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    620 Main St Galatia, IL 62935

    • Commercial real estate
    For Sale
    View listing
    $150,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-4424080
    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 620 Main St

    Property type
    Commercial real estate
    APN
    05-2-082-10
    APU
    5208210

    Description

    This exceptional business opportunity presents a fully operational restaurant and land located at 620 E Main Street, Galatia, Illinois, 62935. Priced at $150,000, this turnkey operation, known as Kelly's Kitchen, offers a cozy and inviting atmosphere perfect for family gatherings. The sale includes all existing equipment and high-quality finishes, eliminating the need for significant upfront investment. The property is classified as both commercial and restaurant land, providing flexibility for future expansion or adaptation. The restaurant boasts a menu featuring a variety of homemade dishes prepared from scratch, establishing a strong foundation for continued success. Situated in Saline County, Illinois, this property benefits from a convenient location on East Main Street. The precise coordinates are 37.8401207 latitude and -88.60279 longitude. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a ready-made establishment with established customer base and proven recipes. The sale includes the land, building, and all existing restaurant equipment. Don't miss this chance to own a thriving business in a desirable location.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Galatia
    County
    Saline
    State
    Illinois
    Longitude
    -88.6028
    Latitude
    37.8401
    CBSA code
    25380
    CBSA name
    HARRISBURG, 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
    $3,092
    $5,792
    $31,007
    $36,799
    -
    $17,376
    $93,021
    $110,397

    Comparable in this City

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      504 Main St

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      1.16 Acres

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      View Details
    • Value Estimation by Request

      110 Locust St

      COMMERCIAL (GENERAL)
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      View Details
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    620 Main St
    Galatia, IL 62935
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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
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