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    657 N Mill St Nashville, IL 62263

    New
    For Sale
    $250,000

    Commercial - Nashville, IL

    Property size:
    2,990 SF
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 7:06 am

    Property Features for 657 N Mill St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    city
    APN
    101213383008
    Parking
    10
    Size
    2,990 SF

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Flooring type
    Concrete
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Other

    Somer Real Estate (618) 548-5123 [email protected]

    Listing agent Stacey Russell (618) 548-5123 License #471017953

    Listing date Dec 5, 2025

    MLS# EB460678 Listing URL

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

    Overview

    Route 127 Commercial Opportunity

    Located on Route 127, this property features a bar that has been under the same ownership for 19 years. The sale includes the bar area, cooler, enclosed porch, and outside tables within a fenced area. Tables and chairs are negotiable. Parking is available in front of the building. Additionally, the property includes two adjoined buildings. One of these buildings previously operated as a diner. The other is a warehouse space with character. The property offers opportunities for various ventures, including a sports bar or mechanic shop, and features a second story with brick walls, a loft area, and a basement area. The total property size is 2990 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    127 Lounge Bar

    Suggested Use

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

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

    Similar Places Nearby

    Slip In Saloon, Circle K, 127 Lounge, Jules Joint Nashville, IL, Lucky Larry's Slots

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Washington
    State
    Illinois
    Longitude
    -89.380925
    Latitude
    38.348513

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    FAQs

    What type of property is this?
    Bar - Bar, diner, and warehouse space on Route 127.
    Where is this bar located?
    The property is located at 657 N Mill St Nashville, IL.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Established location on Route 127, previously a bar for 19 years.; - Includes existing bar area, cooler, enclosed porch, and outdoor tables.; - Offers versatile space: former bar, diner, and warehouse.
    (618) 548-5123
    Request Owner's contact information
    657 N Mill St Nashville, IL 62263
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    Nashville, IL 62263
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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
    657 N Mill St Nashville, IL 62263
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