107 W MAIN Street, Green Valley, IL 61534
Established restaurant with loyal customer base and all equipment included.
- Added:
- Jan 9, 2022
- Days on Market:
- 1639
- Last Refresh:
- May 19 at 8:44 pm
Property Features for 107 W MAIN Street
General Information
- Standard status
- Active
- Size
- 408 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1976
Listing office Jim Maloof Realty, Inc.
Listing date Jan 9, 2022
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Jim Maloof Realty, Inc.
HighLights
- Turnkey, established business (37 years) with award‑winning reputation.
- Includes all equipment necessary for operation.
- Ideal for outdoor dining with large covered patio and ample parking.
- Well‑maintained property with high code, health, and safety standards.
- Additional land behind the building offers expansion possibilities.
- Air conditioned building with bathroom.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $6.1k | $15.00 |
| − Vacancy | −$428 | −$1.05 |
| EGI | $5.7k | $13.95 |
| − OpEx | −$1.4k | −$3.49 |
| NOI | $4.3k | $10.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Green Valley
- County
- Tazewell
- State
- Illinois
- Longitude
- -89.312163
- Latitude
- 40.3401479
