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    520 7th St Riverton, IL 62561-8082
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    Property profile & analytics

    520 7th St Riverton, IL 62561-8082


    • Commercial real estate
    • 0.33 lot acres
    Off-Market
    Last Sale Oct 11, 2024
    $162,000
    Property ID
    US28-3111474
    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.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Legacy Slots / Gambling House / Bar

    Property Details for 520 7th St

    Lot size
    0.33 lot acres
    Property type
    Commercial real estate
    APN
    15-10.0-351-036
    APU
    15100351036

    Description

    This thriving bar and gaming parlor, located at 520 N 7th Street in Riverton, Illinois, presents a unique opportunity for an ambitious entrepreneur. The 1,080 square foot building boasts a prime location, ensuring excellent exposure and visibility for your business. The property is offered at $300,000 and comes fully equipped with all the necessary gaming equipment to continue operations immediately. This includes a variety of gaming machines, a music system, and even a claw machine, providing diverse entertainment options for patrons. The existing business is already established and successful, offering a solid foundation for continued growth and profitability. The turnkey nature of this offering minimizes the start-up time and costs associated with launching a new venture. This is an exceptional chance to acquire a ready-to-go business with significant potential for expansion and increased revenue. The property sits on a lot with no acreage, making it ideal for a compact, high-traffic business. This is a rare opportunity to step into an established, profitable business with minimal upfront investment in equipment and setup. The location alone offers a significant advantage, ensuring a steady stream of customers. Don't miss this chance to own your own successful business.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

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    Location Insight

    • Map
    • Local Demand
    City
    Riverton
    County
    Sangamon
    State
    Illinois
    Longitude
    -89.5392
    Latitude
    39.8489
    CBSA code
    44100
    CBSA name
    SPRINGFIELD, IL 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
    2023
    $1,604
    $11,208
    $12,467
    $23,675
    -
    $33,624
    $37,401
    $71,025
    More about this property
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