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Commercial Land with Dual Frontage
New
For Sale
$525,000

1505 Oak St, Carmi, IL 62821

Commercial land with curb access, multiple driveway approaches, and existing agricultural and accessory improvements.

Property SizeContact for details
Days on Market5

Property Features for 1505 Oak St

General Information

Standard status Active
Property subtype Commercial

Amenities

Lot Size Acres: 36.75
Sewer Type: Municipal
Total Taxes: $3,150, Tax Year: 2024, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Water Source: Municipal, Natural Gas Available
Listing Agency: The Property Shop
Listed By: Angela French
Source: Doyle-realty
Added: Sep 19 Changed: Sep 21 Last Checked: Sep 22 at 4:44PM

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 The Property Shop

Investment Insights

Based on property information with market context.

This 36.75-acre commercial land offering includes a residential manufactured home, metal garage or shed, and concrete block barn. Approximately 27 acres are currently farmed, providing an established agricultural component within the larger tract.

The property is located at 1505 Oak St in Carmi, Illinois, with more than 825 feet of frontage along Oak St and 615 feet along Commerce St. Oak St access includes curbs and five driveway approaches. The tract directly adjoins the White County fairgrounds property, adding an established neighboring land use to the surrounding context.

Key Highlights

  • 36.75 acres of commercial land in Carmi
  • More than 825 feet of frontage on Oak St
  • 615 feet of frontage on Commerce St

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Law Firm Big Box & Wholesale Store HVAC Service

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

330
Businesses Nearby

Demographics for 62821, IL

7,083
Population
3,547
Households
2
Avg Household Size
46
Median Age
17%
College-Educated
85%
High-School Grad
170.5 sq mi
ZIP Area
42
Density / Sq Mi
$54,471
Median Household Income
$38,449
Median Earnings
$831
Median Rent
$107,900
Median Home Value
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Frequently Asked Questions

What type of property is this?
Commercial land - Commercial land with curb access, multiple driveway approaches, and existing agricultural and accessory improvements.
Where is this commercial land located?
The property is located at 1505 Oak St Carmi, IL.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 36.75 acres of commercial land in Carmi; More than 825 feet of frontage on Oak St; 615 feet of frontage on Commerce St
More about this property
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