Realmo Analytics
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Property summary
This exceptional turnkey business opportunity in Groveland, IL, presents a well-established restaurant spanning 2,610 square feet on a 0.56-acre lot at 18706 Springfield Road. The property boasts a rich history, having operated successfully under the same ownership for 34 years. Included in the sale price of $400,000 are the building, land, existing business, and all equipment. The equipment is modern and recently upgraded, featuring brand-new exhaust systems in the kitchen. The restaurant… includes a walk-in cooler currently in use, plus a second walk-in cooler available as an option. The exterior has been recently updated, enhancing curb appeal. The spacious interior comfortably seats 140 guests, divided between two dining rooms and a dedicated banquet area, perfect for larger events. Ample parking is provided with over 50 spaces, ensuring convenient access for patrons. The property's prominent location on Springfield Road ensures high visibility and accessibility. A loyal and dedicated staff contributes to the smooth and efficient operation of this thriving business. This is a rare opportunity to acquire a profitable, established business with significant potential for continued growth. The combination of a strong business history, updated facilities, and prime location makes this an attractive investment.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
1 recorded sale · 2 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 2,610 SF
- Lot area
- 0.56 ac
- Year built
- 1937
- Stories
- 2
- APN
- 05-05-27-201-007
- Assessed value · 2023
- $95,020
- Annual tax · 2023
- $6,736
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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