Mixed-Use Commercial and Multifamily
519 Market St Mount Carmel, IL 62863
519 Market St, Mount Carmel, IL, 62863
$142,500
For Sale
$142,500
Mixed-use building with storefront and office space plus up to six apartment units, storage/workshop area, and basement quarters.
Days on Market691
Property Features for 519 Market St
General Information
- Standard status
- Active
- Property subtype
- Commercial
Listing agency
HJ Rice & Associates Realty LLC
(618) 943-5882
Listed by
Brady Rice
(618) 943-5882
Source
Amyleerealty
Added: Sep 1, 2024 Updated: Jul 22 at 4:27PM Checked: Jul 23 at 5:58AM
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 HJ Rice & Associates Realty LLC
Investment Insights
Based on property information with market context.
This mixed-use building combines a storefront and office area with storage/workshop space and residential units. The layout supports up to six apartment units, including five 1-bedroom, 1-bath units, each with a kitchen and laundry room. Most units are furnished, and the building includes CO2 and smoke detectors throughout, along with a surveillance and alarm system. A basement living quarters area is also included for the building superintendent, who does not pay rent and assists with maintaining and managing the property.
On the rear side of the building, there is a garage/storage/workshop area along with a carport, parking, and a garden area, with access from a large alleyway. The building is described as having good street parking for clientele in front. Updates mentioned include electrical, water lines, picture windows, and drain lines, along with work completed to the downstairs apartment. The building has a flat roof that is recoated semi-annually, and HVAC includes four FWA furnaces and multiple central air units.
Several units are noted as potentially requiring maintenance, and the structure is currently presented with multiple possible uses spanning commercial and apartment operations.
On the rear side of the building, there is a garage/storage/workshop area along with a carport, parking, and a garden area, with access from a large alleyway. The building is described as having good street parking for clientele in front. Updates mentioned include electrical, water lines, picture windows, and drain lines, along with work completed to the downstairs apartment. The building has a flat roof that is recoated semi-annually, and HVAC includes four FWA furnaces and multiple central air units.
Several units are noted as potentially requiring maintenance, and the structure is currently presented with multiple possible uses spanning commercial and apartment operations.
Key Highlights
- Mixed‑use building with storefront and office space, plus storage/workshop and up to 6 apartment units
- Includes five 1‑bed, 1‑bath units; each has a kitchen and laundry room, with rents reported at $700–$750/month plus utilities
- Security features include surveillance and an alarm system, plus CO2 and smoke detectors throughout
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
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FAQs
What type of property is this?
Apartment building - Mixed-use building with storefront and office space plus up to six apartment units, storage/workshop area, and basement quarters.
Where is this apartment building located?
The property is located at 519 Market St Mount Carmel, IL.
What is the asking price?
The asking price for this property is $142,500.
What are key features of this property?
This property features: Mixed‑use building with storefront and office space, plus storage/workshop and up to 6 apartment units; Includes five 1‑bed, 1‑bath units; each has a kitchen and laundry room, with rents reported at $700–$750/month plus utilities; Security features include surveillance and an alarm system, plus CO2 and smoke detectors throughout
