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202-206 W 9th Street

Mount Carmel, IL, 62863

  • Price $849,000
  • Sq. Ft.14649
  • MLS #202512421
This great investment opportunity allows for the purchase of two buildings with one offering instant cash flow with its recently renewed long term lease. The opportunities are endless allowing you to start a new business, expand your current business, or invest in a long term money making venture. This property sits in a prime location where State Highway 15 and State Highway 1 meet allowing for great exposure. The available building features an overhead loading door, 20' ceilings, and concrete parking lot availability. Both Enterprise Zone and TIF District opportunities may be available making this properties appeal even greater.
County
Wabash (IL)
Lot Size
0.7150
Year Built
2004
Sq, ft. finished
14,649sq. ft (approx.)
Subdivision
None
Annual Taxes
14628.18
IDX information provided by the Indiana Regional MLS
Listing provided courtesy of Brandon Hodgson of DHI Realty Inc, 618-263-8622.

    Cameron Engstrom

    Realtor
    Cell: (812) 830-0019

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Frequently asked questions

Why does the mortgagee sometimes require a Survey of the property?
Most mortgage lenders require a current and valid Real Property Report (survey) and proof of zoning by-law compliance from the local municipality, i.e. city, town, Municipal district, etc. The mortgagee (lender) does this to insure initially that the buildings are entirely within the property boundaries and there is no risk that the security for the mortgage will be damaged by the forced removal of the improvements. Most Lenders will now accept a Real Property Report and evidence of municipal compliance or a policy of Title Insurance.

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Disclaimer

IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

Listing Data updated: April 18, 2025, 7:30 am
IDX information provided by the Indiana Regional MLS