222 44Th StMount Vernon, IL 62864

This 1.83-acre commercial property in Mt. Vernon, Illinois, presents a unique investment opportunity. The property, built in 1977 (with an effective age of approximately 20 years), boasts a prime location at the intersection of Interstates 57 and 64, offering exceptional visibility and accessibility. The existing building features a substantial number of rental units, including eleven double occupancy rooms and ten single occupancy rooms on the first floor, along with additional double and single rooms on the second floor, plus two manager's apartments. The first floor also includes dedicated customer service areas, offices, restrooms, utility space, and laundry facilities. The property has 68 parking spaces and is zoned B2 (Secondary Business), providing flexibility for various commercial uses. The property benefits from a convenient location near Mt. Vernon Outland Airport and St. Louis Lambert International Airport. The building has a current Fire Class Rating of 3. This property is situated equidistant from St. Louis, Missouri; Evansville, Indiana; Paducah, Kentucky; and Effingham, Illinois, making it an attractive location for travelers and businesses alike. The asking price is $2,200,000. The property's APN is 07-31-451-003. The ownership structure is corporate. This property is an excellent investment opportunity for those seeking a high-traffic location with significant rental income potential.