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Commercial Land with Alley Access
New
For Sale
$35,000

527 529 & 531 W 9th Street, Mount Carmel, IL 62863

Land, Mount Carmel, IL

Property SizeContact for details
Lot Size5.20 Acres
Days on Market6

Property Features for 527 529 & 531 W 9th Street

General Information

Property type Land
Property subtype Other
Zoning description Commercial
Standard status Active
Lot size 5.20 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 457

Utilities

Water source Public
Listing Agency: SARA STORCKMAN REALTY INC
Listed By: Shawn Storckman
Added: Oct 9 Changed: Oct 10 Last Checked: Oct 14 at 5:06AM
MLS# 12023241

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Three adjoining commercial parcels are offered together along State Highway 15 in Mount Carmel. The assemblage includes two lots measuring 132 by 43 feet and a third measuring 132 by 86 feet. The parcel at the western end is on a corner and has side and rear access from an alley that runs behind all three lots.

The property is within a TIF district and an Enterprise Zone. The site is commercially zoned; permitted uses and eligibility for any development incentives are subject to verification.

Key Highlights

  • Three contiguous commercial parcels along State Highway 15
  • Two lots measure 132' x 43' each; the third measures 132' x 86'
  • Western parcel is a corner lot with side and rear alley access

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic 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

482
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - Three commercially zoned parcels share access to an alley behind the site.
Where is this commercial land located?
The property is located at 527 529 & 531 W 9th Street Mount Carmel, IL.
What is the asking price?
The asking price for this property is $35,000.
What are key features of this property?
This property features: Three contiguous commercial parcels along State Highway 15; Two lots measure 132' x 43' each; the third measures 132' x 86'; Western parcel is a corner lot with side and rear alley access
More about this property
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