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    Carmi, IL
    Agricultural

    Carmi, IL Agricultural Land / Farmland for Sale

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    Commercial Land with Dual Frontage
    Updated: Sep 19
    Commercial Land with Dual Frontage

    1505 Oak St, Carmi, IL 62821

    $525,000
    36.75 AC lot
    36.75 acres of commercial land
    825 feet of frontage on Oak St and 615 feet on Commerce St
    27 acres currently farmed
    Curbs and 5 driveway approaches along Oak St
    Residential manufactured home, metal garage/shed, and concrete block barn
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    Agricultural Land with Tillable Acreage
    Updated: Jun 29
    Agricultural Land with Tillable Acreage

    2025 CR 1050 E, Carmi, IL 62821

    $675,000
    105.50 AC lot
    For sale agricultural land with approximately 60 acres currently tillable in corn
    About 30 acres enrolled in CRP with contract through April 2030
    Listing and price adjusted to reflect sale of a portion of the property; now 105.5 acres
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    Commercial Land with Dual Frontage
    Commercial Land with Dual Frontage

    1505 Oak St, Carmi, IL 62821

    $525,000

    Commercial land with curb access, multiple driveway approaches, and existing agricultural and accessory improvements.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Carmi, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Tillable Agricultural Land
    Tillable Agricultural Land

    8079 S Us Hwy 4 S 41 Highway, Fort Branch, IN 47648

    $599,900
    11.54 AC lot

    Mostly tillable acreage at a highway intersection, with access suited to agricultural operations and other commercial land uses.

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    Tillable Agricultural Land
    Tillable Agricultural Land

    Tract 2 - W SR 168 & CR S 125 W, Fort Branch, IN 47648

    Contact for pricing
    78.79 AC lot

    Mostly tillable acreage with substantial road access and productive silt loam soils in Gibson County.

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    Agricultural Land with Two Parcels
    Agricultural Land with Two Parcels

    5700 W State Road 64, Princeton, IN 47670

    $109,500

    Two separate parcels support continued farming or development of a homesite.

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    Two-Parcel Agricultural Land
    Two-Parcel Agricultural Land

    5700 W SR 64, Princeton, IN 47670

    $109,500
    10.98 AC lot

    Agricultural property offering flexibility for continued farming or residential homesite use across two separate parcels.

    View details

    Carmi, IL Agricultural Land / Farmland Market Trends and Statistics

    Explore 3 agricultural land / farmland for sale in Carmi, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,196,410 square feet of properties for sale, with an estimated market value of $1,725,000.

    Sale prices for farmlands in Carmi, IL start at $525,000, averaging $575,000, and reaching up to $675,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 6,896
    Population Growth (5Y) -3.9%
    Median Household Income $54,471
    College Educated 24.5%

    High-Yield Neighborhoods for Investment

    Identify Carmi submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    62821 $720K

    Taxes & Financing

    Tax Rate (average for all types) 7.44%
    Tax Rate vs County Average 0.28 pp below county avg
    Average Loan-to-Value 65.0%

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