Building Details

Year built 1998

Floors in Building 2

Flooring type Tile, Wood

Building materials Log, Wood Siding

Roof type Asphalt

Buildings 1

Listing Agency: RE/MAX Professionals · RE/MAX International m***@remax.net Show Phone

Listed By: Jim Fulgenzi · License #471021607 Show Phone

Added: Sep 16 Changed: Oct 28 Last Checked: Nov 2 at 10:06PM

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MLS# CA1046563

Copyright © 2026 RMLS Alliance. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This two-story restaurant property contains 3,672 finished SF, with 1,836 SF on each level. The main floor includes a dining area that has accommodated 50+ guests, enclosed patio seating, porch and outdoor areas, and a handcrafted stone fireplace. Log and wood siding, wood and tile flooring, propane forced-air heat, central air, an asphalt roof, and a septic tank are among the property’s existing features.

The upper level provides private living space with vaulted ceilings, hardwood floors, a large kitchen, walk-in pantry, open living and dining areas, a bedroom, full bath, office nook, and elevated deck. Built in 1998, the property is located at 6141 MAIN Street in Salisbury, Illinois, and carries B3 zoning. Its configuration supports continued restaurant use alongside residential occupancy, subject to applicable approvals.

Key Highlights

• 3,672 finished SF arranged as 1,836 SF on each of two levels
• Main floor has accommodated 50+ guests and includes enclosed patio seating
• Upper level includes bedroom, full bath, kitchen, walk‑in pantry, office nook, and elevated deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$28,476

Cap Rate

8.76%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$569,520 $569.5K

Cap Rate 7%

$406,800 $406.8K

Cap Rate 9%

$316,400 $316.4K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,672 SF

Gross rent

$48.5K $13.20/SF

− Vacancy

−$2.9K −$0.79/SF

EGI

$45.6K $12.41/SF

− OpEx

−$17.1K −$4.65/SF

NOI

$28.5K $7.76/SF

Area

Sangamon County, IL

Vacancy

6.00%

Lease Rate

$13.20 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$569,520

Cap Rate 7%

$406,800

Cap Rate 9%

$316,400

Alternative Uses

Best Use

Office B

$601.9K

$526.7K – $702.3K (±1% cap)

NOI $42,136 @ 7.0% cap · market cap 12.97%

Second Best

Specialty Retail

$484.4K

$423.8K – $565.1K (±1% cap)

NOI $33,907 @ 7.0% cap · market cap 10.44%

Theoretical Best

Office A

$811.0K

$709.6K – $946.2K (±1% cap)

NOI $56,769 @ 7.0% cap · market cap 17.47%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Plumbing Service Auto Repair Shop Computer & Electronic Repair (Bike/Boat/Book/etc) Store Restaurant Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

19

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 62677, IL

2,571

Population

895

Households

2.9

Avg Household Size

44

Median Age

35%

College-Educated

98%

High-School Grad

89.3 sq mi

ZIP Area

29

Density / Sq Mi

$99,167

Median Household Income

$53,824

Median Earnings

$888

Median Rent

$210,600

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Frequently Asked Questions

What type of property is this?

Conventional restaurant - B3-zoned property combines restaurant facilities with an upstairs residential layout and outdoor gathering areas.

Where is this conventional restaurant located?

The property is located at 6141 MAIN Street Salisbury, IL.

What is the asking price?

The asking price for this property is $324,900.

What are key features of this property?

This property features: 3,672 finished SF arranged as 1,836 SF on each of two levels; Main floor has accommodated 50+ guests and includes enclosed patio seating; Upper level includes bedroom, full bath, kitchen, walk‑in pantry, office nook, and elevated deck