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    6 Main St Alto Pass, IL 62905

    Sponsored
    For Sale
    $99,900

    Restaurant/Retail Opportunity in Historic Illinois Town

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional $99,900 commercial property in Alto Pass, Illinois, presents a unique investment opportunity. Located at 6 MAIN Street, 62905, this 1890s building sits on land zoned for commercial use, including restaurant and retail operations. The property boasts a single building ideal for a variety of businesses, benefiting from its high-traffic location within a growing community. Its strategic position near popular attractions such as the Cross of Peace, Shawnee National Forest, local wineries, orchards, and other established businesses ensures consistent foot traffic and visibility. The previous owner successfully operated a restaurant on the premises for many years, demonstrating the site's viability for food service or similar ventures. This property offers a blend of historical charm and modern commercial potential, making it an attractive investment for entrepreneurs seeking a thriving location in a picturesque Illinois town. The property's prime location and surrounding attractions create a strong foundation for a successful business venture. The building's history adds character and appeal, while the high traffic count and growing community ensure a steady stream of potential customers. This is a rare opportunity to acquire a well-situated commercial property in a desirable location. The property's versatility allows for a range of business applications, making it an ideal investment for those seeking a profitable and established location.

    Property Features for 6 Main St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1890
    Buildings
    1

    HighLights

    • $99,900 commercial property in Alto Pass, IL (62905).
    • Located at 6 MAIN Street, on commercially‑zoned land.
    • 1890s building suitable for restaurant or retail.
    • High‑traffic location near attractions (Cross of Peace, Shawnee National Forest).
    • Proven viability; previously housed a successful restaurant.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Spa & Massage Hair Salon Clothing Store Nail Salon Hotel & Motel Food Market HVAC Service Grocery Store Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Alto Pass
    County
    Union
    State
    Illinois
    Longitude
    -89.3127358
    Latitude
    37.5685854

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    FAQs

    What type of property is this?
    Restaurant - Restaurant/Retail Opportunity in Historic Illinois Town
    Where is this restaurant located?
    The property is located at 6 Main St Alto Pass, IL.
    What is the asking price?
    The asking price for this property is $99,900.
    What are key features of this property?
    This property features: $99,900 commercial property in Alto Pass, IL (62905).; Located at 6 MAIN Street, on commercially-zoned land.; 1890s building suitable for restaurant or retail.
    Request Owner's contact information
    6 Main St Alto Pass, IL 62905
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    Alto Pass, IL 62905
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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
    6 Main St Alto Pass, IL 62905
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