Mount Carmel, IL Commercial Real Estate for Sale

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Updated: Mar 4

Retail Building with Billboard Income

1627 W 9th Street, Mount Carmel, IL 62863

$194,000

2,544 sqft 0.69 AC lot

50' x 50' commercial building with about 2,544 SF interior space
Built in 1992 on a slab foundation
Roof updated in 1999; HVAC systems modernized in 2010
Separate front and rear spaces
Includes an income‑generating billboard managed by LaMar Outdoor

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Updated: Jun 9

Storefront Retail Building with Updated Interior

518 N Market Street, Mount Carmel, IL 62863

$89,900

1,892 sqft 0.10 AC lot

1,892 SF storefront retail building at 518 N Market Street, Mount Carmel, IL
0.0986‑acre lot with wood siding and brick exterior
Recently updated with newly epoxied flooring and a brand‑new electric water heater
Forced‑air natural gas heating and public water service
Flat roof and built in 1900

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Flex Space with Multiple Warehouse Buildings

1015 W 9th Street, Mount Carmel, IL 62863

$1,595,000

11.02 AC lot

Flex space on two parcels with two buildings, including warehouse space and office area, on a high-traffic corner in Mount Carmel.

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Industrial Storage and Office Buildings

7275 N 1220 Ln, Mount Carmel, IL 62863

$350,000

11,400 sqft 7.50 AC lot

Multi-structure industrial site totaling 7.5 acres with drive-in doors, plus a separate office-type building.

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Office Building with Truck Scale

Mount Carmel, IL 62863

$150,000

5.20 AC lot

Office building on a large commercial site with a truck scale for logistics, transportation, and shipping operations.

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Steel-Frame Commercial Building

206 W 9th Street, Mount Carmel, IL 62863

$599,900

Steel-frame commercial building built in 2004 with on-site parking and Enterprise Zone/TIF District location in Mount Carmel.

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Wedding Venue Building With Commercial Kitchen

726 N Market Street, Mount Carmel, IL 62863

$175,000

0.28 AC lot

Brick wedding venue building with a commercial kitchen and multi-level event space, including a walk-in-ready second floor.

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Steel-Frame Storefront Property

206 W 9th Street, Mount Carmel, IL 62863

$599,900

6,100 sqft

Steel-frame construction with a concrete parking area along the west side supports customer access.

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Nursery Property With Greenhouses

Mount Carmel, IL 62863

$425,000

8.22 AC lot

Established nursery operation with multiple growing structures, sales space, equipment, and room for expansion.

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Commercial Building with Billboard

1627 W 9th Street, Mount Carmel, IL 62863

$194,000

2,544 sqft 0.70 AC lot

Freestanding commercial building with separate front and rear spaces plus an income-generating billboard.

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Office Building with Signage

501 N Walnut Street, Mount Carmel, IL 62863

Contact for pricing

800 sqft

An 800 sq ft office building with open layout, central air, and kitchenette, suited to a range of business uses.

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Updated Retail Storefront Building

518 N Market Street, Mount Carmel, IL 62863

$89,900

1,892 sqft

Move-in-ready retail storefront with refreshed interior and exterior finishes and recent building improvements.

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Two-Story Office Building

Mount Carmel, IL 62863

$69,900

3,480 sqft

Two-story brick office building with a waiting/reception area, conference room, offices, and an eat-in break room.

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Industrial Land with Billboard Income

2090 E 9th St, Mount Carmel, IL 62863

Contact for pricing

3.46 AC lot

Industrial-zoned land with extensive frontage on 9th St and Highway 15, plus leased billboards with transferable lease.

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Commercial Land Parcel

302 W 3rd St, Mount Carmel, IL 62863

Contact for pricing

Nearly one-acre commercial land parcel positioned at a busy town intersection.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 15 Active listings in Mount Carmel, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 57 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Agricultural Land with Road Frontage

W Broadway Street, Princeton, IN 47670

$195,803

16.44 AC lot

16-plus acres with 14 acres tillable and substantial road frontage, positioned inside city limits for flexible use.

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Office Building with Two Private Entrances

2900 W SR 64, Princeton, IN 47670

$79,900

0.81 AC lot

Well-maintained office building on nearly one acre with vinyl siding, metal roof, and two office spaces with private entrances.

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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.

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Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900

1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

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Off-Market Properties in Mount Carmel, IL

Consider similar Off-Market properties in Mount Carmel, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Mixed-use properties

5671 Hwy 8 Mt, Mount Carmel, IL 62863

Value Estimation by Request

8.22 AC lot

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COMMERCIAL (GENERAL)

1310 Willow Swamp Rd, Mount Carmel, IL 62863

$455,000

Estimated value

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COMMERCIAL (GENERAL)

1431 Willow Swamp Rd, Mount Carmel, IL 62863-2383

Value Estimation by Request

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COMMERCIAL (GENERAL)

1301 Willow Swamp Rd, Mount Carmel, IL 62863-2370

Value Estimation by Request

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INDUSTRIAL (GENERAL)

714 Walnut St, Mount Carmel, IL 62863-1466

$3,275,000

Estimated value

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COMMERCIAL (GENERAL)

631 Walnut St, Mount Carmel, IL 62863-1463

Value Estimation by Request

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COMMERCIAL (GENERAL)

501 Walnut St, Mount Carmel, IL 62863-1553

$80,000

Estimated value

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COMMERCIAL (GENERAL)

926 Walnut St, Mount Carmel, IL 62863-1416

$100,000

Estimated value

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COMMERCIAL (GENERAL)

431 Walnut St, Mount Carmel, IL 62863-1551

$150,000

Estimated value

View details

Mount Carmel, IL Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Mount Carmel, IL, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 30,652 square feet of properties for sale, with an estimated market value of $4,532,500.

Sale prices for business properties in Mount Carmel, IL start at $69,900, averaging $377,708, and reaching up to $1,595,000 — 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 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	$369.8K

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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