$455,000
SOLD OCT 28, 2025

3501 Broadway St Mount Vernon, IL 62864

1 Acres
$455,000 Price per Acre
43,560 Sq Ft Lot

Recently Sold

$136 Per Sq Ft

13% Below List Price

253 Days on Market

About This Lot

As of October 2025

Prime commercial property located in the heart of town, this property presents an exceptional opportunity for developers, investors, or businesses looking to establish a presence in one of the most high-traffic areas. Previously home to the WMIX radio station, this centrally located commercial lot sits prominently on Broadway, one of the busiest and most traveled roads in the area. The property is situated within an Enterprise Zone, providing potential tax incentives and other benefits to qualified projects, making it an ideal choice for a wide range of commercial ventures. With high visibility, easy access, and ample potential for redevelopment, this property is poised for success.

Last Agent to Sell the Property

Cory Capps

CAPPS REALTY License #471021492 Listed on: 01/28/2025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,269

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 158x265
  • Property is zoned Comme

Schools

  • Mt Vernon High School

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$12,269

Lot Details

1 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Subdivision Name: Unknown
  • Legal Description: PT LOT 4 E1/2 NW
  • Actual Status: Closed
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Other

Schools

  • High School: Mt Vernon

Lot Info

  • Lot Size Acres: 1
  • Lot Dimensions: 158x265
  • Zoning: Comme

Rental Info

  • Board Number: 29

Tax Info

  • Tax Annual Amount: 12268.86
  • Tax Year: 2024
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2025
Closed on
Oct 24, 2025
Sold by
Withers Broadcasting Company Of Illinois
Bought by
Pscmv Holdings Llc
Seller's Agent
Cory Capps
CAPPS REALTY
List Price
$525,000
Sold Price
$455,000
Premium/Discount to List
-$70,000
-13.33%
Views
3
Current Estimated Value
$454,937

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63
Avg. Annual Appreciation
-0.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $455,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2026 01/04/26 Off Market $455,000 -- --
10/28/2025 10/28/25 Sold $455,000 -13.3% $136 / Sq Ft
10/08/2025 10/08/25 Pending -- -- --
01/28/2025 01/28/25 For Sale $525,000 -- $157 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,269 $145,779 $90,012 $55,767
2023 $12,270 $145,779 $90,012 $55,767
2022 $11,016 $118,714 $49,048 $69,666
2021 $11,035 $118,714 $49,048 $69,666
2020 $11,089 $110,947 $45,839 $65,108
2019 $9,933 $100,547 $45,839 $54,708
2018 $9,851 $100,547 $45,839 $54,708
2017 $9,661 $100,547 $45,839 $54,708
2016 $9,452 $100,547 $45,839 $54,708
2015 $9,259 $100,547 $45,839 $54,708
2014 $7,993 $100,547 $19,538 $81,009
2013 $7,993 $99,552 $19,345 $80,207
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: EB459760

Midwest Real Estate Data (MRED)

APN: 06-36-126-004

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