Office Building with
For Sale
$70,000
501 N Walnut St, Mount Carmel, IL 62863
An 800 sq ft office building with open layout, central air, and kitchenette, suited to a range of business uses.
Property Size800 SF
Price / SF$87.50
Days on Market96
Property Features for 501 N Walnut St
General Information
Standard status
Active
Size
800 SF
Taxes and HOA fees
Annual Taxes
$2,024
Listing Agency:
DHI Realty Inc
(618) 263-8622
Listed By:
Brandon Hodgson · License #RB19000814
(618) 263-8622
Source:
Exprealty
Added: May 27
Changed: Aug 25
Last Checked: Aug 29 at 1:28PM
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 commercial office building is approximately 800 sq ft and sits on two lots in Mount Carmel. The interior offers an open layout divided into two sections, with attractive paneled walls. It includes a full bath with shower and a kitchenette with a sink, supporting everyday business operations. The property has central air that is approximately 5–6 years old, two front entry doors, and a covered front porch. Signage is included.
The building’s front entry provides straightforward access to the office areas, and the property is described as having excellent visibility. With two lots, the site offers additional flexibility for how the building is approached and used.
The current configuration and included improvements make the space practical for office-oriented users who want an open, flexible interior. The presence of a kitchenette and full bath can be helpful for tenant workflows that require on-site convenience. The seller notes the space has been used for multiple purposes over time, which may support a variety of business opportunities that can work within the existing layout.
The building’s front entry provides straightforward access to the office areas, and the property is described as having excellent visibility. With two lots, the site offers additional flexibility for how the building is approached and used.
The current configuration and included improvements make the space practical for office-oriented users who want an open, flexible interior. The presence of a kitchenette and full bath can be helpful for tenant workflows that require on-site convenience. The seller notes the space has been used for multiple purposes over time, which may support a variety of business opportunities that can work within the existing layout.
Key Highlights
- 800 sq ft office building on two lots in Mount Carmel, built in 1999
- Open layout divided into two sections with attractive paneled walls
- Includes a full bath with shower plus a kitchenette with sink
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
Explore this area
Business Placement
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
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 units - An 800 sq ft office building with open layout, central air, and kitchenette, suited to a range of business uses.
Where is this office units located?
The property is located at 501 N Walnut St Mount Carmel, IL.
What is the asking price?
The asking price for this property is $70,000.
What are key features of this property?
This property features: 800 sq ft office building on two lots in Mount Carmel, built in 1999; Open layout divided into two sections with attractive paneled walls; Includes a full bath with shower plus a kitchenette with sink
