2307 Benton Rd Mount Vernon, IL 62864
This exceptional commercial real estate offering encompasses nearly six acres of prime land in Mt. Vernon, IL's desirable business district, just south of the downtown area. The property boasts four existing buildings: a meticulously updated 3-bedroom, 2-bathroom home with modern amenities and included appliances; an 800 sq ft commercial building (40x20 ft, 12 ft ceilings) featuring a versatile layout ideal for office, retail, or showroom use, complete with a kitchenette, laundry, and bathroom; and two additional pole barn/metal structures providing ample warehousing, manufacturing, or storage space. The expansive lot offers abundant parking and significant potential for expansion or future development. This property presents a unique opportunity for investors, developers, and business owners seeking a versatile and strategically located asset in Southern Illinois. The property is zoned B2 and offers endless possibilities. All buildings are included in the sale price of $425,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.