Technical
Financial
Distress signals
Property profile

3683 Neunert Rd Jacob, IL 62950

OFF-MARKET
Commercial real estate
Property ID
US28-2947050
0.22 ac lot
Entity Owned 14-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This thriving bar and grill, located at 3683 Neunert Road in Jacob, Illinois, presents a unique investment opportunity. Boasting a rich history and loyal customer base, this well-established business is offered at $174,000. Recent renovations have significantly enhanced the property, including updated restrooms, flooring, and a fresh coat of paint throughout. Further enhancing safety and security, a new Halon fire suppression system was installed in August 2023. The annual flood insurance premium is $4,500. All kitchen appliances have been replaced within the last decade, ensuring operational efficiency and minimizing maintenance concerns. The sale includes a substantial 60 x 30 pole barn, providing ample storage space, along with a concrete block storage building. All existing furniture, fixtures, and equipment are included in the sale, encompassing tables, chairs, restaurant equipment, and televisions. Detailed financial records are available upon request with a serious offer, providing potential buyers with comprehensive insights into the business's performance and profitability. This turnkey operation is ready for a new owner to step in and continue its success. The property is classified as General Commercial. The lot size is zero acres.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 0.22 ac (9,583 SF)
APN 12-27-101-003
UPID US28-2947050

Cap rate & NOI

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

Location

3683 Neunert Rd Jacob, IL 62950-2708
Jacob metro Census 10300 CARBONDALE-MARION, IL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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