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4515 Ilberry Rd
Mount Vernon, IL 62864
6.21 Acre Prime Commercial Site · Land For Sale
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6.21 AC
INVESTMENT HIGHLIGHTS
- Located in a TIF District with potential development incentives
- All essential utilities to site for streamlined development
- Zoned for flexible commercial use in a growing corridor
- Dual frontage parcels with visibility from Interstate 57
- Surrounded by national retailers and medical offices
- Seller will consider dividing the property for multiple projects
EXECUTIVE SUMMARY
6.21 Acres prime commercial land. As depicted on the site plat the 6.21 acres is split with 3.5 acres on the east side of 44th Street and 2.71 acres on the west side of 44th Street abutting and visible from I-57. Each parcel has an approximate frontage of 560 ft along 44th Street. Located in a TIF District which can enhance commercial development. All essential utilities border or within close proximity to the site.
The 6.21 acres is located in southeast Mt. Vernon off of Ilberry Road with frontage off of the recently completed section of 44th Street extending from IL Rt. 15 south to Heritage Ave. paralleling the east side of I-57/64. The immediate area is a mix of commercial / business along with high density residential and institutional uses.
The 6.21 acres is located in southeast Mt. Vernon off of Ilberry Road with frontage off of the recently completed section of 44th Street extending from IL Rt. 15 south to Heritage Ave. paralleling the east side of I-57/64. The immediate area is a mix of commercial / business along with high density residential and institutional uses.
PROPERTY FACTS
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Proposed Use | Commercial |
| Property Type | Land | Total Lot Size | 6.21 AC |
| Zoning | B-2 - Secondary Business In a TIF | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 6.21 AC |
| Zoning | B-2 - Secondary Business In a TIF |
1 LOT AVAILABLE
Lot
| Price | $797,998 | Lot Size | 6.21 AC |
| Price Per AC | $128,502.09 |
| Price | $797,998 |
| Price Per AC | $128,502.09 |
| Lot Size | 6.21 AC |
As depicted on the site plat the 6.21 acres is split with 3.5 acres on the east side of 44th Street and 2.71 acres on the west side of 44th Street abutting and visible from I-57.
PROPERTY TAXES
| Parcel Number | 06-35-428-003 | Improvements Assessment | $0 |
| Land Assessment | $180,339 | Total Assessment | $180,339 |
PROPERTY TAXES
Parcel Number
06-35-428-003
Land Assessment
$180,339
Improvements Assessment
$0
Total Assessment
$180,339
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