon, IL 62864

OFF-MARKET
Commercial real estate
Property ID
US28-3932833
Individually Owned ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional $150,000 commercial property at 1213 Broadway in Mt. Vernon, Illinois (zip code 62864) presents a fantastic opportunity for businesses seeking a high-visibility location. Built in 1900, this single-building property offers a versatile blend of commercial, flex, and warehouse space, ideal for a variety of uses. The property's prime corner location ensures excellent traffic counts, maximizing exposure for your business. A significant portion of the building features a large showroom and office area, perfect for client interaction and administrative functions. The remaining space is well-suited for storage and distribution, boasting six overhead doors for easy loading and unloading of goods. The property's classification includes land, industrial, and retail components, offering flexibility in its potential applications. The current business is relocating, making this a turnkey opportunity to establish your presence in the heart of downtown Mt. Vernon. This property is situated in Jefferson County, Illinois, and its coordinates are 38.3163638 latitude and -88.9067625 longitude.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 07-30-491-004
UPID US28-3932833

Cap rate & NOI

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

Location

1213 Broadway St Mount Vernon, IL 62864-3809
Mount Vernon metro Census 51000 MOUNT VERNON, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$90k

Owner & transaction history

since 2025
Last sale
$500
3 recorded transactions
2025
$500
2025
Price N/A
2020
$83,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1213 Broadway St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message