Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

920 Niles St Metamora, IL 61548

  • Commercial real estate
  • 5.36 lot acres
Value Estimation
Location Intelligence
Property ID
US28-2828418
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

  • Commercial real estate

Property Details for 920 Niles St

Lot size
5.36 lot acres
Property type
Commercial real estate
APN
09-17-402-016
APU
917402016

Description

This exceptional commercial property, located at 920 N Niles Street in Metamora, Illinois, presents a rare opportunity for a restaurant, bar, tasting room, or event center. The 2,420 square foot building sits on a spacious 5.36-acre lot, offering ample room for expansion and outdoor activities. The sale includes most of the furniture, fixtures, and equipment (FF&E), making this a truly turnkey operation. This significantly reduces the upfront investment for the new owner, allowing them to focus on establishing and growing their business. The property's prime location within the Metamora community ensures high visibility and accessibility. The asking price of $289,000 represents excellent value for a property of this size and potential. Prospective buyers are responsible for verifying the zoning regulations to ensure compatibility with their intended use. High-quality photographs will be available shortly. Don't miss this chance to acquire a well-priced, established commercial property with significant growth potential in a desirable location. Act quickly, as this property is expected to generate considerable interest.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $265,000
  • CAP approach

    CAP return
    Estimation
    6%
    $235,000
    6.5%
    $235,000
    7%
    $225,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $245,000
    Geo Method
    $245,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $260,000
    Retail
    $270,000
    Mixed-Use
    $290,000
    Hospitality
    $240,000
    Educational
    $320,000
    Residential Income
    $275,000
    Energy
    $315,000
    Income-Based Land
    $310,000
    Food Service
    $245,000

Location Insight

  • Map
  • Local Demand
City
Metamora
County
Woodford
State
Illinois
Longitude
-89.3563
Latitude
40.7983
CBSA code
37900
CBSA name
PEORIA, IL METROPOLITAN 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
$4,037
$13,594
$30,586
$44,180
-
$40,782
$91,758
$132,540
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message