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Property profile & analytics

3050 Main St St Charles, IL 60174-2489

  • Commercial real estate
  • 6,139 SF
  • 1.35 lot acres
OFF-MARKET
Last Sale
Jun 04, 2025
$1,200,000
Value Estimations
$1,185,000
Show details
Cap Rate Potential
9%
Commercial real estate
Location Intelligence
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.

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 valuation — 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
More about this property
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