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

    920 Niles St Metamora, IL 61548

    Sponsored
    For Sale
    $289,000

    Turn-key restaurant on 5.36 acres

    Property size:
    2,420 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional commercial property, located at 920 N Niles Street in Metamora, Illinois, presents a rare opportunity for a restaurant, bar, tasting room, or event center. The 2,420 square foot building sits on a spacious 5.36-acre lot, offering ample room for expansion and outdoor activities. The sale includes most of the furniture, fixtures, and equipment (FF&E), making this a truly turnkey operation. This significantly reduces the upfront investment for the new owner, allowing them to focus on establishing and growing their business. The property's prime location within the Metamora community ensures high visibility and accessibility. The asking price of $289,000 represents excellent value for a property of this size and potential. Prospective buyers are responsible for verifying the zoning regulations to ensure compatibility with their intended use. High-quality photographs will be available shortly. Don't miss this chance to acquire a well-priced, established commercial property with significant growth potential in a desirable location. Act quickly, as this property is expected to generate considerable interest.

    Property Features for 920 Niles St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,420 SF
    Lot Size
    233,482 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Metamora
    County
    Woodford
    State
    Illinois
    Longitude
    -89.35709
    Latitude
    40.79829

    Nearby Similar for Sale

    • $550,000
      1.00 Acre

      Versatile Commercial Building Near Route

      6,000 sq ft commercial building suitable for various businesses.
      1287 Lourdes Rd, Metamora, IL 61548
      View Details
    • $199,000
      2,707 SF

      Metamora Commercial Building - Huge Potential

      Versatile 2707 sq ft building on 2.74 acres. Ideal for various uses.
      1301 Douglas Rd, Metamora, IL 61548
      View Details
    • $6,000,000
      25.39 Acres

      Metamora Commercial Land - Route 116

      Prime 25-acre commercial development site. High traffic counts, highway access.
      Rte 116 Hwy, Metamora, IL 61548
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Turn-key restaurant on 5.36 acres
    Where is this commercial real estate located?
    The property is located at 920 Niles St Metamora, IL.
    What is the asking price?
    The asking price for this property is $289,000.
    Request Owner's contact information
    920 Niles St Metamora, IL 61548
    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.
    920 Niles St
    Metamora, IL 61548
    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
    920 Niles St Metamora, IL 61548
    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.