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Updated Brick Office Building
For Sale
$299,900

1204 Oak Street, Mount Carmel, IL 62863

Individual suites provide private offices, reception areas, kitchenettes, and half baths for professional users.

Property Size2,139 SF
Price / SF$140.21
Days on Market12

Property Features for 1204 Oak Street

General Information

Standard status Active
Size 2,139 SF
Property subtype Commercial Building

Amenities

Lot Size Square Feet: 12000
Asphalt Roof
Sewer Type: Municipal
Total Taxes: $6,699, Tax Year: 2024, Percentage of Tax that is Deductable: 0
Carpet Floor, Vinyl Floor
Has Central AC: 1
Forced Air Heating, AC Zones: 2, Natural Gas Heat Fuel
Sale, Sale Type: Foreclosure, Availability Date: 2026-08-11
Basement Type: Slab
Building Style: Duplex, One Story, Built in 2001
Property Zone Type: 200, Above Area Square Feet: 2139
2 Half Baths
Water Source: Municipal
Amps: 200
Construction Type: Frame
Brick Siding

Building Details

Year Built 2001
Listing Agency: SARA STORCKMAN REALTY INC
Listed By: Amy Pettyjohn
Source: Doyle-realty
Added: Aug 11 Changed: Aug 22 Last Checked: Aug 22 at 5:21AM

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 SARA STORCKMAN REALTY INC

Investment Insights

Based on property information with market context.

This 2,139-square-foot brick office building was completed in 2001 and contains suite layouts designed for professional occupancy. Each suite includes two offices, a reception desk, a client waiting area, a half bath, and a kitchenette. The property is occupied by established tenants, supporting its current income-producing use.

Recent improvements include new HVAC systems and an architectural shingle roof installed in 2026. The building is located at 1204 Oak Street in Mount Carmel, Illinois, within Wabash Community Unit School District 348. Nearby public schools include Mt Carmel Elementary School, Mt Carmel Grade School, Mt Carmel Junior High School, and Mt. Carmel High School.

Key Highlights

  • 2,139‑square‑foot brick office building constructed in 2001
  • Each suite includes 2 offices, reception, client waiting area, half bath, and kitchenette
  • New HVAC systems

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Skin Care Clinic Spa & Massage Center Hair Salon

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

Location Intelligence

Trade Area within ½ mile

240
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

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
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Frequently Asked Questions

What type of property is this?
Office building - Individual suites provide private offices, reception areas, kitchenettes, and half baths for professional users.
Where is this office building located?
The property is located at 1204 Oak Street Mount Carmel, IL.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 2,139‑square‑foot brick office building constructed in 2001; Each suite includes 2 offices, reception, client waiting area, half bath, and kitchenette; New HVAC systems
More about this property
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