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    2211 640Th Pl Ursa, IL 62376

    Sponsored
    For Sale
    $799,000

    Mississippi River Valley Estate Winery, Event Space Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    340
    This exceptional 9.31-acre property in Ursa, Illinois, presents a unique investment opportunity. Currently operating as a highly successful winery, Spirit Knob boasts over 200 awards and ranks among the top 25 wineries in Illinois. The main building offers 3,629 square feet above grade, including a small private office, kitchen, loft, and two half-baths. A spacious 2,865-square-foot walkout basement features an overhead door, walk-in coolers, a bottling facility, and a lab, along with a third half-bath. A 24x80 metal outbuilding provides ample equipment storage. The property enjoys stunning bluff views overlooking the Mississippi River Valley, enhanced by seasonal outdoor vignettes and a stone fireplace. Its versatility extends beyond wine production

    Property Features for 2211 640Th Pl

    General Information

    Property type
    Investment properties
    Lot Size
    405,544 SF

    Building Details

    Year Built
    2007
    Property Profile Location Intelligence

    Current Use by Public Records

    Spirit Knob Winery Winery

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Garden Center Wine and Liquor Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ursa
    County
    Adams
    State
    Illinois
    Longitude
    -91.39373
    Latitude
    40.08398

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    FAQs

    What type of property is this?
    Investment property - Mississippi River Valley Estate Winery, Event Space Potential
    Where is this investment property located?
    The property is located at 2211 640Th Pl Ursa, IL.
    What is the asking price?
    The asking price for this property is $799,000.
    (217) 223-8851
    Request Owner's contact information
    2211 640Th Pl Ursa, IL 62376
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    Ursa, IL 62376
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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
    2211 640Th Pl Ursa, IL 62376
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