123 S Tenth St | Mount Vernon, IL 62864
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- LoopNet Team
123 S Tenth St
Mount Vernon, IL 62864
Absolute Auction: Downtown Office w/ Income · Office Property For Sale
Investment Highlights
- Brodcast Service Monthly Income: approximatly $101,000 in income from Broadast Service Agreement in 2020.
- Signalized Intersection Hard Corner Lot Placement
- comprised of a multi-tenant design with two levels of structured parking and additional parking on the opposite side of 11th street.
- Central Location in Downtown Mount Vernon
- Located in a TIF district, Enterprise Zone, and Opportunity Zone thereby providing a full range of economic incentives.
- The offering will allow new ownership to pursue an owner-user strategy or lease-up to prospective tenants to maximize investment returns.
PROPERTY FACTS
Property Type
Office
Building Size
70,000 SF
Building Class
B
Year Built
1960
Tenancy
Multiple
Number of Floors
7
Typical Floor Size
10,000 SF
Building FAR
1.03
Lot Size
1.56 AC
Parking
138 Spaces (1.97 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 07-29-356-003 | Improvements Assessment | £171,444 |
| Land Assessment | £80,411 | Total Assessment | £251,855 |
PROPERTY TAXES
Parcel Number
07-29-356-003
Land Assessment
£80,411
Improvements Assessment
£171,444
Total Assessment
£251,855
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