ATTENTION INVESTORS: Deeply Discounted Single Family House for Sale in Mount Ver

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🏠 ATTENTION INVESTORS: DEEPLY DISCOUNTED SINGLE FAMILY HOUSE IN MOUNT VERNON, ILLINOIS 🏠 3 Bedrooms | 1 Bathroom | About 1,128 Sq Ft | Built 1920 | 0.17-Acre Lot Buy right, add value, and cash in. This classic front-porch bungalow is in one of Southern Illinois' busiest job hubs, where big employers are expanding and new businesses keep moving in. Whether you flip it, rent it, or hold it long term, this is the kind of low-entry property investors look for and rarely find. 💰 INVESTOR HIGHLIGHTS ✅ Deeply discounted, low cost of entry. Get into a single family home for a fraction of what move-in-ready houses cost. ✅ Three ways to win: renovate and resell, fix and rent, or buy and hold. ✅ Strong rental numbers backed by HUD (see below). ✅ Real job growth: new plants, a new warehouse, a new medical center and new retail, all announced or opened recently. ✅ Major employers minutes away: Continental Tire, National Railway Equipment, two hospitals and the Walgreens Distribution Center. ✅ Interstate location at the I-57 / I-64 crossroads, about 9 minutes away. ✅ An affordable market: AreaVibes grades Mount Vernon A for cost of living and A+ for housing. 📊 HUD FAIR MARKET RENT (FY2027, Jefferson County, IL, effective 10/01/2026) - 2 Bedroom: $994 per month - 3 Bedroom: $1,186 per month - 4 Bedroom: $1,320 per month (potential if reconfigured) HUD's Fair Market Rents are the government benchmark for local rents and are used to set Housing Choice Voucher (Section 8) payment standards. Against a low purchase price, these are strong rent figures. 🚀 GROWTH COMING TO MOUNT VERNON - Continental Tire: new automated warehouse at its Mount Vernon plant (announced 05/08/2026) - Manner Polymers: new plant bringing 60+ jobs (announced 08/28/2025) - Deaconess: new procedure center (announced 06/26/2026) - New hotel on N 44th St (announced 06/04/2026) - Ollie's Bargain Outlet: new store (09/05/2025) New jobs bring new renters and new buyers, and that demand supports both rents and resale values. 📍 PRIME LOCATION (typical drive times) - Downtown courthouse square: about 3 minutes - National Railway Equipment: about 4 minutes - Continental Tire: about 5 minutes - Manner Polymers: about 6 minutes - Deaconess Illinois Crossroads Hospital: about 6 minutes - SSM Health Good Samaritan Hospital: about 7 minutes - I-57 / I-64 interchange: about 9 minutes - Mount Vernon Outland Airport: about 9 minutes - Walgreens Distribution Center: about 14 minutes - Rend Lake College: about 25 minutes - Rend Lake: about 30 minutes 🎭 LIFE IN MOUNT VERNON Tenants and buyers love the hometown feel: Cedarhurst Center for the Arts, the historic Granada Theatre, a busy downtown festival calendar (Fall Fest, Market Days, Friday's Food & Art), and boating, fishing and golf at Rend Lake. 🔨 THE OPPORTUNITY This home needs work, and that's where the discount and your profit come from. It has a covered front porch, original siding and mature shade trees on a quiet street of older homes. Plan on a full renovation, then rent it to steady local demand or resell it into an affordable market. ⚡ DON'T MISS IT Deals like this in a growing job market don't last. Place your bid today. Photos have been digitally enhanced and virtually landscaped. Bedroom, bathroom, square footage and year-built figures are from public property records.