Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    202 E Center St Le Roy, IL 61752

    For Lease
    $15 SF/Yr ($2,903 /Mo)

    Restaurant space available in LeRoy's vibrant downtown historic district.

    Property size:
    2,323 SF
    Lot size:
    0.05 Acres

    Property Features for 202 E Center St

    General Information

    Size
    2,323 SF
    Lot size
    0.05 Acres

    Source: SVN | Core 3 Agent Jill Spratt

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

    Overview

    Restaurant Space in Historic District

    Located in the historic LeRoy Commercial Historic District, this property offers a restaurant space spanning 2,323 square feet. The space includes a hood, but other kitchen equipment is not provided. Recent updates to the property include a new roof, new foundation, exterior paint (in progress), new doors and windows, and a new HVAC system is on the way. Downtown LeRoy features local businesses such as a bourbon hall, a southern-style boutique, hair salons, a barber, pharmacy, photographer, and an event venue. This property presents an opportunity to establish a restaurant in LeRoy's growing downtown district.
    Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Le Roy
    County
    McLean
    State
    Illinois
    Longitude
    -88.7633579
    Latitude
    40.346882

    FAQs

    What type of property is this?
    Restaurant - Restaurant space available in LeRoy's vibrant downtown historic district.
    Where is this restaurant located?
    The property is located at 202 E Center St Le Roy, IL.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime restaurant space in the thriving LeRoy Commercial Historic District.; - 2,323 sq. ft. space includes a hood.; - Recent updates: new roof, new foundation, exterior paint (in progress), new doors/windows, and new HVAC system on the way.
    (217) 722-3584
    Request Owner's contact information
    202 E Center St Le Roy, IL 61752
    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.
    202 E Center St
    Le Roy, IL 61752
    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
    202 E Center St Le Roy, IL 61752
    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.