REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour

$ 3,450,000
Est. payment /mo
Active
12165 N Wells Bypass Mt Vernon, IL 62864
115 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID EB460065
Annual Tax Amount $2,615
Tax Year 2024
Lot Size 115.000 Acres
Lot Dimensions irregular
Property Sub-Type Land
Property Description
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.
Location
State IL
County Jefferson
Area Mt Vernon
Zoning Indus
Interior
Fireplace N
Exterior
Utilities Available Other, Natural Gas Available
Building
Dwelling Type Land
Schools
High Schools Mt Vernon

© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Cory Capps of CAPPS REALTY
Nearby School & Business
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown:
$0 Month
Get more info from a local expert!
MY BLOGS

Contact Us
GET IN TOUCH
Quick Property Map Search by City
- ARLINGTON HEIGHTS HOMES FOR SALE
- BARRINGTON HOMES FOR SALE
- CHICAGO HOMES FOR SALE
- CRYSTAL LAKE HOMES FOR SALE
- DEER PARK HOMES FOR SALE
- ELGIN HOMES FOR SALE
- GRAYSLAKE HOMES FOR SALE
- HUNTLEY HOMES FOR SALE
- INVERNESS HOMES FOR SALE
- LAKE ZURICH HOMES FOR SALE
- MOUNT PROSPECT HOMES FOR SALE
- PALATINE HOMES FOR SALE
- PROSPECT HEIGHTS HOMES FOR SALE
- ROLLING MEADOWS HOMES FOR SALE
- SCHAUMBURG HOMES FOR SALE
- ROSELLE HOMES FOR SALE
- ST. CHARLES HOMES FOR SALE
- WHEELING HOMES FOR SALE
- DES PLAINES HOMES FOR SALE
- WILMETTE HOMES FOR SALE
More




