12165 N Wells Bypass — Mt Vernon, IL 62864
Active
Mt Vernon, IL 62864

12165 N Wells Bypass

$3,450,000
0 beds · 0 baths
Listed at $3,450,000 231 days on market $2,616/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$3,450,000
List price
Square feet
Bedrooms
Bathrooms
Year built
115.00 ac
Lot size
Garage spaces
$2,616
Annual taxes
Land
Style
231
Days on market
04Neighborhood
This home HHigh school
H High school
Mt Vernon
Mt Vernon, IL
📍2.9 mi🚗7 min🚶69 min
  • Culver's 0.5 mi
  • Taco Jo's 0.8 mi
  • Ryan's 0.9 mi
  • Hardee's 0.9 mi
  • Panera Bread 0.9 mi
  • Freddy's 0.9 mi
  • Walmart Supercenter 0.7 mi
  • ALDI 0.7 mi
  • Circle K 0.9 mi
  • Circle K 0.9 mi
  • Pilot 1.0 mi
  • Travel Store 1.0 mi
  • Lincoln Park 0.9 mi
  • Starbucks 0.9 mi
POI data via Mapbox · OpenStreetMap contributors
05History

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

Oct 10, 2025
Listed for saleThis listing
CAPPS REALTY
$3,450,000
Sourced from MRED. Older events appear here as our history backfill completes.
06Ask Dwello

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07See it for yourself

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Listed by CAPPS REALTY · Cory Capps · 618-231-6548
MLS data provided through MLS GRID · MRED MLS · MLS# MRDEB460065
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