Technical
Financial
Distress signals
Property profile

620 E Main St Galatia, IL 62935

FOR SALE
Commercial real estate
Property ID
US28-4424080
Individually Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional business opportunity presents a fully operational restaurant and land located at 620 E Main Street, Galatia, Illinois, 62935. Priced at $150,000, this turnkey operation, known as Kelly's Kitchen, offers a cozy and inviting atmosphere perfect for family gatherings. The sale includes all existing equipment and high-quality finishes, eliminating the need for significant upfront investment. The property is classified as both commercial and restaurant land, providing flexibility for future expansion or adaptation. The restaurant boasts a menu featuring a variety of homemade dishes prepared from scratch, establishing a strong foundation for continued success. Situated in Saline County, Illinois, this property benefits from a convenient location on East Main Street. The precise coordinates are 37.8401207 latitude and -88.60279 longitude. This is an ideal opportunity for an experienced restaurateur or a first-time business owner seeking a ready-made establishment with established customer base and proven recipes. The sale includes the land, building, and all existing restaurant equipment. Don't miss this chance to own a thriving business in a desirable location.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 05-2-082-10
UPID US28-4424080

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

620 E Main St Galatia, IL 62935
Galatia metro Census 955700 HARRISBURG, IL MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2025
4 recorded transactions
2025
Price N/A
2011
Price N/A
2009
Price N/A
2007
$80,000

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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