
230 W 4th Street, Mt Carmel, IL 62863
Wabash County
Key Facts
Description
Bring your vision and creativity to this truly one-of-a-kind opportunity in the heart of Mount Carmel! Offering an incredible 8 bedrooms, 7 bathrooms, and approximately 7,500 square feet, this historic residence is packed with potential for the right buyer. Whether you're looking to restore an architectural gem, create a luxurious private residence, or explore other permitted investment possibilities (subject to local zoning and approvals), the possibilities are endless. Inside, you'll find an expansive floor plan with generously sized rooms, soaring ceilings, and countless original character details waiting to be brought back to life. This property is in need of renovation, making it an exceptional opportunity for investors, contractors, or buyers seeking a large-scale restoration project with substantial upside. Conveniently located near downtown Mount Carmel, you'll enjoy easy access to local restaurants, shopping, schools, parks, and everyday amenities. The property is also just minutes from the scenic Wabash River and offers a small-town atmosphere while remaining within driving distance of larger employment centers in southern Illinois and southwest Indiana. This is a rare chance to own one of the area's largest residential properties and transform it into something truly spectacular. Property is being sold AS-IS.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
1877
Living Area
7,582 sq ft
Lot Dimensions
6105
Ownership
Fee Simple
Days on Market
28
MLS® Listing#
12689023
Property Features
Cooling
Heating
Basement
Construction
Sewer
Water Source
Rooms
- 12X14Second
- 12X14Second
- 10X12Second
- Bedroom 212X14Main
- Bedroom 310X12Main
- Bedroom 410X12Main
- Bedroom 510X12Second
- Dining Room10X12Main
- Family Room14X16Main
- Kitchen10X13Main
- Laundry7X12Main
- Living Room14X17Main
- Master Bedroom12X14Main
Financial Details
Annual Taxes
$664
Tax year 2025
Parcel Number
11204200200000
Directions
Latitude: 38.408708 | Longitude: -87.763986
Affordability Calculator
$16,000
Estimated monthly payment
$426/mo
Principal $63,999 · Est. interest $89,285 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Mt Carmel, IL
- $247,826
- Median Listing Price
- 67
- Median Days on Market
- 1,900
- Median Sq Ft
- $118
- Median Price / Sq Ft
- 95
- Active Listings
- This home’s price is 68% below the area median.
- Its price per sq ft is 91% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Mt Carmel, IL.
Location
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Points of Interest in Mt Carmel, IL
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EXIT Agents in Mt Carmel
Listing Courtesy: Home First Realty Inc - 3127523169
Last Updated: 2026-06-25









