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12165 N Wells Byp 115 Acres of Commercial Land Offered at $3,450,000 in Mount Vernon, IL 62864

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INVESTMENT HIGHLIGHTS

  • Location
  • Heavy Traffic
  • Tax Incentives

EXECUTIVE SUMMARY

Positioned at the heart of one of the region’s most strategic industrial corridors, this +/-115-acre tract offers an extraordinary development opportunity within the Industrial Park Conservation Area – Planned Unit Development. Located in both a Tax Increment Financing (TIF) District and an Enterprise Zone, this site offers powerful economic incentives for developers, investors, and end-users. Surrounded by nationally recognized retailers and major infrastructure—including Menards, Lowes, Walmart, Kohl’s, Aldi, NAPA Auto Parts, QuikTrip, and Interstate I-57—this property benefits from unmatched proximity to commercial traffic and logistics routes. All amenities and workforce accessibility are within a one-mile radius. Currently being farmed, this land provides interim income while you finalize development plans. Whether you're looking to establish a logistics hub, light manufacturing, warehousing, or commercial services, this site offers maximum flexibility and minimum development costs. Nearby parcels are actively trading at $160,000 per acre, making this property a rare value proposition in a fast-growing industrial zone. Don’t miss your chance to secure one of the last large tracts at a fraction of the market rate.

PROPERTY FACTS

Price $3,450,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Mixed Use
  • Multifamily
  • Single Family Development
  • Strip Center
  • Warehouse
Total Lot Size 115.00 AC
Zoning IPCA-PUD - Industrial Park Conservation Area - Planned Unit Development

1 LOT AVAILABLE

Lot

Price $3,450,000
Price Per AC $30,000.00
Lot Size 115.00 AC

See Deed.

DESCRIPTION

Positioned at the heart of one of the region’s most strategic industrial corridors, this +/-115-acre tract offers an extraordinary development opportunity within the Industrial Park Conservation Area – Planned Unit Development. Located in both a Tax Increment Financing (TIF) District and an Enterprise Zone, this site offers powerful economic incentives for developers, investors, and end-users. Surrounded by nationally recognized retailers and major infrastructure—including Menards, Lowes, Walmart, Kohl’s, Aldi, NAPA Auto Parts, QuikTrip, and Interstate I-57—this property benefits from unmatched proximity to commercial traffic and logistics routes. All amenities and workforce accessibility are within a one-mile radius. Currently being farmed, this land provides interim income while you finalize development plans. Whether you're looking to establish a logistics hub, light manufacturing, warehousing, or commercial services, this site offers maximum flexibility and minimum development costs. Nearby parcels are actively trading at $160,000 per acre, making this property a rare value proposition in a fast-growing industrial zone. Don’t miss your chance to secure one of the last large tracts at a fraction of the market rate

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-35-300-002
Land Assessment
$15,984
Improvements Assessment
$0
Total Assessment
$15,984
  • Listing ID: 38027642

  • Date on Market: 10/10/2025

  • Last Updated:

  • Address: 12165 N Wells Byp, Mount Vernon, IL 62864

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