About This Home

This 0-bedroom, 1-bathroom commercial at 518 N Market Street in Mount Carmel, IL is listed for $89,900 ($48 per sqft). Built in 1900, the home offers 1,892 sqft of living space on a 0.10 acres lot.

Key Features

  • Built in 1900
  • 0.10 acre lot

Property Details

1 story
1 half
1900
Listing Description

Prime commercial opportunity in the heart of Mount Carmel's uptown business district. This 1,892-square-foot building offers excellent visibility, updated appeal, and a well-known local history as a longtime barber shop. Recent improvements include newly epoxied flooring, a brand-new electric water heater, and refreshed interior and exterior finishes, creating a clean, move-in-ready space for your next business venture.

Whether you are expanding, relocating, or launching something new, this property is ready for you to hang your shingle and get right down to business. Don't miss this opportunity to secure a highly recognizable commercial location. Call today to schedule your private tour.

Monthly Cost Estimate

$481/mo

20% down · 6.5% · 30 years

Principal$65
Interest$390
Insurance$26

Estimates only. Actual payments may vary.

Location

518 N Market Street

Mount Carmel, IL 62863

Property Details

Construction

Wood Siding Brick

Heating

Natural GasForced Air

Questions & Answers

This 0-bedroom, 1-bathroom commercial at 518 N Market Street is listed at $89,900 ($48/sqft). The estimated monthly payment is $481 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.10 acre lot.

This property is listed by Amy Pettyjohn.

AP

Amy Pettyjohn

Agent at SARA STORCKMAN REALTY INC

Listed by SARA STORCKMAN REALTY INC · Broker phone: 6182627698

MLS# 11887409· Source: My State MLS· 146 days on PropertySimple

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.

518 N Market Street, Mount Carmel, IL 62863

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