Property profile

7 Main St Pinckneyville, IL 62274

OFF-MARKET
Commercial real estate
Property ID
US28-4693947
Individually Owned 2-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 1,478 square foot commercial property, located at 7 N Main Street in the heart of Pinckneyville, Illinois, presents a fantastic opportunity for a variety of businesses. Situated on the town's original square, this building boasts excellent visibility and accessibility, with convenient front access from N Main Street and rear access from N Walnut Street. Previously utilized as a restaurant, the property is easily adaptable to suit diverse commercial needs. The spacious interior includes a large dining area, a well-equipped kitchen, and two bathrooms, providing ample space for operations. A significant advantage is the inclusion of a walk-in cooler, a valuable asset for food service or other businesses requiring cold storage. The building's front entry provides a welcoming and accessible point of entry for customers. The asking price of $95,000 represents a compelling investment opportunity in a desirable downtown location. This property offers a blend of functionality and prime location, making it an ideal choice for entrepreneurs seeking a well-established space to launch or expand their business. The property sits on a lot with zero acres.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
APN 2530670170
UPID US28-4693947

Cap rate & NOI

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

Location

7 Main St Pinckneyville, IL 62274-1153
Pinckneyville metro Census 30200
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$50k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$50k

Owner & transaction history

since 2024
Last sale
$51,000
2 recorded transactions
2024
Price N/A
2007
$51,000

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message