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Listing provided courtesy of King City Property BrokersMREDas Distributed by MLSGrid- MLS# 12561223MLS Provider

224 S 10th StreetMt Vernon, IL 62864

Commercial · 24,780 Sq. ft.
$960,000 Active

224 S 10th Street Overview

Time on Site:
146 days
Visits:
0

The primary chop house is Rare Chop House, known for upscale dining, steaks, live music, and extensive bourbon/wine lists. Fully operational, profitable with a great staff. Many years have been dedicated to carefully crafting this restaurant providing top of the line cuisine and service to the Mt. Vernon area. Timelessly decorated offering several private dining opportunities for business or private parties. This property has a long history in Mt. Vernon and gives a nod by highlighting some of the original brick work. Mt. Vernon considers the establishment to be a cherished night spot! Fully functional chefs' kitchen, a beautiful wine cooler is situated in the center of restaurant. Additional floors above could make beautiful apartments. This property is sprinkled. Alcohol must be purchased separately. Artwork may not stay. Price includes all equipment, dishes etc. including some additional pieces stored onsite. Inventory is negotiable.

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224 S 10th Street Facts & Features

  • Type Commercial
  • Sq. ft. 24,780
  • Price/Sq.ft. $39

Details

General

Income/Expenses

  • Operating Expense: 0

Business Information

  • Business Type: Restaurant

Location/Region

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

Tax Information

  • Tax Annual Amount: $15,526.00
  • Tax Year: 2024

General Information

  • Parcel Number: 0729361006
  • Property Type: Business Opportunity
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 24780

General Information

  • Cooling: Central Air, Exhaust Fan
  • Electric: Ameren
  • Stories: 3

Unit Information

  • Unit SqFt.: 8160

Exterior

Lot Information

  • Additional Parcels: No
  • Lot Size Dimensions: 214x169
  • Lot Size Square Feet: 16371

224 S 10th 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.

224 S 10th Street Monthly Cost

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Corinne Guerra
* 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.

224 S 10th 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

224 S 10th Street History

Date Event Value Agent
2/9/2026Source: MRED Status Change
Active
2/4/2026Source: MRED Added to Database
February 04, 2026