# 501 N Walnut Street, Mount Carmel, IL 62863

> **TL;DR:** 0bd/1ba commercial, $70,000, built 1999. Est. $303/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $70,000 |
| Bathrooms | 1 full |
| Year Built | 1999 |
| Lot Size | 9,714 sqft (0.22 acres) |
| Stories | 1 |
| Property Type | Commercial (Mixed Use) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $303 |
| **Total** | **$303** |

## Property Highlights

- Built in 1999
- 0.22 acre lot

## Description

### Agent Description
Commercial property with excellent visibility located on two lots in Mount Carmel. This 800 sq ft building features office space with an open layout that is divided into two sections, attractive paneled walls, full bath with shower, and a kitchenette with sink. Additional features include central air approximately 5-6 years old, two front entry doors, covered front porch, and included signage. Previously used as an apartment and most recently utilized for commercial purposes, offering flexibility for a variety of business opportunities.

## Location

- **Address:** 501 N Walnut Street, Mount Carmel, IL 62863
- **County:** Wabash (IL)
- **Neighborhood:** None
- **Coordinates:** 38.409922, -87.764693
- **Google Maps:** https://www.google.com/maps?q=38.409922,-87.764693

## Listing Agent

- **Name:** Brandon Hodgson
- **Brokerage:** DHI Realty Inc
- **Phone:** 6182638622
- **Email:** dhirealty@gmail.com

## Primary Photo

![501 N Walnut Street - Primary Photo](http://lh.rdcpix.com/ed64dc7ed6c3e471bcab3a84143cc55fl-f848721805r.jpg)

*18 total photos available on [listing page](https://www.propertysimple.com/listing/501-n-walnut-street-mount-carmel-il-62863-02620160)*

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**MLS#:** 202620160 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/501-n-walnut-street-mount-carmel-il-62863-02620160)

---

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