11255 N Sparrow Lane
Mt. Vernon, IL 62864

$1,499,000

Description

Multiple living quarters on a local ranch. Convenient Interstate access 2.5 miles from I-64/I-57 Exit 94. One of the top corridors in the U.S. for transportation with over 8,500 trucks per day per USDOT. The potential revenue from this 119 acre property is exciting. It has many assets lending it to horse training & boarding, raising cattle & large spectator events that have brought over 5,000 people in one day! The property is fenced and could easily be used for the most favorable livestock business at the time. Acreage could be broken off and sold as residential parcels as Mt. Vernon continues to expand. Located one mile from the new high school, the 119 acres can really only be limited by the next entrepreneur's imagination! Call for showing before someone else seizes this opportunity.

Details

MLS#427282
StyleHouse
Sub-TypeResale
StatusActive
Year1985
Days On Site86

Features

Bed(s)1
Bath(s) 1 Full
SQ Feet1,904
Garage2
Story(s)1 Story
Acreage119.31

Additional Information

Tax Exemption1
Tax Year2017
Approximate Taxes2900.00
Above Ground Sq. Footage1904.00

Market Activity 62864

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Area Information

StateIL
CountyJefferson
CityMt. Vernon
Zip Code62864
CountyJefferson
Elementary SchoolMcClellan
Listing VS Median (in 62864)
Price:
$1,499,000
low | high
Med:
$109,500
100% of Average
SqFt:
1,904
low | high
Med:
2,188
35.084033613445% of Average
$ / SqFt:
$787
low | high
Med:
$50
100% of Average
On Site:
86
low | high
Med:
94
91.489361702128% of Average
Listing Updated: 07/16/2019
MLS Number: 427282
Listing Provided By:
David Gilchrist  of  Coldwell Banker J. David Thompson Realty

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