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Wedding Venue Building With Commercial Kitchen
For Sale
$175,000

726 N Market Street, Mount Carmel, IL 62863

COMMERCIAL - Mount Carmel, IL

Property SizeContact for details
Lot Size0.28 Acres
Days on Market897

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
Listed By: Amy Pettyjohn
Added: Mar 19, 2024 Changed: Aug 4 Last Checked: Sep 1 at 12:06AM
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 American Legion building offers a versatile wedding venue setup with event space across three levels. The ground floor provides over 8,500 square feet, supported by an additional 2,400 square feet on the second floor. A commercial kitchen measuring 24' x 15' is included with some appliances and is described as virtually ready to go. The basement adds another 8,500 square feet and includes its own entrance from the rear of the building.

The property is constructed with brick and was built in 1945. Utilities include public water, and heating is provided via hot water with natural gas. The roof is listed as rubber.

With its multi-level layout and rear basement access, the space can support a range of reception and community-style functions while keeping back-of-house areas convenient for operations.

Key Highlights

  • Over 8,500 SF ground floor plus 2,400 SF second floor for event use
  • 24' x 15' commercial kitchen with some appliances
  • Basement adds 8,500 SF with its own rear entrance

Property Analytics

Current Use

Wedding venues

Suggested Use

Top Pick Real Estate Agency Skin Care Clinic Law Firm 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

518
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Wedding venue - Brick wedding venue building with a commercial kitchen and multi-level event space, including a walk-in-ready second floor.
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 SF ground floor plus 2,400 SF second floor for event use; 24' x 15' commercial kitchen with some appliances; Basement adds 8,500 SF with its own rear entrance
More about this property
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