516 E  7th St, Mount Carmel, IL 62863
OFF MARKET

516 E 7th St
Mount Carmel, IL 62863

  • Studio

$117,800

Trulia Estimate
as of Aug 14, 2026

$117,800

Trulia Estimate
as of Aug 14, 2026
Studio

Home Value

Trulia Estimate
$118K
Since last month
Decreased$4K (-3.3%)
Since last year
Decreased$2K (-1.6%)
Since last sale
Increased$49K (+70.9%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
August 2026$118K
July 2026$117K
June 2026$122K
May 2026$113K
April 2026$106K
March 2026$104K
February 2026$104K
January 2026$95K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.13
Single-Family Home
$57,000
04/17/26
-
-
0.19
Single-Family Home
$105,500
03/27/26
2
1
1,173
0.19
Single-Family Home
$45,000
09/12/25
3
1
1,564
0.34
Single-Family Home
$89,900
09/10/25
2
1.5
1,136
0.32
Single-Family Home
$98,000
11/03/25
-
-
0.27
Single-Family Home
$117,000
08/15/25
3
1
1,068
0.21
Single-Family Home
$169,900
05/11/26
3
1.5
1,622
0.33
Single-Family Home
$131,500
07/22/26
-
-
0.42
Single-Family Home
$102,500
04/22/26
3
1
1,268
0.51
Single-Family Home
$90,000
06/30/26
4
4
2,233

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.08
$49,900
2
1
700
For Sale
0.14
$129,000
2
1
1,076
For Sale
0.19
$47,100
3
1
1,564
Off Market
0.20
$197,900
4
2
2,498
Off Market
0.19
$105,500
2
1
1,173
Recently Sold
0.22
$795,000
5
5.5
6,874
For Sale
0.21
$169,900
3
1.5
1,622
Recently Sold
0.27
$123,000
3
1
1,068
Off Market
0.28
$219,600
5
2.5
3,463
Off Market
0.33
$204,800
4
1.5
2,392
Off Market
0.34
-
2
1.5
1,136
Off Market
0.38
$79,600
2
2
1,320
Off Market

Local Information

  • Map ViewExplore the area around 516 E 7th St.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home

About this House

This single-family home is located at 516 E 7th St, Mount Carmel, IL. 516 E 7th St is in Mount Carmel, IL and in ZIP code 62863.
516 E 7th St, Mount Carmel, IL 62863 is a studio single-family home. It last sold for $69,000 on Apr 8, 2012. It is currently off market. The Trulia Estimate is $117,800, with a rent estimate of $1,302/month.

Home Details for 516 E 7th St

Property Information

Property Type / Style
Property Type: Single Family Home

Price and Tax history

DateEventPrice
Apr 8, 2012
Source: N/A
Sold
$69,000

Market trends in Mount Carmel

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
Sale-to-List Price
Price per sq ft
Available listings
28
7
MoM
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What Locals Say about Mount Carmel

At least 23 Trulia users voted on each feature.
  • 97 % Say it's dog friendly

  • 92 % Say parking is easy

  • 92 % Say car is needed

  • 90 % Say yards are well-kept

  • 84 % Say there's holiday spirit

  • 78 % Say kids play outside

  • 77 % Say neighbors are friendly

  • 77 % Say people would walk alone at night

  • 69 % Say it's walkable to restaurants

  • 61 % Say there are sidewalks

  • 58 % Say there's wildlife

  • 57 % Say it's walkable to grocery stores

  • 46 % Say streets are well-lit

  • 37 % Say they plan to stay for at least 5 years

  • 33 % Say it's quiet

  • 16 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Soshell311
    "Small town and all the perks and pits that come with a small community. Not much traffic or crime but everyone knows your business. "

LGBTQ Local Legal Protections

Apartments for Rent

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Homes for sale near 516 E 7th St

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Off Market Homes Near 516 E 7th St

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Frequently asked questions about 516 E 7th St

  • What is 516 E 7th St estimated to be worth?
    Trulia's estimated value for 516 E 7th St in Mount Carmel, IL is $117,800.
  • What is the price history for 516 E 7th St?
    516 E 7th St in Mount Carmel, IL last sold for $69,000 in April 2012.
  • Is Mount Carmel a buyer's or seller's market?
    Mount Carmel is currently a seller's market, based on recent for-sale activity.
  • What do residents say about Mount Carmel?
    Residents describe Mount Carmel, IL as dog-friendly, easy to park in, and well-kept. Most residents say you need a car. See recently sold homes in Mount Carmel, IL.