1318 Salem Road Mount Vernon, IL $ 599,000
1318 Salem Road
$ 599,000
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1318 Salem Road

Mount Vernon, IL, 62864
$ 599,000
Bedrooms-- Baths-- Sq 23,440

Monthly Estimate*

$ 4,137

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Commercial Property for sale in Mount Vernon, IL

for $599,000. This 23,440 square foot building was built in 1957 on a lot size of 1.

Excellent opportunity to own a 23,440-square-foot commercial warehouse in a high-traffic location on the north side of Mt. Vernon! This versatile property offers a great combination of existing rental income and room for additional business or investment opportunities. The front portion of the building is currently leased to a bar, while the middle section is occupied by a gym, leaving approximately 7,000 square feet available for an owner to occupy or lease for additional income. Upstairs, you'll find approximately 5,000 square feet of office space, providing even more flexibility for a variety of uses. The building is equipped with three-phase electrical service, central heating and air conditioning throughout most of the facility, and four drive-in doors. Two of the doors measure 12' wide by 14' high, while the additional doors measure 8' x 10' and 8' x 8', making the property well-suited for warehousing, distribution, storage, or other commercial operations. Location is another great feature, with convenient access and excellent exposure along a well-traveled road. According to IDOT, the average annual daily traffic count is approximately 5,850 vehicles. Whether you're an investor looking to expand your commercial portfolio or a business owner wanting space to operate while collecting rental income, this property offers plenty of possibilities. With its substantial square footage, established tenants, and additional space available, this is an opportunity worth exploring!

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Commercial Active

Price

$ 599,000

Property Type

Commercial

Taxes

$ 12,791

Style

Food & Beverage

Lot Size

1

Year Built

1957

Town/City

Mount Vernon

County/Region

Jefferson

MLS | Web ID

12800639

Features
General
Cooling Central Air
Zoning COMMR
Year Built 1957
Electric Three Phase
Stories Count 2
Tax Year 2025
Gross Income 66000
Business Type Food & Beverage
County Jefferson
Net Operating Income 40000
Operating Expense 26000
Property Type Commercial Sale Industrial
Status New
Directions From downtown Mt. Vernon take N 10th St./Salem Rd north to property at corner of George St. & Salem Rd.
City Mt Vernon
MLS Area Mt Vernon
Lot Size Square Feet 48000
Tax Annual Amount 12791
Additional Parcels Y/N N
Leasable Area 0
Standard Status Active
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Exterior
Building Area Total 23440
Lot Dimensions 165x325x150x289
Lot Size Acres 1
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* Excluded Features
List By
Capps Realty

Broker

corycapps@hotmail.com

Email

Affordability Calculator

$5,203
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,137
Monthly Property Taxes
$1,066
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2026$599,000 Listed Price

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1318 Salem Road, Mount Vernon, IL, 62864 is a Commercial Property for sale at $599,000 with 23,440 sqft and a lot size of 1. 1318 Salem Road was built in 1957. The property's zip code is 62864 which is in Mount Vernon, IL