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Property profile & analytics

712 Main St Mendota, IL 61342-1626

  • Commercial real estate
  • 3,200 SF
  • 0.03 lot acres
OFF-MARKET
Last Sale
May 21, 2025
$100,000
Value Estimations
$95,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US28-4481013
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Leo's Studio Photographers / Photographer

Property Details for 712 Main St

Year built
1856
Lot size
0.03 lot acres
Property size
3,200 SF
Property type
Commercial real estate
APN
01-33-135-027
APU
133135027

Description

This exceptional mixed-use property, located at 712 Main St, Mendota, IL 61342, presents a unique investment opportunity. The property encompasses a thriving, consistently profitable restaurant and bar featuring a full traditional American menu, situated on a 3,200 sq ft lot. The 6,400 sq ft building, constructed in 1856 and completely remodeled in 2011, boasts a two-story design and is currently operating at 100% occupancy. The main level houses the well-established restaurant and bar, while the upper level comprises four income-generating apartments, adding to the property's overall profitability. The property includes two APNs: 0133135026 and 0133135027. Ten parking spaces are available for patrons and residents. The building is zoned B2 and offers a gross lease structure. The asking price is $395,000, translating to $61.72 per square foot. Current owners are available to provide training to ensure a smooth transition for the new owner. This turnkey operation offers immediate income potential and a strong foundation for continued success. The property is situated in LaSalle County and includes addresses 712-714 Main St. This is a rare opportunity to acquire a well-established and profitable business with significant upside potential.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $95,000
    ML approach
    $75,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $70,000
    Market price range: $70.3k - $210k
    AI Estimate
    $104,000
    Market price range: $104k - $288k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Mendota
County
Lasalle
State
Illinois
Longitude
-89.1187
Latitude
41.5485
CBSA code
36837
CBSA name
OTTAWA, IL MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,040
$2,954
$8,712
$11,666
-
$8,862
$26,136
$34,998
More about this property
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