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    220 Front St Cobden, IL 62920

    Sponsored
    For Sale
    $240,000

    Prime Cobden location, 5,318 sq ft, leased.

    Property size:
    5,318 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 220 S Front Street in Cobden, Illinois, presents a compelling investment opportunity. Boasting 5,318 square feet of space, the building is currently leased, offering immediate income potential. Its strategic location in the heart of Cobden ensures high visibility and accessibility. Situated between Dollar General and the Iron Whisk Restaurant, the property benefits from significant foot and vehicular traffic. The building sits directly on Old Highway 51, a major north-south thoroughfare, further enhancing its exposure. The 0.52-acre lot provides ample space for potential expansion or outdoor uses. This property is ideal for investors seeking a stable, income-generating asset in a thriving commercial area. Detailed financial information regarding income and expenses is available upon request. Don't miss this chance to acquire a well-positioned commercial building in a desirable location. Contact us today to learn more about this exceptional business opportunity. Serious inquiries only.

    Property Features for 220 Front St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,318 SF
    Lot Size
    22,651 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Cobden Village Shops Antique Store Cobden Village Shops ... Antique Store

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Cobden
    County
    Union
    State
    Illinois
    Longitude
    -89.25334
    Latitude
    37.53116

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Cobden location, 5,318 sq ft, leased.
    Where is this commercial real estate located?
    The property is located at 220 Front St Cobden, IL.
    What is the asking price?
    The asking price for this property is $240,000.
    Request Owner's contact information
    220 Front St Cobden, IL 62920
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    Cobden, IL 62920
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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
    220 Front St Cobden, IL 62920
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