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Property profile & analytics

101 Main St Steeleville, IL 62288-1513

  • Office Properties & Spaces
OFF-MARKET
Value Estimation
$55,000
Last Sale
Nov 18, 2021
$50,000
Location Intelligence
Property ID
US28-4437123
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

  • The Local Pub Corporation / Bar & Grill

Property Details for 101 Main St

Property type
Office Properties & Spaces
APN
17-003-008-00
APU
1700300800

Description

This exceptional commercial property at 101 E Main Street, Steeleville, Illinois presents a unique investment opportunity. Situated on a 0.34-acre lot, this fully renovated restaurant space is ready for immediate occupancy. The building is ideally positioned for high visibility and foot traffic, making it perfect for a variety of food service businesses, including restaurants, cafes, or even event spaces. The modern renovations provide a clean, contemporary aesthetic, minimizing the need for extensive upgrades and allowing a new owner to focus on their business operations. The interior layout is adaptable and can be customized to suit specific needs and preferences. This turnkey operation eliminates the hassle and expense of extensive renovations, allowing for a swift and efficient start-up. The property's location in the heart of Steeleville offers access to a local customer base and provides excellent potential for growth and success. The asking price is $245,000. This is an exceptional chance to acquire a well-maintained, ready-to-use commercial space in a desirable location. Don't miss this chance to establish your business in a thriving community. The property is offered as-is.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $50,000
  • CAP approach

    CAP return
    Estimation
    6%
    $75,000
    6.5%
    $70,000
    7%
    $75,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $60,000
    Geo Method
    $75,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $60,000
    Retail
    $70,000
    Mixed-Use
    $65,000
    Hospitality
    $65,000
    Educational
    $60,000
    Residential Income
    $60,000
    Energy
    $60,000
    Income-Based Land
    $60,000
    Food Service
    $80,000

Location Insight

  • Map
  • Local Demand
City
Steeleville
County
Randolph
State
Illinois
Longitude
-89.6581
Latitude
38.0095

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
$2,017
$5,360
$28,490
$33,850
-
$16,080
$85,470
$101,550
More about this property
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