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    114 W 5Th St Mount Carmel, IL 62863

    New
    For Sale
    $69,900

    Commercial - Mt Carmel, IL

    Property size:
    3,480 SF
    Days on Market:
    3
    Last Refresh:
    Dec 11 at 10:06 am

    Property Features for 114 W 5Th St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    N/A
    APN
    11-20-417-027
    Size
    3,480 SF

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1920
    Flooring type
    Carpet, Tile
    Building materials
    Block, Brick
    Roof type
    Flat
    Architectural style
    Other

    DHI Realty Inc. (618) 263-8622 [email protected]

    Listing agent Amanda Macer (618) 263-8622 License #475214547

    Listing date Dec 9, 2025

    MLS# EB460696 Listing URL

    Copyright © 2025 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mt Carmel Commercial Building

    This two-story commercial building is located just off Market Street in uptown Mt. Carmel. The brick exterior is well-maintained, offering classic main street charm on a well-traveled road, providing great business exposure. Inside, the building features a professional waiting room and business reception area. A large conference room complements up to five offices or storage rooms. The space also includes an open eat-in break room. The layout is functional for a busy office space. Oak wood trim and vinyl wood flooring are present throughout the building. The second-floor level offers additional storage, room for expansion, or potential rental space. The building has a total size of 3480 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Carmel
    County
    Wabash
    State
    Illinois
    Longitude
    -87.762348
    Latitude
    38.410806

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    FAQs

    What type of property is this?
    Office building - Two-story commercial building in uptown Mt. Carmel, Illinois.
    Where is this office building located?
    The property is located at 114 W 5Th St Mount Carmel, IL.
    What is the asking price?
    The asking price for this property is $69,900.
    What are key features of this property?
    This property features: - Prime location off Market Street in uptown Mt. Carmel with high business exposure.; - Functional layout ideal for a busy office space, including reception area, conference room, and multiple offices/storage rooms.; - Second floor offers additional storage, expansion potential, or rental income opportunity.
    (618) 263-8622
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    114 W 5Th St Mount Carmel, IL 62863
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    Mount Carmel, IL 62863
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    114 W 5Th St Mount Carmel, IL 62863
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