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405 S 44TH Street Mt Vernon ,
Illinois IL 62864 Status Closed
Sold Date 5/04/2023
Acres
31.190
County Jefferson
Property Type Commercial Sale
Property Sub Type Commercial
Description
High visibility 31.19 acres of commercial land prime for redevelopment abutting the east side of Interstate 57, south of Illinois Route 15 in Mt. Vernon, IL. Access to the property is from IL Rte 15 via 44th Street. Currently under construction access to 44th Street from 42nd Street via Mateer Drive. The 31.19 acres is traversed north to south by 44th Street dividing the property with 7.65 acres lying between 44th Street and Interstate 57, AND 23.54 acres lying east of 44th Street. All utilities are on site. Located on the property and included is one commercial structure (previously a Captain D's, currently a privately operated restaurant).
Property Type
Commercial Sale
Property Sub Type
Commercial
Zoning
Commercial
Levels
One
Heating
Other
Cooling
Other
Construction Materials
Brick
Number Of Buildings
1
Frontage Type
City Street, Interstate, Paved 2Lane
Parking Total
300
Lot Size Dimensions
See Survey in Documents
Lot Features
Gentle Sloping, Level, Part Wooded, Road, Utilities
Irregular Lot
yes
Lot Size SqFt
1358636
Utilities
Electric to Site, Gas, Sewer Connected, Water Connected
Sewer
Public Sewer
Electric Company
Ameren
Gas Company
Ameren
Roof
Membrane
Farm
no
100 Year Flood Plain
No
Directions
I-57 to exit 95 then east to 44th St , Mateer Dr. then South to property on east and west sides of the road.
Township
2 South
Buyer Agency Compensation
2.4%
Current Use
Commercial
Possible Use
Other, Retail, Investment
Documents Available
Aerial Photos, Legal Description, Survey
Documents Count
2
Section
35
Range
2 East
Input Type
Commercial
Tax Annual Amount
73918
Tax Incentive
Enterprize Zone,TIF District
Tax Year
2020
Current Financing
Cash Only, Conventional
Net Operating Income
-73918
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but is not guaranteed and should be independently verified through personal inspection and/or with the appropriate professionals. The offer is made only to Participants of the MLS where the listing is filed
The RMLS data on this page was last updated on Sunday, June 4th, 2023.
Listed by: SOMER REAL ESTATE Phone: 618-548-5123
© Copyright 2023 RMLS Alliance. All rights reserved. This information is provided for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which they may be interested in purchasing. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange program of RMLS Alliance. Real estate listings held by brokerage firms other than WHY USA Schramm and Associates are marked with the RMLS logo and detailed information about them includes the name of the listing brokers.
