Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    303 E Main St Mount Olive, IL 62069

    For Sale
    $299,000

    Business - Mount Olive, IL

    Type:Business
    Property size:
    6,100 SF
    Lot size:
    0.09 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 8 at 7:06 am

    Property Features for 303 E Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    APN
    02-001-539-00
    Parking features
    Carport
    Appliances
    Cooktop, Refrigerator
    Size
    6,100 SF
    Lot size
    0.09 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1930
    Building materials
    Brick
    Architectural style
    Other

    RE/MAX Alliance (618) 975-6043 [email protected]

    Listing agent Mark Roberts (618) 635-2900 License #475.208136

    Listing date Jul 23, 2025

    MLS# 25050782 Listing URL

    Copyright © 2025 MARIS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant/Bar in Mount Olive

    This is a turnkey restaurant, bar, and grill located in a high-traffic area on Main Street in Mount Olive, Illinois. The bar is full service with an established clientele. All equipment, inventory, and furniture are included. The restaurant offers a full menu and full service, with private dining, a billiard room, and a bar. A game room is established for extra income. The building is large enough for events, bands, and many tables. The back patio offers a stage and opportunity for outside dining and events. There is plenty of off-street parking and it is easy to walk to from most of downtown Mount Olive. The property size is 6,100 square feet and the lot size is 0.0932 acres. Upstairs has finished office space and can be turned into apartments or leased for commercial tenants. The property is located in Macoupin County, with the postal code 62069.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Gym & Fitness Auto Repair Shop Pharmacy Wholesale Shop

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

    Similar Places Nearby

    Mel's Place, Tilleys Tavern

    Location Insight

    • Map
    • Local Demand
    City
    Mount Olive
    County
    Macoupin
    State
    Illinois
    Longitude
    -89.724787
    Latitude
    39.072381

    FAQs

    What type of property is this?
    Bar - Profitable restaurant/bar with high traffic and established clientele.
    Where is this bar located?
    The property is located at 303 E Main St Mount Olive, IL.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Turnkey, profitable restaurant/bar/grill business with established clientele.; - Includes all equipment, inventory, and furniture.; - Versatile space with full menu service, private dining, billiard room, and game room for extra income.
    (618) 635-2900
    Request Owner's contact information
    303 E Main St Mount Olive, IL 62069
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    303 E Main St
    Mount Olive, IL 62069
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    303 E Main St Mount Olive, IL 62069
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.