Property profile

127 Broad St Carlinville, IL 62626

OFF-MARKET
Other commercial real estate
Property ID
US28-3230061
0.04 ac lot
Individually Owned ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 1,500-square-foot commercial building that was historically used as a high-traffic restaurant. It is located on a busy corner intersection just off the Carlinville square and includes a kitchen area and a dining area with utilities available, though it is currently without restaurant equipment. The layout includes two handicap-accessible restrooms and a front service counter. The building sits on a 0.0444-acre lot and includes an additional parcel identified as 12-000-944-00, which provides parking. The interior configuration is suitable for potential food service use as well as for conversion to professional office or retail use.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.04 ac (1,936 SF)
APN 12-000-941-00
UPID US28-3230061

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

127 Broad St Carlinville, IL 62626-1716
Carlinville metro Census 956400 ST. LOUIS, MO-IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2025
2 recorded transactions
2025
Price N/A
2022
Price N/A

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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