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Property profile & analytics

903 Saint Louis St Sparta, IL 62286

  • Office Properties & Spaces
  • 1.00 lot acres
Value Estimation
Location Intelligence
Property ID
US28-4636903
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

  • Office Properties & Spaces

Property Details for 903 Saint Louis St

Lot size
1.00 lot acres
Property type
Office Properties & Spaces
APN
19-141-005-00
APU
1914100500

Description

This exceptional commercial property at 903 S Saint Louis Street, Sparta, IL, presents a unique investment opportunity. Priced at $140,000, this one-acre lot features a well-established restaurant building ready for immediate operation. The previous owners are retiring, offering a turnkey setup including all existing equipment, inventory, and furnishings. The kitchen is fully equipped with three fryers, a grill, a flat-top griddle, stainless steel prep tables, an ice machine, freezers, and a walk-in cooler. The spacious dining area comfortably accommodates numerous patrons, complemented by a private room and a large bar. The property's highway visibility makes it ideal not only for a restaurant but also for a variety of other commercial ventures. The building's established reputation within the community provides a strong foundation for future success. This is a rare chance to acquire a fully equipped, ready-to-operate business with significant potential, situated on a substantial one-acre parcel. The extensive equipment and inventory included in the sale represent a significant value-add, minimizing initial startup costs. The property's location and existing infrastructure offer immediate operational capabilities, making it an attractive proposition for both experienced restaurateurs and entrepreneurs seeking a profitable venture. The ample space and versatile layout provide flexibility for adapting the property to various business models. This is a truly exceptional opportunity to own a piece of Sparta's commercial landscape.

Value Estimation

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

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Sparta
County
Randolph
State
Illinois
Longitude
-89.7043
Latitude
38.1124

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
$0.00
$8,330
$41,470
$49,800
-
$24,990
$124,410
$149,400
More about this property
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