314 S 5TH Street, Mt Vernon, IL 62864
Jefferson County
Key Facts
Description
Versatile Commercial Property Package with Multiple Buildings & Lots - B2 & RM2 Zoning. Exceptional opportunity to own a flexible multi-building commercial property with residential potential. This unique package includes: 36' x 62' Building: Heated and air-conditioned with bathroom and overhead door-ideal for workshop, storage, or business operations. 30' x 40' Finished Building (Built in 2013): Open-concept living area with kitchen, bathroom, and bedroom. Perfect as a live/work space or office. 24' x 40' Metal Building: Equipped with electric service-great for storage or small business use. 24' x 64' Building: Heated with overhead door, offering ample room for operations, storage, or customization. Additional Features: Multiple vacant lots included, providing space for expansion, development, or resale. B2 Zoning allows for a variety of business uses. Some parcels zoned RM2, providing potential for residential development. City utilities available. Rezoning is possible for residential use, offering the option to create a live/work compound. This property presents a great investment opportunity-ideal for business owners, developers, or investors looking to generate income through rental, resale, or mixed-use development. Would you like a flyer version or MLS-style listing format as well? ChatGPT can make mistakes. Check important info.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Zoning
B2 &
Days on Market
203
MLS® Listing#
EB460373
Property Features
Cooling
Flooring
Construction
Roof
Financial Details
Annual Taxes
$4,768
Parcel Number
0729456010
Directions
East Of Mt.Vernon
Affordability Calculator
$15,700
Estimated monthly payment
$418/mo
Principal $62,800 · Est. interest $87,612 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mt Vernon, IL
- $298,305
- Median Listing Price
- 41
- Median Days on Market
- 1,882
- Median Sq Ft
- $140
- Median Price / Sq Ft
- 143
- Active Listings
- This home’s price is 74% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mt Vernon, IL.
Location
Getting Around
Points of Interest in Mt Vernon, IL
Showing the Mt Vernon area map.
Nearby Schools
Mt. Vernon High School
Secondary · 0.1 mi away
Franklin School
School · 0.3 mi away
St Mary's Parochial School
School · 0.7 mi away
Andy Hall Early Childhood Center
School · 0.8 mi away
Zadok Casey Middle School
Secondary · 0.9 mi away
Mt Vernon Primary Center
Elementary · 1.1 mi away
Mt Vernon Alternative School
Secondary · 1.6 mi away
Mount Vernon City Schools District 80
School · 1.6 mi away
Mt Vernon Primary Center
Elementary · 1.7 mi away
Summersville Grade School
Elementary · 1.8 mi away
Mt Vernon Christian School
School · 2.1 mi away
J L Buford Intermediate Ed Ctr
Elementary · 2.1 mi away
J. L. Buford Elementary School
Elementary · 2.2 mi away
Bethel Grade School
Elementary · 2.6 mi away
Mt. Vernon Township High School
Secondary · 3.5 mi away
Dodds Elementary School
Elementary · 4.3 mi away
McClellan Elementary School
Elementary · 4.7 mi away
Opdyke-Belle Rive Grade School
Elementary · 6.9 mi away
Woodlawn Grade School
Elementary · 7.6 mi away
Woodlawn Unit School District
Secondary · 7.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 105 S 18th Street, Mt Vernon, IL | $55,000 | — | — | 712 |
| 309 Caborn Street, Mt Vernon, IL | $62,500 | 3 | 2 | — |
| 114 W 5TH Street, Mt Carmel, IL | $69,900 | — | — | 3,480 |
| 1012 MAIN Street, Mt Vernon, IL | $69,900 | — | — | 885 |
| 1300 Tolle Lane, Mt Vernon, IL | $70,000 | — | — | — |
| 605 S 24th Street, Mt Vernon, IL | $74,500 | 4 | 2 | 1,356 |
Moving Cost Estimate
EXIT Agents in Mt Vernon
Listing Courtesy: C21 All Pro Real Estate - 6182429850
Last Updated: 2025-11-04