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    307 N Division St Mount Carmel, IL 62863

    For Sale
    Contact for pricing

    Vacant Land - Mount Carmel, IL

    Days on Market:
    111
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for 307 N Division St

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    100
    Parking features
    Garage

    Building Details

    Architectural style
    Other

    SARA STORCKMAN REALTY INC

    Listing agent Jordan Crow (618) 262-7698

    Listing date Aug 27, 2025

    MLS# 11563210 Listing URL

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

    Overview

    Cleared Lot in Mount Carmel

    This cleared lot, measuring 78' x 103', is located along W. 3rd Street in Mount Carmel, Illinois. It offers convenient access to local amenities and transportation routes. The property is equipped with city hookups for water, electricity, natural gas, and sewage. While the installation of a manufactured home is one potential use, city approval is required for this specific building purpose to ensure compliance with local regulations. All other new construction plans are subject to the standard approval process and local ordinances. This plot of land offers a strategic location for building or investment purposes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Mount Carmel
    County
    Wabash
    State
    Illinois
    Longitude
    -87.773854
    Latitude
    38.4036

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    FAQs

    What type of property is this?
    Land - Versatile cleared lot with city hookups, ideal for development.
    Where is this land located?
    The property is located at 307 N Division St Mount Carmel, IL.
    What is the asking price?
    The asking price for this property is $8,500.
    What are key features of this property?
    This property features: - Cleared 78' x 103' lot priced at $8,500.; - All city hookups available (water, electricity, natural gas, sewage).; - Convenient location on W. 3rd Street with easy access to amenities and transportation.
    (618) 262-7698
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    307 N Division St 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
    307 N Division St Mount Carmel, IL 62863
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