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    1112 Madison St S Roxana, IL

    For Sale
    $350,000

    Established bar and grill near Phillips 66 Wood River refinery.

    Property size:
    2,306 SF
    Lot size:
    0.24 Acres

    Property Features for 1112 Madison St S

    General Information

    Size
    2,306 SF
    Lot size
    0.24 Acres

    Source: BARBERMurphy Agent John L Eichenlaub

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Bar and Grill For Sale

    This established bar and grill is located across from the Phillips 66 Wood River refinery. The property includes a 2,306-square-foot building with a kitchen, an outdoor patio, a pool table, and gaming machines. Additionally, there is a separate detached building designated for smoking, which is equipped with electricity. The business operates with the following hours: Monday through Friday from 5 a.m. to 1 a.m., Saturday from 4 a.m. to 2 a.m., and Sundays opening at 11 a.m. The menu features breakfast, sandwiches, and food specials. The property is situated approximately 0.6 miles from I-255, positioned between Hwy 111 and I-255, and directly across from the refinery entrance, presenting a business opportunity.
    Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Realty agency Restaurant Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Department Store Bar & Pub

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

    Similar Places Nearby

    Dad's Pub, Sparky's Bar & Grill, Second Last Chance Saloon

    Location Insight

    • Map
    • Local Demand
    City
    Roxana
    County
    Madison
    State
    Illinois
    Longitude
    -90.068901
    Latitude
    38.832714

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    FAQs

    What type of property is this?
    Bar - Established bar and grill near Phillips 66 Wood River refinery.
    Where is this bar located?
    The property is located at 1112 Madison St S Roxana, IL.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Established bar and grill business opportunity.; - Located across from the Phillips 66 Wood River refinery.; - Includes a kitchen, outdoor patio, pool table, and gaming machines.
    (618) 277-4400
    Request Owner's contact information
    1112 Madison St S Roxana, IL
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    Roxana, IL
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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
    1112 Madison St S Roxana, IL
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