Renovated Wedding Venue
For Sale
$175,000
726 N Market Street, Mount Carmel, IL 62863
Commercial Sale, Mount Carmel, IL
Property SizeContact for details
Lot Size0.28 Acres
Days on Market922
Property Features for 726 N Market Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Commercial
Standard status
Active
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2022
Tax Annual Amount
525
Utilities
Heating system
Hot Water(Heating), Natural Gas
Water source
Public
Building Details
Year built
1945
Floors in Building
2
Building materials
Brick
Roof type
Rubber
Listing Agency:
SARA STORCKMAN REALTY INC
(618) 262-7698
Listed By:
Amy Pettyjohn
(618) 262-3736
Added: Mar 19, 2024
Changed: Sep 15
Last Checked: Sep 26 at 2:06PM
MLS# 11262642
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.
This renovated brick event property offers a substantial multi-level layout suited to wedding and reception functions. The ground floor provides over 8,500 square feet, while the second floor adds 2,400 square feet. An additional 8,500 square feet is located in the basement, which has its own rear entrance. The 24' x 15' commercial kitchen includes some appliances and supports food-service operations.
Built in 1945, the property features a rubber roof, hot-water heating, natural gas, and public water. Its location is 726 N Market Street in Mount Carmel, Illinois, within Wabash County. The combination of event-oriented space, kitchen infrastructure, and separate basement access creates a flexible building configuration for venue use.
Built in 1945, the property features a rubber roof, hot-water heating, natural gas, and public water. Its location is 726 N Market Street in Mount Carmel, Illinois, within Wabash County. The combination of event-oriented space, kitchen infrastructure, and separate basement access creates a flexible building configuration for venue use.
Key Highlights
- Over 8,500 square feet on the ground floor
- Additional 2,400 square feet on the second floor
- Basement provides an additional 8,500 square feet
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
518
Businesses Nearby
69k
Monthly Visits Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail 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?
Wedding venue - Multi-level event property with a commercial kitchen, separate rear access, and flexible assembly space.
Where is this wedding venue 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: Over 8,500 square feet on the ground floor; Additional 2,400 square feet on the second floor; Basement provides an additional 8,500 square feet
