Property profile

111 Vine St Atlanta, IL 61723

OFF-MARKET
Commercial real estate
Property ID
US28-4653123
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This thriving bar and grill, located at 111 SE Vine Street in Atlanta, Illinois, presents a unique investment opportunity. Situated on Route 66, this established business boasts a loyal clientele and consistent traffic. The 1,400 square foot building underwent significant renovations since 2020, including a complete HVAC system upgrade, extensive interior remodeling, and replacement of major appliances. The property includes a full bar, kitchen, and ample seating to accommodate patrons. Four semi-private gaming machines, licensed through ME Gaming, and several arcade games add to the establishment's appeal. A full, albeit currently unrenovated, second story and a full basement offer significant expansion potential. The business operates Monday through Thursday from 10:00 AM to 12:00 AM, and Friday and Saturday from 10:00 AM to 1:00 AM, remaining closed on Sundays. The current staff includes a full-time cook/bartender and approximately seven part-time, cross-trained bartenders. The sale includes all equipment and fixtures, excluding a few personal decorative items, offering a truly turnkey operation. This is a chance to acquire a well-established business in a desirable location with the potential for continued growth and development. The asking price for this exceptional property is $99,000.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 05-333-006-00
UPID US28-4653123

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

111 Vine St Atlanta, IL 61723
Atlanta metro Census 952900 LINCOLN, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2025
Last sale
$41,500
3 recorded transactions
2025
$41,500
2020
Price N/A
2013
$89,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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