314 S 5TH Street — Mt Vernon, IL 62864
Active
▼ $19,500
Mt Vernon, IL 62864

314 S 5TH Street

$78,500
0 beds · 0 baths
$19,500 below original 203 days on market $4,768/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$78,500
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$4,768
Annual taxes
Retail/Stores
Style
203
Days on market
04Features
Cooling
Central Air
Construction
Aluminum SidingFrame
05Neighborhood
  • Joe's Pizza 0.5 mi
  • Subway 0.5 mi
  • Domino's 0.7 mi
  • Hardee's 0.8 mi
  • The Frosty Mug Bar & Grill 0.9 mi
  • The Hitchin' Post Restaurant 1.2 mi
  • Nothing surfaced nearby in our maps data.
  • Optimist Park 0.4 mi
  • Bob Strothman Baseball Park 1.0 mi
  • Al Dawson Senior Park 1.2 mi
  • Fairmont Ballpark 1.3 mi
  • Jefferson County Fairground 1.4 mi
  • Goldman-Kuenz Sculpture Park at Cedarhurst 1.5 mi
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

May 20, 2026
Price reducedThis listing
C21 All Pro Real Estate
$78,500
−$19,500
Nov 4, 2025
Listed for saleThis listing
C21 All Pro Real Estate
$98,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Anna, or Nadeem — real people on our team, no call centers.
09Similar homes
Listed by C21 All Pro Real Estate · Lisa McKinney · 618-237-4525
MLS data provided through MLS GRID · MRED MLS · MLS# MRDEB460373
Talk to an agent