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618-277-4400

19.97 Acres of Commercial Land

$1.50/SF

Listing Resources

Listing Description

This 19.97-acre site—formerly the Mt. Vernon Raceway—is positioned along the east side of North Wells Bypass in the southwest quadrant of the Veterans Memorial Drive & I 57/64 interchange (Exit 94). The property offers outstanding interstate visibility with approximately 42,200 vehicles per day along I-57/I-64. The site is located within both a TIF District and an Enterprise Zone, with all essential utilities available. It is in close proximity to Mt. Vernon High School, SSM Health Good Samaritan Hospital, and the city’s primary commercial growth corridor.

Situated just south of the Veterans Memorial Drive interchange, the property benefits from immediate access to I 57/I 64 and strong regional connectivity. The surrounding area includes major institutional, medical, and commercial anchors, supporting a wide range of potential development opportunities.

Sale Price: $1.50/SF – Undivided

Listing Details

Listing No : 3266
Sale Or Lease : For Sale
Property Type(s) : Land - Commercial
Lot Size (Acres) : 19.97 Acre(s)
Sale Price : $1.50/SF
Sale Price Per Acre : $65,340
Parcel No : 10-01-100-005 ; 10-01-300-008
Zoning : IPCA - PUD
Prior Use : Mt. Vernon Race Track
TIF : Yes
Enterprise Zone : Yes
Survey : Yes
Tax Year : 2024
Traffic Count : 42,200
Topography : Flat
Total Acres Available : 19.97 Acre(s)
Frontage : 950 ft
Depth : 1,000 ft
Water Provider : City of Mt. Vernon
Water Provider Location : At Site
Sewer Provider : City of Mt. Vernon
Sewer Provider Location : At Site
Gas Provider : Ameren Illinois
Electric Provider : Ameren Illinois
Electric Provider Location : At Site
Interstate : I-57/64 & Veterans Memorial Dr.

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