Listing provided courtesy of QUINN REALTY AND PROPERTY MANAGEMENT GROUPMREDas Distributed by MLSGrid- MLS# EB450329MLS Provider

1300 GEORGE StreetMt Vernon, IL 62864

Commercial · 13,100 Sq. ft. | 1.93 Acres
$400,000 Active

1300 GEORGE Street Overview

Time on Site:
193 days
Visits:
3

**Income-Producing Commercial Property - For Sale or Lease** Excellent opportunity to own an income-producing commercial property with **two-year leases currently in place**, generating **over $1,500 per month** in rental income. Whether you're an investor looking for steady cash flow or a business owner seeking room to expand, this versatile property offers flexibility and growth potential. The property is fully secured with fencing and a gated key-code entry system and includes office space, multiple shop buildings, and additional storage bays. **Building A** features approximately 3,500 sq. ft. of office space, 1,500 sq. ft. of shop space, and 1,000 sq. ft. of upstairs storage. The office layout includes a reception area, waiting room, breakroom, large conference room, five private offices, and two restrooms. Currently empty **Building B** offers approximately 4,500 sq. ft. of heated and insulated shop space with two 14' overhead doors and one 10' overhead door. $750/mo 2 year lease **Building C** provides approximately 3,600 sq. ft. of heated and insulated shop space with water access. $750/mo 2 year lease Additionally, the property includes **19 storage bays**, creating further income potential or additional operational space. Several are rented at $75/mo This unique commercial property offers multiple revenue streams, expansion opportunities, and flexible use options. Property is also available for lease with various configuration options.

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1300 GEORGE Street Facts & Features

  • Type Commercial
  • Sq. ft. 13,100
  • Price/Sq.ft. $31
  • Lot 1.93 Acres

Details

General

Income/Expenses

  • Existing Lease Type: Net
  • Gross Income: 3600
  • Gross Scheduled Income: 40000
  • Net Operating Income: 50400
  • Operating Expense: 6886

Building Information

  • Year Built: 1960

Location/Region

  • County Or Parish: Jefferson
  • MLS Area Major: Mt Vernon
  • Township: N/A

Rent/Lease Information

  • Tenant Pays: All Utilities

Tax Information

  • Tax Annual Amount: $6,886.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0719476025
  • Possible Use: Other,Office
  • Property Sub Type: Other
  • Property Type: Commercial Sale
  • Zoning: comme

Interior

Building Interior

  • Building Area Total: 13100

General Information

  • Cooling: Central Air
  • Electric: Ameren
  • Flooring: Concrete, Other
  • Leasable Area: 6000
  • Stories: 1

Unit Information

  • Unit SqFt.: 4000

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street
  • Lot Size Acres: 1.93
  • Lot Size Dimensions: 376X224
  • Lot Size Square Feet: 84224

Building Exterior/Construction

  • Construction Materials: Aluminum Siding, Frame
  • Roof: Metal

General Information

  • Number Of Units Total: 3
  • Utilities: Water Available

1300 GEORGE Street Neighborhood

Community

62864 (Mt Vernon) Demographics

41
Median Age
160
Population Density (per sq. mile)
34%
College Educated
$47,896
Estimated Median Income
6,450
Estimated Total Home Owners
3,292
Estimated Total Renters
66% / 34%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1300 GEORGE Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1300 GEORGE Street Market Data

Based on the last 30 days in this zip code

$232,363
Average List Price
$124
Average Price per Square Foot
26
Properties Sold
73
Average Days on Market
94
Properties for Sale
Calculations provided by Reliance Network

1300 GEORGE Street History

Date Event Value Agent
5/23/2026Source: MRED Price Reduction
$400,000 -11.1%
5/22/2026Source: MRED Price Increase
$450,000 12.5%
3/6/2026Source: MRED Status Change
Active
3/1/2026Source: MRED Price Reduction
$400,000 -11.1%
3/1/2026Source: MRED Status Change
Price Change
12/18/2025Source: MRED Added to Database
December 18, 2025