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    Property profile & analytics

    Barry, IL 62312

    • Turn key restaurants
    • 2,414 SF
    • 0.09 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-4468110
    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

    • Turn key restaurants

    Property Details

    Year built
    1920
    Lot size
    0.09 lot acres
    Property size
    2,414 SF
    Property type
    Turn key restaurants
    APN
    4607412
    APU
    4607412

    Value Estimation

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

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Barry
    County
    Pike
    State
    Illinois
    Longitude
    -91.0409
    Latitude
    39.6948

    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
    $919
    $3,080
    $8,580
    $11,660
    -
    $9,249
    $25,766
    $35,015

    Comparable in this City

    • Value Estimation
      $40,000
      6,480 SF

      717 Mortimer St

      RESTAURANT • 6,480 SF
      717 Mortimer St, Barry, IL 62312-1246
      View Details
    • Value Estimation by Request
      2,306 SF

      Barry, IL 62312

      BAR, TAVERN • 2,306 SF
      Barry, IL 62312
      View Details
    • Value Estimation
      $385,000
      2,898 SF

      Barry, IL 62312

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,898 SF
      Barry, IL 62312
      View Details
    • Value Estimation by Request
      4,860 SF

      Barry, IL 62312

      RETAIL STORES (PERSONAL SERVICES) • 4,860 SF
      Barry, IL 62312
      View Details
    • Value Estimation by Request
      3,385 SF

      Barry, IL 62312

      RETAIL STORES (PERSONAL SERVICES) • 3,385 SF
      Barry, IL 62312
      View Details
    • Value Estimation by Request
      6,060 SF

      Barry, IL 62312

      SERVICE STATION (FULL SERVICE) • 6,060 SF
      Barry, IL 62312
      View Details

    Similar Nearby for Sale

    • $61,000

      Barry, IL Commercial Property

      Commercial property with storefronts and apartment potential in Barry, IL.
      725 Bainbridge St, Barry, IL 62312
      View Details
    • $595,000
      12.55 Acres

      I-72 & Route 4 Commercial Land

      Prime Illinois Commercial Land, $595,000
      I-72 Rte 4, Barry, IL 62312
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    • New
      $500,000

      Hotel with Business Booster Program

      Hotel with 24 guest rooms and potential business incentives.
      142 Smith St, Barry, IL 62312
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    • $44,900
      1,080 SF

      Historic Barry Commercial Building

      1080 sq ft, charming, AS-IS
      853 Main St, Barry, IL 62312
      View Details
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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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