Price Reduced Listing**Income-Producing Commercial Property - For Sale or Lease** Excellent opportunity to own an income-producing commercial property with **two-year leases currently in place**, generating **over $1,500 per month** in rental income. Whether you're an investor looking for steady cash flow or a business owner seeking room to expand, this versatile property offers flexibility and growth potential. The property is fully secured with fencing and a gated key-code entry system and includes office space, multiple shop buildings, and additional storage bays. **Building A** features approximately 3,500 sq. ft. of office space, 1,500 sq. ft. of shop space, and 1,000 sq. ft. of upstairs storage. The office layout includes a reception area, waiting room, breakroom, large conference room, five private offices, and two restrooms. Currently empty **Building B** offers approximately 4,500 sq. ft. of heated and insulated shop space with two 14' overhead doors and one 10' overhead door. $750/mo 2 year lease **Building C** provides approximately 3,600 sq. ft. of heated and insulated shop space with water access. $750/mo 2 year lease Additionally, the property includes **19 storage bays**, creating further income potential or additional operational space. Several are rented at $75/mo This unique commercial property offers multiple revenue streams, expansion opportunities, and flexible use options. Property is also available for lease with various configuration options.
| MLS # | EB450329 |
|---|---|
| Listing Type | For Sale |
| Style | Office/tech |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 1124 |
| Listing Provided By | QUINN REALTY AND PROPERTY MANAGEMENT GROUP | Cindy Quinn |
| SQ Feet | 13,100 |
|---|---|
| Story(s) | 1 |
| Units | 3 |
| Zoning | comme |
| Acreage | 1.93 |
| Cooling | Central Air |
|---|
| Roof | Metal |
|---|---|
| Construction Materials | Aluminum Siding, Frame |
| Utilities | Water Available |
|---|---|
| Electric | Ameren |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 6886 |
| State | IL |
|---|---|
| County | Jefferson |
| City | Mt Vernon |
| Zip Code | 62864 |
| Area | Mt Vernon |
| Listing VS Median (in 62864) | |
Price: $375,000 low | high Med: $200,000 sqft: 13,100 low | high Med: 2,308 $ / sqft: $29 low | high Med: $87 On site: 1124 low | high Med: 62 | |
| State | IL |
|---|---|
| County | Jefferson |
| City | Mt Vernon |
| Zip Code | 62864 |
| Area | Mt Vernon |
| Listing VS Median (in 62864) | |
Price: $375,000 low | high Med: $200,000 sqft: 13,100 low | high Med: 2,308 $ / sqft: $29 low | high Med: $87 On site: 1124 low | high Med: 62 | |