Retail

Mount Carmel, IL Retail Properties & Spaces for Sale

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Princeton, IN Patoka, IN Hazleton, IN Owensville, IN Browns, IL Fort Branch, IN Bone Gap, IL Griffin, IN
Retail Building with Billboard Income
Updated: Mar 4
Retail Building with Billboard Income

1627 W 9th Street, Mount Carmel, IL 62863

$194,000
2,544 sqft 0.69 AC lot
50' x 50' commercial building with about 2,544 SF interior space
Built in 1992 on a slab foundation
Roof updated in 1999; HVAC systems modernized in 2010
Separate front and rear spaces
Includes an income‑generating billboard managed by LaMar Outdoor
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Storefront Retail Building with Updated Interior
Updated: Jun 9
Storefront Retail Building with Updated Interior

518 N Market Street, Mount Carmel, IL 62863

$89,900
1,892 sqft 0.10 AC lot
1,892 SF storefront retail building at 518 N Market Street, Mount Carmel, IL
0.0986‑acre lot with wood siding and brick exterior
Recently updated with newly epoxied flooring and a brand‑new electric water heater
Forced‑air natural gas heating and public water service
Flat roof and built in 1900
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Steel-Frame Storefront Property
Steel-Frame Storefront Property

206 W 9th Street, Mount Carmel, IL 62863

$599,900
6,100 sqft

Steel-frame construction with a concrete parking area along the west side supports customer access.

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Updated Retail Storefront Building
Updated Retail Storefront Building

518 N Market Street, Mount Carmel, IL 62863

$89,900
1,892 sqft

Move-in-ready retail storefront with refreshed interior and exterior finishes and recent building improvements.

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Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 4 Active listings in Mount Carmel, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Flex Space With Open Layout
Flex Space With Open Layout

990 N US Hwy 41, Princeton, IN 47670

$899,900
3.47 AC lot

Highway-oriented commercial facility combining a flexible interior with retail and workshop functionality.

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Retail Space For Sale
Retail Space For Sale

709 North Ct, Grayville, IL 62844

Contact for pricing
12,000 sqft

Retail space available with healthy rent and high cap.

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24/7 Car Wash with Automatic System
24/7 Car Wash with Automatic System

106 W Plum Street, Grayville, IL 62844

$339,900

Fully operational car wash with Oasis automatic wash system and self-serve bays, recently improved and open 24/7.

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Retail Space Investment
Retail Space Investment

2720 W Broadway St, Princeton, IN 47670

Contact for pricing
2,436 sqft

Retail property offered for sale with a stated 5.00% cap rate and 2,436 SF.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Site-Ready Building Lots
Site-Ready Building Lots

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three site-ready lots with utilities available, positioned for retail, office, or restaurant development with seller approval.

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Site-Ready Commercial Building Lot
Site-Ready Commercial Building Lot

3221 W Broadway Street, Princeton, IN 47670

$109,900
1.70 AC lot

Site-ready commercial lot with utilities available, positioned for retail, office, or restaurant development near Goodwill.

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Commercial Land with Utilities
Commercial Land with Utilities

3221 W Broadway Street, Princeton, IN 47670

$109,900
1.70 AC lot

Three site-ready building lots offer flexible commercial development options west of Princeton.

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Commercial Land with Utilities
Commercial Land with Utilities

3217 W Broadway Street, Princeton, IN 47670

$99,900
1.27 AC lot

Three building lots sit north of the Goodwill Industries retail store along West Broadway Street.

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Mount Carmel, IL Retail Properties & Spaces Market Trends and Statistics

Explore 4 retail properties & spaces for sale in Mount Carmel, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 12,428 square feet of properties for sale, with an estimated market value of $973,700.

Sale prices for stores in Mount Carmel, IL start at $89,900, averaging $243,425, and reaching up to $599,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 4

Demographics Overview

Population 9,438
Population Growth (5Y) -3.9%
Median Household Income $52,073
College Educated 25.7%

High-Yield Neighborhoods for Investment

Identify Mount Carmel submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
62863 $142K

Taxes & Financing

Tax Rate (average for all types) 7.07%
Tax Rate vs County Average 0.03 pp above county avg
Average Loan-to-Value 65.0%

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