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Property profile & analytics

214 Main St Ruma, IL 62278

  • Office Properties & Spaces
Value Estimation
Last Sale
May 06, 2024
$130,000
Location Intelligence
Property ID
US28-3582945
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

  • Office Properties & Spaces

Property Details for 214 Main St

Property type
Office Properties & Spaces
APN
13-145-005-00
APU
1314500500

Description

This exceptional, fully renovated turn-key wine bar and restaurant is situated at 214 Main St, Ruma, IL, a mere five miles south of Red Bud. The property boasts a charming, rustic ambiance, featuring exposed brick walls in the dining and bar areas, creating a relaxed and inviting atmosphere. A unique architectural detail includes impressive pulley and belt ceiling fans. The sale includes all commercial equipment, furniture, and fixtures, ensuring a seamless transition for the new owner. The establishment benefits from ample parking, with spaces available both in front of and behind the building, supplemented by a nearby public parking area. The outdoor patio provides additional seating and a pleasant space for patrons to enjoy food and drinks. The building sits on a 0.28-acre lot and is offered at $750,000. This presents a rare opportunity to acquire an established and successful business in a desirable location. The property's turn-key nature minimizes the start-up challenges, allowing for immediate operation and revenue generation. The combination of a well-established business, charming atmosphere, and convenient location makes this a highly attractive investment opportunity. The building itself is a renovated turn-of-the-century structure, blending historical charm with modern amenities.

Value Estimation

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

    CAP return
    Estimation
    Estimation
    $130,000
  • CAP approach

    CAP return
    Estimation
    6%
    $155,000
    6.5%
    $145,000
    7%
    $145,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $140,000
    Geo Method
    $145,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $135,000
    Retail
    $135,000
    Mixed-Use
    $130,000
    Hospitality
    $145,000
    Educational
    $165,000
    Residential Income
    $140,000
    Energy
    $120,000
    Income-Based Land
    $165,000
    Food Service
    $155,000

Location Insight

  • Map
  • Local Demand
City
Ruma
County
Randolph
State
Illinois
Longitude
-89.9977
Latitude
38.1348

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
$2,384
$2,110
$41,450
$43,560
-
$6,330
$124,350
$130,680
More about this property
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