207 Main St Royalton, IL 62983
This exceptional commercial land parcel, located at 207 S MAIN Street in Royalton, Illinois (zip code 62983), presents a unique investment opportunity. The property, listed at $95,000, includes two buildings constructed in 1920, rich with history. The buildings retain significant original features, including a preserved bar and hardwood flooring, adding to their character and charm. A notable historical element is the presence of a former train car, once home to Mary's Ravioli's, a testament to the site's rich past. While updates have been made to maintain the buildings' structural integrity, the nostalgic ambiance has been carefully preserved. This property is situated in Franklin County, Illinois, offering a blend of historical significance and commercial potential. The precise dimensions of the land parcel are not specified, but the two existing buildings provide a solid foundation for a variety of commercial ventures. The property's location in Royalton provides access to local amenities and infrastructure. This is a rare chance to acquire a piece of Illinois history with significant commercial possibilities. The property's location coordinates are 37.8791206 latitude and -89.1140955 longitude. Serious inquiries are encouraged.
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Route 149 Bar & Pub
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.