3050 Main St St Charles, IL 60174-2489
Property profile & analytics
3050 Main St St Charles, IL 60174-2489
- Commercial real estate
- 6,139 SF
- 1.35 lot acres
Property ID
US28-3213852
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.
Location Intelligence
Current Use by Public Records
- Commercial real estate
Property Details for 3050 Main St
- Year built
- 2001
- Lot size
- 1.35 lot acres
- Property size
- 6,139 SF
- Property type
- Commercial real estate
- APN
- 09-25-178-005
- APU
- 925178005
Description
This exceptional 6,488-square-foot full-service restaurant presents a rare opportunity for established or emerging culinary entrepreneurs. Located on a highly visible 1.44-acre lot on East Main Street, this single-tenant property boasts significant street frontage and ample parking for 104 vehicles, ensuring convenient access for patrons. The building itself offers a substantial interior space ideal for a variety of restaurant concepts, from casual dining to upscale establishments. The property's current lease has up to 10 years remaining, providing excellent long-term stability for the investor. Its prime location within a bustling commercial area guarantees high visibility and consistent foot traffic, making it an attractive investment with strong potential for growth and profitability. The expansive lot size also offers potential for future expansion or development, adding further value to this already impressive property. This turnkey operation is ready for immediate occupancy, offering a seamless transition for a new owner. The substantial parking capacity is a key advantage in a market where convenient parking is often a limiting factor for restaurant success. The property's size and location combine to create a compelling investment opportunity in a thriving commercial district. This is a chance to acquire a well-established restaurant space with significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $845,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,270,000
- 6.5%
- $1,175,000
- 7%
- $1,090,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $1,157,000
Market price range: $481k - $1.16M -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,320,000 Current use
- APARTMENT HOUSE (5+ UNITS)
- $1,180,000 Change: -11% Conversion: Moderate
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- St Charles
- County
- Kane
- State
- Illinois
- Longitude
- -88.2735
- Latitude
- 41.9218
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
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
2022
$76,632
$312,856
$259,047
$571,903
-
$938,568
$777,141
$1,715,709
