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323 S 11th St , Mt Vernon, IL 62864
$210,000
Est. Payment: $1,126.75/mo
7200 Sqft
0.3 Acres
Status: pending | Days on site: 192
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98158 - 1060085,1060085
By proceeding and clicking the sign up button, you consent to receive calls and texts (SMS/MMS) including marketing and promotional communications, from IDX Support, its affiliates, and agents or vendors acting on their behalf. These communications may be delivered using an automatic telephone dialing system or by using an artificial or prerecorded voice. Message and data rates may apply. To opt out of text messages, reply STOP. Your consent is not required as a condition of any purchase. By continuing, you also agree to our Terms of Use and Privacy Policy.
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House Description

COMMERCIAL OPPORTUNITY IN THE HEART OF DOWNTOWN MT. VERNON! MULTI-USE * MULTI-FUNCTIONAL * ENDLESS POSSIBILITIES 323 S 11th St, Mt. Vernon, IL 7,200 Square Feet Looking for the perfect space for your next business venture? This versatile downtown property offers incredible potential for a wide range of uses, including: Winery Distillery Craft Brewery or Bar Entertainment Venue Retail Space Warehouse/Distribution Creative Studio or Event Space One of the biggest advantages? This property is located within Mount Vernon's DORA (Designated Outdoor Refreshment Area) District, allowing patrons to enjoy beverages in approved DORA cups while exploring downtown businesses. Imagine creating a destination where customers can sip, stroll, and experience everything downtown Mt. Vernon has to offer! Property Highlights: Located in the Downtown TIF District Enterprise Zone incentives may be available Two newer 12' overhead doors Four truck-level loading docks (currently inactive but may be reopened) Seller states lot can accommodate full-size tractor trailer deliveries Multiple walk-through access points Various ceiling heights for flexible use Column spacing approximately 10'-11.3' Ready to be customized to fit your vision Whether you're expanding an existing business, launching a new concept, or investing in one of Mt. Vernon's most exciting downtown areas, this property offers the location, size, and flexibility to make it happen. ENDLESS POSSIBILITIES AWAIT!! This property is located in the "Dora" zone and Downtown TIF District. Tif and Enterprise requirements/benefits may blend and be mutually exclusive. There are two (newer) 12' overhead doors with variously located walk through doors. This building has four TL Docks (7.9 high by 5.8 width) but will need to be opened up for use as they are not currently in use. It's possible these dimensions may be expanded. The seller states that the lot will accept a full-size tractor trailer for deliveries. Aerial is attached. The interior space may need to be modified to meet specific needs. Various ceiling heights. Column spacing minimum 10 feet, maximum 11.3 feet.
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Highlights

Listed by STEFANIE GENTLES , 618-237-2414 King City Property Brokers , 618-316-7331. Midwest Real Estate Data mls logo

Property Type

Commercial Sale
Lot/Acreage
0.3

Year Built

1900

County

Jefferson

Area

Mt Vernon

Listing ID

12577006

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Interior Features

Air Cond:Central Air,Exhaust Fan,Heat Pump,Partial
Fireplaces:

Exterior Features

Lot Dimensions:100x130
Principal Interest
$1,127
Taxes
$289

Home Price

$210,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$42,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,126.75

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,126.75 $289.42 $0.00 $1,416.17
Yearly $13,520.99 $3,473.00 $0.00 $16,993.99
Total $405,629.63 $104,190.00 $0.00 $509,819.63
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Market insight data is pulled from the same city as the listing being viewed (Mt Vernon, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T04:57:04.000Z

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