1819 Lamar St , Mt Vernon IL 62864
Nice and large Single Family home with basement and many features.
Excellent Investment opportunity , ideal for a large family home or for rental income.
1,520 sq ft, 1 storey bungalow, 3 bedrooms 1 Bathrooms plus basement.
The property needs a rehab and some updating and once done offers great potential.
Great location:
The property is located about 1 mile from Downtown Mount Vernon IL in a nice neighbourhood on a quiet street lined with mature trees. The property is located close to main local facilities and amenities.
Restaurants
Hardee's (.5mi), St Louis Wok (.5mi), Phat DaddysBbq (.6mi), Subway (.6mi), RARE Chophouse (.7mi), Jimmie James Blue Goose (.7mi), Joe's Pizza (.7mi),-Marco's Pizza (.7mi), Cracker Barrell Restaurant (.7mi), Ali Asian Cuisine (.7mi), McDonald's (.8mi), Burger King (.9mi), Godfather's Pizza (.9mi), Kimmy Kitchen (1mi), Papa John's Pizza (1mi)
Coffee
Wilkey'sCafé (3.2m)
Bars
Corner Tavern (.2mi), Rendezvous Gril& Bar (.6mi), R & R The Crossing Inc (.7mi), Pro's Sport Bar (1.4mi), Spot Tavern (1.5mi), Hide Out Bar (1.6mi)
Groceries
Farm Fresh Supermarket=.7mi), Natures First Inc (.7mi), ALDI (1.3mi), Big Lots (1.5mi), Sharps Foods (1.7mi), Kroger (1.7mi), Walmart Supercenter (2.5mi)
Parks
Fairmont Ballpark (.4mi), Bob Strothman Baseball Park (.5mi), Highland Park (.5mi), A L Dawson Senior Park (.8mi), Jefferson County Fairground (.9mi), Optimist Park (1.1mi), Airport Park (2.6mi)
Schools
Zadok Casey Middle School (.4mi), Victory Christian Academy (.4mi), Mount Vernon High School (.8mi), Mt Vernon Dist 80 Primary Center (1mi), J L Buford Intermediate Education Center (1.1mi), Mt Vernon Christian School (1.8mi), Bethel Grade School (2.1mi), Summersville Grade School (3mi), McClellan Elementary School (3.5mi), Dodds Elementary School (4.3mi)
Shopping
Wilford Printing (.6mi), Winning Edge (.7mi), King City Books (.8mi), Carl's (.9mi), Jeana's Closet (1mi), unstoppable fashions (1.1mi), Kmart (1.3mi), Tots To Teens (1.4mi), Peebles (1.4mi), Maurices (1.5mi), Glik's (1.5mi), Claire's (1.5mi), Hibbett Sports (1.5mi), Jcpenney (1.5mi), Casey's General Store (1.5mi)
Entertainment
Cedarhurst Center For the Arts (1.3mi), Jefferson County Historical (1.7mi), AMC Showplace Mt Vernon 8 (2.6mi)
Errands
Cregger Co (.5mi), Medicine Shoppe (.5mi), First National Bank (.6mi), Borowiak's IGA (.6mi), Integra Bank (.6mi), Byrd-Watson Medical Equipment (.6mi), U.S. Bank (.7mi), First National Bank (.7mi), First National Bank of Mt Vernon 24 Hour Access Line (.7mi), CVS/pharmacy (.8mi), Holz Tool Supply (.8mi), Fifth Third Bank (.8mi), Midcountry Bank (.9mi), Ebn Construction & Industrial (.9mi)
(walkscore.com)
Demographics (within 3 miles- 2015):
Total population 17,436
% white alone: 81.22%
% Black or African American alone: 13.70%
Household Income: Average $53,565
THIS IS A UNIQUE OPPORTUNITY FOR THE SAVVY BUSINESS OWNER, DEVELOPER OR INVESTOR TO OWN A POTENTIALLY HIGH INCOME PROPERTY AT A DISCOUNTED PRICE IN A GREAT LOCATION.
Great investment opportunity:
The average per sq ft in Mt Vernon IL is: $70/sq ft (Trulia.com), which put a value on this properly of $106,000
Excellent income potential once rehabbed:
3 bedroom houses of this size in this area are renting for about $860/ month.
(rentometer.com)
Taxes:
Jefferson County, IL: Tax ID: 07-31-257-002
Taxes due: 2014, 2015, 2016 - 3,682.24 (last date off redemption is 3/7/2019)2017s come out Aug/Sept 2018 will be around $1,177
PROPERTY IS SOLD AS IS, WHERE IS-
Sold on a Quit Claim Deed with buyer assuming real estate taxes, liens and encumbrances (if any).
Winning bidder must contact the seller within 24 Hours after the close of the auction with full details of the buyer.
Buyer will also be responsible for $500 deed prep and doc fee as well as 8 % premium.
10% non-refundable deposit (minimum $1,000) , auction premium (Minimum $250) and $500 deed preparation and doc fee are due within 48 hours of auction close.
Final Payment to be made within 1 week of the Auction close.
All bidders to do their due diligence. Property is sold on a Quit Claim deed. Buyer assumes real estate taxes, liens and encumbrances (if any). No statement anywhere, whether express or implied, shall be deemed a warranty or representation by the Seller regarding these assets. The Buyer is bound by the terms of this auction and the attached purchase agreement (attached under 'Additional Details'). Buyers are responsible for fixing building code violations (if any). All buyers are deemed to have relied entirely on their own information, judgments and inspections of the property in making the decision to purchase the property.
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