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    101 Union St Maryville, IL 62062

    Sponsored
    For Sale
    $795,000

    Four Buildings, High Potential

    Property size:
    986 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional Maryville, IL property, located at 101 East Union St, presents a unique investment opportunity. The 0.44-acre lot features four buildings totaling 986-1290 square feet, currently zoned residential but with potential for commercial conversion. Two residences boast oversized garages

    Property Features for 101 Union St

    General Information

    Property type
    Restaurants
    Square Feet
    986 SF
    Lot Size
    19,166 SF

    Building Details

    Buildings
    4
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Maryville
    County
    Madison
    State
    Illinois
    Longitude
    -89.9563243
    Latitude
    38.7250987

    Nearby Comparable

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Restaurant - Four Buildings, High Potential
    Where is this restaurant located?
    The property is located at 101 Union St Maryville, IL.
    What is the asking price?
    The asking price for this property is $795,000.
    Request Owner's contact information
    101 Union St Maryville, IL 62062
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    Maryville, IL 62062
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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
    101 Union St Maryville, IL 62062
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