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    7 Main St Pinckneyville, IL 62274

    Sponsored
    For Sale
    $95,000

    Historic building, ideal for various uses. High-traffic location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional commercial property, located at 7 N Main Street in Pinckneyville, Illinois, 62274, presents a unique investment opportunity. Built in 1900, this land and retail space is priced at $95,000. Its prime location on the original town square offers excellent visibility and accessibility. The building boasts convenient front access from N Main Street and rear access from N Walnut Street. Previously utilized as a restaurant, the adaptable layout makes it suitable for a variety of commercial ventures. The interior features a spacious dining area, a fully equipped kitchen, and two bathrooms. A significant advantage is the inclusion of a walk-in cooler, a valuable asset for food service or other businesses requiring cold storage. The property's historical character combined with its modern conveniences creates a compelling proposition for entrepreneurs seeking a well-established location in a thriving community. The property's address is easily accessible and benefits from high foot traffic due to its central location. This is a rare opportunity to acquire a versatile commercial space in a desirable location.

    Property Features for 7 Main St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1900

    HighLights

    • Prime Pinckneyville, IL location on the town square at 7 N Main Street.
    • $95,000 asking price for land and retail space built in 1900.
    • Excellent visibility and accessibility with front and rear access.
    • Adaptable layout, previously a restaurant, suitable for various commercial uses.
    • Features spacious dining area, full kitchen, two bathrooms, and a walk‑in cooler.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Pinckneyville
    County
    Perry
    State
    Illinois
    Longitude
    -89.382646
    Latitude
    38.0804241

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    FAQs

    What type of property is this?
    Restaurant - Historic building, ideal for various uses. High-traffic location.
    Where is this restaurant located?
    The property is located at 7 Main St Pinckneyville, IL.
    What is the asking price?
    The asking price for this property is $95,000.
    What are key features of this property?
    This property features: Prime Pinckneyville, IL location on the town square at 7 N Main Street.; $95,000 asking price for land and retail space built in 1900.; Excellent visibility and accessibility with front and rear access.
    Request Owner's contact information
    7 Main St Pinckneyville, IL 62274
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    Pinckneyville, IL 62274
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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
    7 Main St Pinckneyville, IL 62274
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