1708 Jefferson Avenue

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1708 Jefferson Avenue

Mt Vernon, IL 62864
Asking Price
$750K
Asset Type
Medical Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Medical office property available for purchase in Mt Vernon
  • Located at 1708 Jefferson Avenue with a listed price of $750,000
  • Facility serves as a professional space for healthcare service providers
  • Mt Vernon acts as a primary commercial hub in Southern Illinois
  • Strategic regional location supports accessibility for clients and staff

What's Special

This medical office building spans the property at 1708 Jefferson Avenue in Mt Vernon, Illinois. Situated within a key regional healthcare hub, the facility is well-positioned for practitioners or specialized service providers seeking a dedicated clinical environment. Mt Vernon serves as a central point for commerce and logistics in Southern Illinois, benefiting from its intersectional position between major regional transit corridors. The local economy relies on a diverse base of healthcare, retail, and manufacturing sectors that drive consistent demand for professional office space. Prospective owners can utilize this asset for private medical practices, diagnostic centers, or general administrative operations. The site provides accessibility to the local population and reflects the steady growth patterns observed across this Illinois submarket. The layout supports efficient patient flow and administrative organization, making it a functional choice for those expanding their footprint in the region.

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NOI
$80,000
Cap Rate
10.67%
DSCR
1.80
Strong
Cash-on-Cash
15.77%
Monthly Payment
$3,710.591
Annual Cash Flow
$35,472.911

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