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Property profile & analytics
OFF-MARKET
Investment properties

215 Main St Royalton, IL 62983

Individually Owned Absentee Owner Free & Clear
Property ID
US28-4377623
Property summary
AI-generated overview

This exceptional 2,523 square foot commercial property, situated on a 0.11-acre lot at 215 S Main Street in Royalton, Illinois, presents a remarkable opportunity for business owners. Priced at $145,000, this property boasts significant advantages, including recently updated plumbing and electrical systems, ensuring reliable and efficient operation. A modern, high-efficiency HVAC system maintains a comfortable interior environment while minimizing energy costs. Security features are already in place, providing peace of mind for the new owner. The layout is versatile and well-suited for a variety of commercial uses, particularly restaurants or bars. While some basic kitchen and bar equipment is included, prospective buyers should be aware that additional appliances and equipment will be necessary to fully outfit the space to their specific needs. The property's location on Main Street offers high visibility and excellent accessibility for customers, maximizing potential for success. This is a turnkey opportunity to acquire a well-maintained commercial space in a desirable location, ready for immediate occupancy and customization to suit your business vision. The property is ready for a new owner to transform it into a thriving enterprise. Don't miss this chance to secure a prime commercial location in Royalton.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
APN 1028355006
UPID US28-4377623
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
KYLE STUBBLEFIELD
KYLE STUBBLEFIELD
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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