Search
Two-Story Office Building
For Sale
$69,900

114 W 5th St, Mount Carmel, IL 62863

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

Property Size3,480 SF
Price / SF$20.09
Days on Market150

Property Features for 114 W 5th St

General Information

Standard status Active
Size 3,480 SF

Additional Details

Office Units 5

Building Details

Year Built 1920
Stories 2
Listing Agency: DHI REALTY INC.
Listed By: Amanda Macer · License #475214547
Source: Bktchicago
Added: Apr 24 Changed: Sep 12 Last Checked: Sep 19 at 12:36PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DHI REALTY INC.

Investment Insights

Based on property information with market context.

This two-story brick commercial office building features a professionally welcoming waiting room and reception area. The interior includes a large conference room and space that can accommodate up to five offices or storage rooms. An open eat-in break room supports day-to-day operations, while oak wood trim and vinyl wood flooring are found throughout the building.

The property is located right off Market Street in uptown Mt. Carmel on a well-traveled road, supporting business exposure for prospective tenants or customers.

The second floor offers additional storage and room for expansion, with the potential to be used as a separate rental space depending on how the building is configured.

Key Highlights

  • Two‑story brick commercial/office building built in 1920
  • Main level includes a professional waiting/reception area and a large conference room
  • Provides up to 5 offices or storage rooms, plus an open eat‑in break room

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Accounting Firm HVAC Service Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units

Location Intelligence

Trade Area within ½ mile

483
Businesses Nearby

Demographics for 62863, IL

9,607
Population
4,608
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
93%
High-School Grad
147.3 sq mi
ZIP Area
65
Density / Sq Mi
$52,073
Median Household Income
$38,882
Median Earnings
$772
Median Rent
$104,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Two-story brick office building with a waiting/reception area, conference room, offices, and an eat-in break room.
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: Two‑story brick commercial/office building built in 1920; Main level includes a professional waiting/reception area and a large conference room; Provides up to 5 offices or storage rooms, plus an open eat‑in break room
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message