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Property profile & analytics
OFF-MARKET
Commercial real estate

307 Railroad Ave Blue Mound, IL 62513

0.09 ac lot
Entity Owned ~ Est. High Equity
Property ID
US28-3601201
Property summary
AI-generated overview

This exceptional Class A restaurant property in Blue Mound, Illinois presents a unique investment opportunity. Located at 307 N Railroad Ave, this 960-square-foot building sits on a 0.25-acre corner lot, enjoying high visibility on the busy IL RT 48, boasting over 4,700 vehicles daily. Built in 2015, the property is zoned COM and features a functional layout ideal for a food service or gaming establishment. The interior includes existing kitchen infrastructure, such as sinks and a grease trap, along with ADA-compliant restrooms, ensuring immediate operational readiness. The asking price is $85,000, translating to $88.54 per square foot. This turnkey operation is ready for a new owner to step in and capitalize on its prime location and existing infrastructure. The property's APN is 15-15-31-483-004, and its single-story building is situated in Macon County, Illinois, zip code 62513. This is a rare chance to acquire a well-established business space in a thriving community. The property's strategic location and existing features make it an attractive investment for both seasoned entrepreneurs and first-time business owners. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.09 ac (4,000 SF)
Zoning code MUNICIPAL
APN 15-15-31-483-004
UPID US28-3601201
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
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Luka Popcorn Co
Luka Popcorn Co
since 2026
Last sale
$65,000
3 recorded transactions
2026
$65,000
2025
$60,000
2016
$105,000
Zoning & alternative use
MUNICIPAL · Blue Mound, IL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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