Commercial Kitchen

Mount Carmel, IL Commercial Kitchens for Sale

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Princeton, IN Patoka, IN Hazleton, IN
Solid Brick Restaurant Building
Updated: Apr 8
Solid Brick Restaurant Building

Mount Carmel, IL 62863

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Solid brick one‑level commercial building with 2,000 sq ft of space
Year built: 1900
Brand‑new roof with new shingles
Parking lot with open parking; roughly 12 parking spots
Includes a 200 sq ft commercial kitchen and all mechanicals present
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Renovated Event Venue Building
Updated: Mar 19, 2024
Renovated Event Venue Building

726 N Market Street, Mount Carmel, IL 62863

$175,000
10,915 sqft
Renovated American Legion building with over 8,500 SF on the ground floor plus 2,400 SF on the second floor
Total of approximately 17,300 SF including an additional 8,500 SF basement with rear entrance
24' x 15' commercial kitchen includes some appliances
Brick construction with rubber roof
Central air cooling and natural gas heating
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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Carmel, 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.

Historic Restaurant and Residential Portfolio
Historic Restaurant and Residential Portfolio

101-105 W Sale Street, Tuscola, IL 61953

$750,000
0.22 AC lot

Turn-key dining space with a partially finished apartment above, plus additional unfinished area for conversion opportunities.

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Connected Historic Restaurant Buildings
Connected Historic Restaurant Buildings

103 & 105 W Sale Street, Tuscola, IL 61953

$390,000
0.15 AC lot

Two interconnected historic buildings with a renovated structure and kitchen, storefront, and flexible upper-level space.

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Turnkey Restaurant Bar & Gaming Venue
Turnkey Restaurant Bar & Gaming Venue

405 Park, Cisne, IL 62823

$188,000
0.10 AC lot

Fully updated restaurant, bar, and gaming venue with kitchen improvements, outdoor buildings, and current operating setup.

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Turnkey Bar, Restaurant, and Gaming Venue
Turnkey Bar, Restaurant, and Gaming Venue

1051 E North Avenue & 405 Park, Flora, Cisne, IL 62839

$625,000

Corner-location venue with bar, gaming lounge, store, and drive-through designed for immediate operations.

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Mount Carmel, IL Commercial Kitchens Market Trends and Statistics

Explore 2 commercial kitchens for sale in Mount Carmel, IL on our real estate platform. These investment opportunities span a total of 10,915 square feet of properties for sale, with an estimated market value of $175,000.

Sale prices for industrial kitchens in Mount Carmel, IL start at $175,000, averaging $175,000, and reaching up to $175,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Commercial kitchens 2
Conventional restaurants 2
Drive through restaurants 2

Demographics Overview

Population 9,438
Population Growth (5Y) -3.9%
Median Household Income $52,073
College Educated 25.7%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
62863 $87.5K

Taxes & Financing

Tax Rate (average for all types) 7.07%
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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