Property profile

303 MAIN ST Mount Olive, IL 62069

OFF-MARKET
Commercial (General)
Property ID
US28-3279853
0.09 ac lot
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Property summary

AI-generated overview

A 6,100-square-foot commercial building in Mount Olive, Illinois (Macoupin County, 62069) located on Main Street. The property has a restaurant, bar, and grill configuration with full-service dining and a bar area, including amenities such as private dining, a billiard room, and a game room. The interior layout supports seating for many patrons and can accommodate events and live entertainment; there is also a back patio with a stage suitable for outdoor dining and events. The site includes a lot area of 0.0932 acres and provides off-street parking, with pedestrian access from downtown. The upper level contains finished office space and is designed in a way that could support conversion to residential units or continued use for commercial tenants.

Property profile

Verified
Property type Commercial (General)
Lot 0.09 ac (4,060 SF)
APN 02-001-539-00
UPID US28-3279853

Cap rate & NOI

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

Location

303 MAIN ST Mount Olive, IL 62069
Mount Olive metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2017
1 recorded transaction
2017
$75,000
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