Value-Add Single-Family Fixer in Mount Vernon IL – 3-Bed Investment in a Stable, High-Demand Market

Description

724 S 18th St, Mount Vernon, IL 62864 – Solid Single-Family Fixer in a Quiet Residential Area 3 Bedrooms | 1 Bathroom | Investor-Friendly Market | Rehab Opportunity https://www.redfin.com/IL/Mount-Vernon/724-S-18th-St-62864/home/97156321 Located in the heart of Mount Vernon, this 3-bedroom single-family home is a great opportunity for investors looking to renovate and build long-term equity or monthly cash flow. Whether you're planning to flip or rent, 724 S 18th St offers the space and layout to make it a high-performing property. ✨ Property Highlights: 🛏 3 Bedrooms 🛁 1 Bathroom 📍 Established residential neighborhood with sidewalks and trees 🏠 Covered front porch and backyard space 🔧 Full rehab needed – ideal for experienced renovators 🚗 Convenient access to Route 37 and I-57 📈 Comparable Sales in Mount Vernon, IL: 602 S 20th St – Sold for $78,000 (3 Bed / 1 Bath) 419 S 17th St – Sold for $72,500 (3 Bed / 1 Bath) 915 S 21st St – Sold for $69,900 (3 Bed / 1 Bath) 🌆 Why Invest in Mount Vernon? Mount Vernon is a regional hub in Jefferson County with affordable home prices and consistent rental demand. Key highlights: Home to major employers, including Continental Tire and SSM Health Active housing market with growing demand for updated homes Easy highway access to Carbondale, Marion, and Centralia Strong rental yields and investor-friendly price points 724 S 18th St is the perfect entry-level project in one of southern Illinois’ most stable real estate markets.