405 S 44TH Mt Vernon IL 62864

405 S 44TH Mt Vernon IL 62864
$ 4,100,000

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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).

Location Details

  • County: Jefferson
  • 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.
  • Area/Tract: EBOR Area
  • Zoning: Commercial
  • LOCATION: Other Location

Property Details

  • Sale/Rent: For Sale
  • Lot Dimensions: See Survey in Documents
  • For Sale: Yes
  • For Lease: No
  • # of Buildings: 1
  • Approx . # of Acres: 31.19
  • PROPERTY TYPE/USE: Commercial
  • LAND DESCRIPTION: Level,Gently Rolling,Part Wooded
  • EASEMENTS/RESTR: Road,Utilities
  • PROPERTY USE: Other Property Use,Retail Pad

Property Features

  • OPTIONS: Other Options
  • #Parking Spaces Allocated: 300
  • FRONTAGE/ACCESS: Paved 2Lane,Interstate,City Street
  • HEATING: Other Heating
  • COOLING: Other Cooling
  • WALL CONSTRUCTION: Brick
  • FLOORING: Other Flooring
  • ROOF CONSTRUCTION: Membrane
  • EXTERIOR FINISH: Brick
  • SEWER SOURCE: Public Sewer
  • BUILDING DESCRIPTION: 1 Story
  • UTILITIES ONSITE: Electric,Gas,Sewer,Water
  • WATER SUPPLY: City on Premises

Fees & Taxes

  • Tax Year: 2020
  • Annual Taxes: $ 73,918
  • MLS Participant Compensation (Sale): 2.4%

Miscellaneous

  • POSSIBLE FINANCING: Cash,Conventional
  • Gas Company: Ameren
  • Electric Company: Ameren
  • Water Company: Mt Vernon
  • Net Operating Income (IV): -73918

Courtesy of

  • Listing Office: SOMER REAL ESTATE

This style property is located in Mount Vernon is currently and has been listed on Somer Real Estate. This property is listed at $ 4,100,000. It has bedrooms, bathrooms, and is . The property was built in year.