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Renovated Commercial Kitchen Building
For Sale
$175,000

726 N Market Street, Mount Carmel, IL 62863

Renovated commercial space includes a kitchen, multiple levels, and a separate rear entrance to the basement.

Property Size10,915 SF
Price / SF$16.03
Days on Market895

Property Features for 726 N Market Street

General Information

Standard status Active
Size 10,915 SF
Property subtype Commercial

Additional Details

Equipment Included Yes

Taxes and HOA fees

Annual Taxes $525

Building Details

Year Built 1945
Year Renovated 2015
Buildings 1
Stories 2
Listing Agency: SARA STORCKMAN REALTY INC
Listed By: Amy Pettyjohn
Source: Amyleerealty
Added: Mar 19, 2024 Changed: Aug 29 Last Checked: Aug 29 at 10:16PM

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 renovated commercial property at 726 N Market Street in Mount Carmel, Illinois, combines substantial event and food-service improvements across multiple levels. The ground floor offers over 8,500 square feet, with an additional 2,400 square feet upstairs. A 24' x 15' commercial kitchen includes some appliances, supporting food-service operations within the building. The basement adds another 8,500 square feet and has its own entrance at the rear. Built in 1945, the property has been updated into a modern commercial setting with space suited to the commercial kitchen and reception-hall uses identified for the property.

Key Highlights

  • 24' x 15' commercial kitchen with some appliances
  • Over 8, 500 square feet on the ground floor
  • Additional 2, 400 square feet on the second floor

Property Analytics

Current Use

Commercial kitchens

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm Dental Office Pharmacy Accounting Firm

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

518
Businesses Nearby
69k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 49% Shops & Services 49% Electronics 1% Home Improvements & Furnishings 1%
McDonald's Dining
13,323 visits/mo 0.2 miles
Casey's General Store Shops & Services
10,668 visits/mo 0.4 miles
Burger King Dining
8,286 visits/mo 0.2 miles
Dollar General Shops & Services
7,422 visits/mo 0.4 miles
Dollar Tree Shops & Services
7,091 visits/mo 0.3 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial kitchen - Renovated commercial space includes a kitchen, multiple levels, and a separate rear entrance to the basement.
Where is this commercial kitchen located?
The property is located at 726 N Market Street Mount Carmel, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 24' x 15' commercial kitchen with some appliances; Over 8, 500 square feet on the ground floor; Additional 2, 400 square feet on the second floor
More about this property
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