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7275 N 1220 Lane Mount Carmel, IL $ 400,000
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7275 N 1220 Lane
$ 400,000
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7275 N 1220 Lane

Mount Carmel, IL, 62863
$ 400,000
Bedrooms-- Baths-- Sq 11,400

Monthly Estimate*

$ 2,463

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Commercial Property for sale in Mount Carmel, IL

for $400,000. This 11,400 square foot building was built in 1993 on a lot size of 7.5.

Industrial or Commercial Opportunity! This 7.5 +- acre rocked parcel that has most recently been purposed for stockpile of raw materials with three structures totaling 11,400 +- SQFT. The 6,800 Sq' 14'-15' eave height Morton brand main building, is a wood framed steel sided building with concrete foundation and floors. Other accessories include 6-14'x14' and 2-14'x13' insulated overhead drive-in doors and metal lined ceilings and walls. The second building is 3,600 SQFT x 16' eave sheltered wood framed steel sided storage building with one open sidewall. The other building is a 1,000 SQFT similar constructed office type structure. This versatile property is set up for interior and exterior storage and maintenance needs.

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Commercial Active

Price

$ 400,000

Property Type

Commercial

Taxes

$ 6,341

Style

Lot Size

7.5

Year Built

1993

Town/City

Mount Carmel

County/Region

Wabash

MLS | Web ID

12611356
Features
General
Sewer Septic Tank
Cooling Central Individual
Utilities Electric to Site
Possession Closing
Roof Metal
Zoning INDUS
Construction Materials Wood Steel Siding
Year Built 1993
Electric Power - 240V Three Phase Other
Stories Count 1
Property Subtype Other
Tax Year 2025
Gross Income 0
County Wabash
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Industrial
Possible Use Commercial Industrial Special Use Other
Status New
Directions IL RT 15 to County Rd 700E (Maud) So approximately .25 Mile or from IL Rt 1 to 700E N approximately 2 Miles to 1220 LN. East along RR tracks to the property.
City Mt Carmel
Number Of Units Total 3
MLS Area Mt Carmel
Lot Size Square Feet 326700
Tax Annual Amount 6341
Additional Parcels Y/N N
Leasable Area 11400
Standard Status Active
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Interior
Flooring Concrete
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Exterior
Water Source Well
Foundation Details Concrete Perimeter
Building Area Total 11400
Lot Dimensions 164.2x1043.3x498.8x987
Lot Size Acres 7.5
Frontage Type County Road Private Road Gravel
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* Excluded Features
List By
Coldwell Banker Allen & Geary

Broker

alanowen66@gmail.com

Email

Affordability Calculator

$2,991
Per Month
82%
18%
0%
Monthly Principal & Interest
$2,463
Monthly Property Taxes
$528
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/7/2026$400,000 Listed Price

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7275 N 1220 Lane, Mount Carmel, IL, 62863 is a Commercial Property for sale at $400,000 with 11,400 sqft and a lot size of 7.5. 7275 N 1220 Lane was built in 1993. The property's zip code is 62863 which is in Mount Carmel, IL

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