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    107 Main St Green Valley, IL 61534

    Sponsored
    For Sale
    $75,000

    Established eatery, prime location, Illinois.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional turnkey restaurant opportunity in Green Valley, Illinois, is priced at $75,000. Located at 107 W MAIN Street, 61534, this established business boasts a 37-year history of success, serving generations of customers with delicious food and frozen treats. The property includes the building, constructed in 1976, and additional land, offering ample parking and potential for expansion, particularly given the current trend towards outdoor dining. A large covered patio is already in place. The building itself features air conditioning and a bathroom. All equipment is included in the sale price. The business maintains impeccable health and safety standards, and its award-winning reputation for service is well-known in the area. This presents a fantastic opportunity for an individual seeking to own their own business or for an investor looking for a profitable sublet opportunity. The property is zoned for commercial and restaurant use. The location is just outside of Pekin, offering easy access to a larger customer base. This is a rare chance to acquire a well-established, profitable business with significant potential for growth.

    Property Features for 107 Main St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1976

    HighLights

    • $75,000 asking price.
    • Land and retail property in Green Valley, IL.
    • 1976 construction.
    • Turn‑key restaurant business included; established reputation and high safety standards.
    • Includes equipment, large covered patio, ample parking, and additional land.
    • Air‑conditioned building with bathroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Wholesale Shop Auto Parts Store Food Market Storage Facility Farmer's Market

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

    Location Insight

    • Map
    • Local Demand
    City
    Green Valley
    County
    Tazewell
    State
    Illinois
    Longitude
    -89.6441578
    Latitude
    40.4074049

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Established eatery, prime location, Illinois.
    Where is this restaurant located?
    The property is located at 107 Main St Green Valley, IL.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: $75,000 asking price.; Land and retail property in Green Valley, IL.; 1976 construction.
    Request Owner's contact information
    107 Main St Green Valley, IL 61534
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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
    107 Main St Green Valley, IL 61534
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