1500 SALEM Road Mount Vernon, IL ^$ 279,000

1500 SALEM Road

^$ 279,000

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Recently Listed

1500 SALEM Road

Mount Vernon, IL, 62864

^$ 279,000

Bedrooms-- Baths-- Sq 6,420

Monthly Estimate*

^$ 1,741

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Commercial Property for sale in Mount Vernon, IL

for $279,000. This 6,420 square foot building was built in 1930 on a lot size of 0.77.

Excellent Location on Hwy 37 North edge of Mt. Vernon, Commercial Building and Business Opportunity, over 6,300 square feet, Excellent location for many business types, currently used as a grocery store, but also a perfect location for a retail business, a restaurant, office, etc., This property has 2 coolers inside and a detached freezer and cooler outside, Handicap accessible entrance at front, Zoned B2, this property sits on a corner lot with 3 entrances on 2 sides, traffic count at 5,850 per day, don't miss your chance to own highway frontage property in Mt. Vernon IL

Commercial Active

Price

^$ 279,000

Property Type

Commercial

Taxes

^$ 4,353

Style

Commercial

Lot Size

0.77

Year Built

1930

Town/City

Mount Vernon

County/Region

Jefferson

MLS | Web ID

EB456865

Features

General

Cooling Central Air

Zoning B2

Construction Materials Block Brick Frame Wood Siding

Year Built 1930

Current Use Commercial

County Jefferson

Property Type Commercial Sale Retail/Stores

Possible Use Office

Status Active

Directions North edge of Mt Vernon on State Highway 37 also called Salem Road located on the east side on the corner of Linview Drive and Salem Road

City Mt Vernon

MLS Area Mt Vernon

Lot Size Square Feet 33583

Tax Annual Amount 4353.86

Standard Status Active

Interior

Flooring Concrete Tile

Exterior

Water Source Municipal Water

Building Area Total 6420

Lot Dimensions approx 194.63 X 172.55

Lot Size Acres 0.77

Frontage Type Other City Street Frontage Road State Road Paved

* Excluded Features

List By

Southern Realty, Llc

Broker

marysusan.southernrealty@gmail.com

Affordability Calculator

$2,103

Per Month

Monthly Principal & Interest: $1,741
Monthly Property Taxes: $363
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Mount Vernon, IL

Average List Price ^$393,395

Percent of Sale Price 41%

About Mount Vernon, IL

14,706 Population

-9% Since 2002

^$35,512 Median Income

39.01 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/19/2025	$279,000		Listed Price

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1500 SALEM Road, Mount Vernon, IL, 62864 is a Commercial Property for sale at $279,000 with 6,420 sqft and a lot size of 0.77. 1500 SALEM Road was built in 1930. The property's zip code is 62864 which is in Mount Vernon, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 12/25/2025.

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1500 SALEM Road

Commercial Property for sale in Mount Vernon, IL

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