12165 N Wells Bypass, Mt Vernon, IL 62864
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Listed by Cory Cappsof CAPPS REALTY
$ 3,450,000
Est. payment | /mo

115 Acres Lot


Save
$ 3,450,000
Est. payment | /mo
Save

115 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID EB460065

Annual Tax Amount $2,615

Tax Year 2024

Lot Size 115.000 Acres

Lot Dimensions irregular

Property Sub-Type Land

Property Description

Positioned at the heart of one of the region's most strategic industrial corridors, this +/-115-acre tract offers an extraordinary development opportunity within the Industrial Park Conservation Area - Planned Unit Development. Located in both a Tax Increment Financing (TIF) District and an Enterprise Zone, this site offers powerful economic incentives for developers, investors, and end-users. Surrounded by nationally recognized retailers and major infrastructure-including Menards, Lowes, Walmart, Kohl's, Aldi, NAPA Auto Parts, QuikTrip, and Interstate I-57-this property benefits from unmatched proximity to commercial traffic and logistics routes. All amenities and workforce accessibility are within a one-mile radius. Currently being farmed, this land provides interim income while you finalize development plans. Whether you're looking to establish a logistics hub, light manufacturing, warehousing, or commercial services, this site offers maximum flexibility and minimum development costs. Nearby parcels are actively trading at $160,000 per acre, making this property a rare value proposition in a fast-growing industrial zone. Don't miss your chance to secure one of the last large tracts at a fraction of the market rate.

Location

State IL

County Jefferson

Zoning Indus

Interior

Fireplace Y

Exterior

Utilities Available Other, Natural Gas Available

View Y/N true

Schools

High Schools Mt Vernon

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

Arthur Barkan

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 433-4553

arthur@barkanrealty.com

1700 W Higgins Rd STE 240, Plaines, IL, 60018

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12165 N Wells Bypass