S 43rd Street

Share this listing

Pre-formatted captions, a short link, and a QR code β€” ready to paste.

Share image
Sized for LinkedIn Β· 1200Γ—627 β€” matches the caption above.
Rendering preview…

S 43rd Street

Mt Vernon, IL 62864
Asking Price
$250K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The parcel measures approximately 1.45 acres of land.
  • Property is situated on S 43rd Street in Mt Vernon.
  • Asking price for this real estate asset is $250,000.
  • Site coordinates are located at 38.2997 and -88.8865.
  • Mt Vernon serves as an accessible transit hub in Illinois.

What's Special

Mt Vernon serves as a central hub in Southern Illinois, benefiting from its intersection at major regional transit corridors. This 1.45-acre parcel on S 43rd Street positions an owner to capitalize on the connectivity of the local submarket. The regional economy relies on a mix of logistics, healthcare, and retail sectors, providing a solid foundation for development activities. Given the site dimensions and location, the land presents potential for various commercial or industrial applications that require accessibility to primary transportation routes. Investors looking to expand their portfolio in this growing suburban market may find the property well-suited for ground-up projects or long-term land banking strategies. Its strategic placement within the zip code 62864 allows for efficient movement of goods and services throughout the surrounding region.

Free Valuation Calculator

No login required

Run the numbers on this deal. All calculations are estimates β€” verify with your lender and accountant.

NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

Location & Travel Times