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

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

Three adjoining, commercially zoned parcels combine corner positioning with access from a rear alley.

Property SizeContact for details
Days on Market6

Property Features for 527 529 & 531 W 9th Street

General Information

Standard status Active
Property subtype Vacant Land

Amenities

Lot Size Acres: 5.2, Lot Size Square Feet: 22704, 3 Lots, Land Frontage in Feet: 172
Sewer Type: Municipal
Total Taxes: $457, Tax Year: 2024, Percentage of Tax that is Deductable: 0
Sale, Sale Type: Foreclosure
Property Zone Type: 200
Water Source: Municipal
Listing Agency: SARA STORCKMAN REALTY INC
Listed By: Shawn Storckman
Source: Doyle-realty
Added: Oct 9 Changed: Oct 13 Last Checked: Oct 13 at 2:39AM

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.

Three contiguous commercial lots are offered as one land assemblage, totaling 22,704 square feet, or just over half an acre. The configuration includes two parcels measuring 132 feet by 43 feet and a third measuring 132 feet by 86 feet. The western parcel occupies a corner, and an alley behind all three lots provides side and rear access.

The site fronts State Highway 15 and is within both a TIF district and an Enterprise Zone. Potential development incentives are tied to buyer qualification and eligibility; zoning and permitted uses should be verified by the buyer.

Key Highlights

  • Three adjoining commercial parcels total 22,704 square feet, just over 1/2 acre
  • Two lots measure 132' x 43' each; the third measures 132' x 86'
  • Corner parcel at the west end of the assemblage

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

314
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
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Frequently Asked Questions

What type of property is this?
Commercial land - Three adjoining, commercially zoned parcels combine corner positioning with access from a rear alley.
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 adjoining commercial parcels total 22,704 square feet, just over 1/2 acre; Two lots measure 132' x 43' each; the third measures 132' x 86'; Corner parcel at the west end of the assemblage
More about this property
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