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Property profile & analytics
FOR SALE
Commercial real estate

104 W Taylorville Rd Taylorville, IL 62568

1,880 SF 0.1 ac lot Built 1947
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US28-4009543
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents the chance to acquire Burton's Tap, a beloved and iconic pub located just west of Taylorville, Illinois, in the quaint village of Langleyville. Boasting nearly 1,880 square feet of space, this well-established establishment offers a main bar area, a spacious back party room perfect for private events, and a recently added outdoor beer garden ideal for summer enjoyment. The interior features a vintage bar and charming dГ©cor, creating a welcoming atmosphere reminiscent of a classic neighborhood pub. A key component of the business's success is its renowned pizza, recognized for its unmatched quality throughout the region. The property has benefited from numerous recent updates within the past year, enhancing its operational efficiency and aesthetic appeal. This presents a rare opportunity to own a thriving, well-regarded business with a strong reputation and loyal customer base in a desirable location. The sale includes all existing fixtures, equipment, and inventory, making this a truly turnkey operation ready for immediate ownership and continued success. Financial details are available upon request. This is a unique chance to invest in a piece of local history and build upon an already successful business model.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1947
Construction FRAME
Total area 1,880 SF
Lot 0.1 ac (4,550 SF)
Zoning code C-1
APN 17-13-19-304-001-00
UPID US28-4009543
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Steven R Cline · 4 yrs held
Steven R Cline
since 2022
Last sale
$300,000
3 recorded transactions
2022
$300,500
2005
$6,500
2005
$6,500
Zoning & alternative use
C-1 · Taylorville, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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