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GovAuctions aggregates government surplus auctions from official platforms. We are not affiliated with GSA, HUD, or any government agency. · Terms · Privacy
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Fixer Upper Bargain – Investment Opportunity in Carmi, IL - photo 1

Fixer Upper Bargain – Investment Opportunity in Carmi, IL

GovDealsReal Estate📍Carmi, IL

Current bid:

$13,621

Time Left

22d 6h

Ends Oct 9, 2026

Market demand: Real Estate in Illinois sell about 28% of the time, typically ~2 bids. Based on 208 completed sales over the last year.

Seller

Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

Private seller (not a government agency), listed on a platform we index for its fleet and equipment.

Condition: As-is

Full Description

🔥 Fixer Upper Bargain – Investment Opportunity in Carmi, IL 🔥 2–3 Bedroom | 1 Bath | Great Lot | Priced to Sell 713 Burrell St, Carmi, IL, 62821 Attention rehabbers, landlords, and investors! Here's your chance to acquire an affordable, value-add property in the quiet and charming town of Carmi, Illinois. Located on a peaceful residential street, this single-family home is ideal for a flip, rental, or owner-occupant renovation. 🏡 Property Highlights: 🛏 2–3 Bedrooms (flexible layout depending on design) 🛁 1 Full Bathroom 📐 Nice lot – perfect for gardening, pets, or future upgrades 🚗 Street parking available 🧱 Structure appears solid, needs full cosmetic rehab 🌳 Mature trees and established neighborhood 💡 Why Carmi, IL? Carmi is a small-town gem in White County with low property taxes and strong rental demand. The city is home to parks, schools, and key amenities, while offering a peaceful lifestyle and strong cash flow potential for investors targeting affordable housing markets. Property sold with clean title – NO back taxes Recent comps: 605 Oak St, Carmi, IL 62821 Sold Price: $55,000 Sold Date: April 24, 2025 Beds/Baths: 3 Bed / 1 Bath 502 Schumaker St, Carmi, IL 62821 Sold Price: $63,000 Sold Date: March 28, 2025 Beds/Baths: 2 Bed / 1 Bath 516 8th St, Carmi, IL 62821 Sold Price: $73,000 Sold Date: February 28, 2025 Beds/Baths: 3 Bed / 1 Bath 🏘️ Whether you're an investor looking to expand your portfolio, or a homeowner ready to roll up your sleeves, this is a golden opportunity to buy low and add value.

Pickup information

Carmi, IL 62821-2319

Real Estate Liquidation Services LLC - Real Estate Remarketing, DE

Pickup within 10 business days
Contact seller through GovDeals for pickup details. Most sellers require pickup within 10 business days of payment.

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Market data: see how government surplus prices are moving in the GovAuctions.app Surplus Price Index and how often each category sells in the GovAuctions.app Surplus Market Report.