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405 S 44TH Street
Mt Vernon, Illinois IL 62864
Listing ID EB445072
Price: $4,100,000
Active Status
31.190 Acres
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).
County: Jefferson
Property Sub Type: Investment,Land & Farm,Other
Property Type: Commercial
Zoning: Commercial
Cooling: Other Cooling
Flooring: Other Flooring
Heating: Other Heating
Insulation: Other Insulation
Approximate Lot SqFt: 1358636
Exterior Finish: Brick
Farm: no
Frontage/Access: City Street, Interstate, Paved 2Lane
Irregular Lot: yes
Land Description: Gently Rolling, Level, Part Wooded
Lot Dimensions: See Survey in Documents
Lot Size Remarks: See additional parcels in remarks
Number of Buildings: 1
Parking Spaces Allocated: 300
Roof Construction: Membrane
Sewer Source: Public Sewer
Utilities Onsite: Electric, Gas, Sewer, Water
Wall Construction: Brick
Water Company: Mt Vernon
Water Supply: City on Premises
Area/Tract: EBOR Area
Directions to Property: I-57 to exit 95 then east to 44th St , Mateer Dr. then South to property on east and west sides of the road.
Location: Other Location
Township: 2 South
Address Search Number: 405
Associated Document Count: 2
Building Description: 1 Story
Electric Company: Ameren
Gas Company: Ameren
List Date: 2022-06-22T00:00:00+00:00
Listing Visibility Type: MLS Listing
Options: Other Options
Parcel 1: 0635252007
Parcel 2: 0635252006
Parcel 3: 0635227016
Parcel 4: 0635227015
Property Type/Use: Commercial
Property Use: Other Property Use, Retail Pad
Range: 2 East
Section: 35
Annual Taxes: 73918
Easments/Restrictions: Road, Utilities
Flood Plain Insurance: no
For Lease: no
For Sale: yes
Net Operating Income: -73918
Possible Financing: Cash, Conventional
Sale/Lease Includes: Building, Land
Sale/Rent: For Sale
Tax Incentive: Enterprize Zone, TIF District
Tax Incentive: Unknown
Tax Year: 2020


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The RMLS data on this page was last updated on Wednesday, August 10th, 2022.
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Contact - Listing ID EB445072

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Howes & Jefferies REALTORS®

345 5th Avenue South
Clinton, IA 52732
Phone: 563-249-9998

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