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    Property profile & analytics

    5555 Clark St Monroe Center, IL 61052

    • Commercial real estate
    • 2.00 lot acres
    For Sale
    View listing
    $689,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-2889417
    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

    • Double-O Saloon & Grill / Bar & Grill / Event Venue

    Property Details for 5555 Clark St

    Lot size
    2.00 lot acres
    Property type
    Commercial real estate
    APN
    12-21-252-001
    APU
    1221252001

    Description

    Exceptional opportunity to acquire a thriving, turnkey bar and grill located at 5555 Clark St, Monroe Center, IL 61052. This 5,800 square foot establishment, built in 2000 and extensively renovated in 2020, sits on a spacious 1.99-acre lot (APN: 12-21-252-001). The property features a captivating old-west theme, complete with period-specific décor, lighting, decorative tin ceilings, and two custom-built bar-backs. Beyond the main bar area, the property includes a private banquet room and gaming area. This is a fully operational business, with all furniture, fixtures, equipment, and inventory included in the asking price of $689,000. The single-story building offers ample space for both customer seating and operational needs. Detailed information is available upon request. This represents a rare opportunity to own a well-established and profitable business in a desirable location. Serious inquiries only.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Monroe Center
    County
    Ogle
    State
    Illinois
    Longitude
    -89.0029
    Latitude
    42.1015
    CBSA code
    40300
    CBSA name
    ROCHELLE, IL MICROPOLITAN 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
    $8,472
    $16,967
    $83,683
    $100,650
    -
    $50,901
    $251,049
    $301,950

    Comparable in this City

    • Value Estimation
      $150,000
      1.43 Acres

      306 Pacific St

      COMMERCIAL (GENERAL) • 1.43 Acres
      306 Pacific St, Monroe Center, IL 61052
      View Details
    • Value Estimation
      $185,000
      0.37 Acres

      102 Pacific St

      COMMERCIAL (GENERAL) • 0.37 Acres
      102 Pacific St, Monroe Center, IL 61052-9602
      View Details
    • Value Estimation by Request

      112 Main St

      COMMERCIAL (GENERAL)
      112 Main St, Monroe Center, IL 61052
      View Details
    • Value Estimation
      $165,000
      0.38 Acres

      106 Main St

      COMMERCIAL (GENERAL) • 0.38 Acres
      106 Main St, Monroe Center, IL 61052-9806
      View Details
    • Value Estimation
      $255,000
      3.49 Acres

      5558 Clark St

      COMMERCIAL (GENERAL) • 3.49 Acres
      5558 Clark St, Monroe Center, IL 61052-9800
      View Details
    • Value Estimation by Request
      0.08 Acres

      Monroe Center, IL 61052

      COMMERCIAL (GENERAL) • 0.08 Acres
      Monroe Center, IL 61052
      View Details

    Similar Nearby for Sale

    • $689,000
      5,800 SF

      Prime Monroe Center Bar & Grill

      Turnkey bar/grill, established business.
      5555 Clark St, Monroe Center, IL 61052
      View Details
    • $675,000
      5,800 SF

      Turnkey Saloon & Grill Business

      Fully-equipped bar and grill near I-39 in Monroe Center.
      5555 N Clark St, Monroe Center, IL 61052
      View Details
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    5555 Clark St
    Monroe Center, IL 61052
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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