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    28 W Peoria St Piper City, IL 60959

    Picture of Bars at W Peoria St 28, Piper City, IL
    For Sale
    $80,000

    Restaurant - Piper City, IL

    Property size:
    4,800 SF
    Days on Market:
    112
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 28 W Peoria St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    04040425400800
    Size
    4,800 SF

    Utilities

    Cooling system
    Ceiling Fan(s), Central Air

    Building Details

    Year built
    1935
    Number of units
    1
    Architectural style
    Other

    Goggin Real Estate LLC (630) 207-9566 [email protected]

    Listing agent Bradley Bayer (815) 290-9612 License #475211023

    Listing date Aug 18, 2025

    MLS# 12449602 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Restaurant and Bar Opportunity

    This bar and grill is for sale in Piper City, Illinois, a location where community roots run deep and loyalty to small local businesses is strong. The property offers a sense of togetherness and belonging. The building includes an abundance of storage, including a basement. All appliances and gaming machines are included. The building size is 4800 square feet. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Spa & Massage Auto Repair Shop Hair Salon Nail Salon Storage Facility HVAC Service Bar & Pub Cafe & Coffee Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Ne's Place

    Location Insight

    • Map
    • Local Demand
    City
    Piper City
    County
    Ford
    State
    Illinois
    Longitude
    -88.189714
    Latitude
    40.758157

    FAQs

    What type of property is this?
    Bar - Bar and grill for sale in Piper City, Illinois.
    Where is this bar located?
    The property is located at 28 W Peoria St Piper City, IL.
    What is the asking price?
    The asking price for this property is $80,000.
    What are key features of this property?
    This property features: - Bar and Grill Opportunity: Own and operate your own restaurant/bar.; - Community-Focused Location: Benefit from strong local support in a welcoming small town.; - Abundant Storage: Utilize the basement for ample storage.
    (815) 290-9612
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    28 W Peoria St Piper City, IL 60959
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    Piper City, IL 60959
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    28 W Peoria St Piper City, IL 60959
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