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    405 Main St Savanna, IL 61074

    New
    For Sale
    $85,000

    Commercial - SAVANNA, IL

    Days on Market:
    4
    Last Refresh:
    Dec 13 at 2:06 am

    Property Features for 405 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    080709201020

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Building materials
    Brick, Frame
    Roof type
    Shingle
    Architectural style
    Other

    Barnes Realty, Inc (815) 493-2323 [email protected]

    Listing agent AIME HELDT (815) 864-2390 License #475140287

    Listing date Dec 10, 2025

    MLS# 202507526 Listing URL

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

    Overview

    Commercial Property with Apartment

    This commercial property is equipped for a bar and grill business, presenting opportunities for various ventures. Updates in 2022 included new tables, bar stools, coolers, plumbing, and electrical systems. An ice machine and tapper were added in 2024. The property features a full kitchen with a prep table, fryers, and a grill. The fire suppression system was inspected and passed in 2023. The upper level contains a three-bedroom apartment with views of the Mississippi River. The apartment includes a large kitchen, a spacious living room, a dining area, a large back porch area, and tall ceilings. The apartment can be used to generate income or as a residence for the business owner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Iron Horse Social Club, My Friends Place Bar & Grill, Manny's Saloon, Hess’s Whiskey River, Hawgdogs

    Location Insight

    • Map
    • Local Demand
    City
    Savanna
    County
    Carroll
    State
    Illinois
    Longitude
    -90.157074
    Latitude
    42.094474

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    FAQs

    What type of property is this?
    Bar - Commercial space with updated bar/grill and apartment overlooking river.
    Where is this bar located?
    The property is located at 405 Main St Savanna, IL.
    What is the asking price?
    The asking price for this property is $85,000.
    What are key features of this property?
    This property features: - Fully equipped and updated bar and grill ready for immediate operation (updated 2022, ice machine/tapper 2024).; - Includes a spacious 3-bedroom apartment with Mississippi River views, offering potential rental income or owner occupancy.; - Full commercial kitchen with prep table, fryers, and grill included.
    (815) 864-2390
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    405 Main St Savanna, IL 61074
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    Savanna, IL 61074
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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
    405 Main St Savanna, IL 61074
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