Listing provided courtesy of C21 All Pro Real EstateMREDas Distributed by MLSGrid- MLS# EB460373MLS Provider

314 S 5TH StreetMt Vernon, IL 62864

Commercial
$78,500 Active

314 S 5TH Street Overview

Time on Site:
193 days
Visits:
1

Versatile Commercial Property Package with Multiple Buildings & Lots - B2 & RM2 Zoning. Exceptional opportunity to own a flexible multi-building commercial property with residential potential. This unique package includes: 36' x 62' Building: Heated and air-conditioned with bathroom and overhead door-ideal for workshop, storage, or business operations. 30' x 40' Finished Building (Built in 2013): Open-concept living area with kitchen, bathroom, and bedroom. Perfect as a live/work space or office. 24' x 40' Metal Building: Equipped with electric service-great for storage or small business use. 24' x 64' Building: Heated with overhead door, offering ample room for operations, storage, or customization. Additional Features: Multiple vacant lots included, providing space for expansion, development, or resale. B2 Zoning allows for a variety of business uses. Some parcels zoned RM2, providing potential for residential development. City utilities available. Rezoning is possible for residential use, offering the option to create a live/work compound. This property presents a great investment opportunity-ideal for business owners, developers, or investors looking to generate income through rental, resale, or mixed-use development. Would you like a flyer version or MLS-style listing format as well? ChatGPT can make mistakes. Check important info.

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314 S 5TH Street Facts & Features

  • Type Commercial

Details

General

Business Information

  • Current Use: Commercial,Estate

Location/Region

  • County Or Parish: Jefferson
  • MLS Area Major: Mt Vernon

Tax Information

  • Tax Annual Amount: $4,767.84

General Information

  • Parcel Number: 0729456010
  • Possible Use: Other
  • Property Type: Commercial Sale
  • Zoning: B2 &

Interior

Building Interior

  • Building Area Total: 0

General Information

  • Cooling: Central Air
  • Flooring: Carpet, Concrete, Tile

Exterior

Lot Information

  • Frontage Type: City Street

Building Exterior/Construction

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

314 S 5TH 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.

314 S 5TH 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.

314 S 5TH 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

314 S 5TH Street History

Date Event Value Agent
5/23/2026Source: MRED Price Reduction
$78,500 -19.9%
5/23/2026Source: MRED Price Increase
$98,000 24.8%
5/19/2026Source: MRED Status Change
Active
5/14/2026Source: MRED Price Reduction
$78,500 -19.9%
5/14/2026Source: MRED Status Change
Price Change
12/18/2025Source: MRED Added to Database
December 18, 2025