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    Property profile & analytics

    100 Adams St Waterman, IL 60556

    • Commercial real estate
    For Sale
    View listing
    Value Estimation
    Last Sale
    May 18, 2022
    $180,000
    Location Intelligence
    Property ID
    US28-5910382
    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

    • ATM / Atm
    • Pub West / Pub / Bar & Grill

    Property Details for 100 Adams St

    Property type
    Commercial real estate
    APN
    14-15-301-005
    APU
    1415301005

    Description

    This exceptional mixed-use commercial property, located at 100 E Adams St, Waterman, IL 60556, presents a unique investment opportunity. The 3,000-3,600 square foot, single-story building boasts a 100% occupancy rate and is currently operating as a bar, gaming, and lottery establishment. A key component is the kitchen, currently leased until April 1, 2027, generating a consistent monthly income of $2,500, inclusive of utilities and equipment maintenance. Recent improvements include a new walk-in cooler (installed a couple of years ago), a parking lot and dining room floor renovation completed in 2022, and a roof approximately 10 years old. The property benefits from city water and sewer connections. The building is available for sale with multiple financing options considered, including outright purchase, owner financing, or lease. The current owner is retiring, making this a turnkey operation ready for a new owner. The lease on the property is for five years, commencing April 1, 2022, and expiring April 1, 2027, leaving approximately 2.4 years remaining. All reasonable offers will be considered.

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Waterman
    County
    Dekalb
    State
    Illinois
    Longitude
    -88.7734
    Latitude
    41.7685
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI 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
    $7,390
    $20,864
    $70,142
    $91,006
    -
    $62,592
    $210,426
    $273,018

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    Similar Nearby for Sale

    • Contact for pricing
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      Adams Street Mixed-Use Business

      Profitable Waterman, IL business for sale
      100 Adams St, Waterman, IL 60556
      View Details
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      View Details
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    100 Adams St
    Waterman, IL 60556
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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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