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    2801 Putter Dr Centralia, IL 62801

    Sponsored
    For Sale
    $2,900,000

    146-Acre Golf Course, Restaurant, Banquet Hall

    Property size:
    6,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional investment opportunity presents a thriving 18-hole golf course situated on over 146 acres in Centralia, Illinois. The property includes a recently updated 6,400 square foot pro shop, complete with a restaurant and bar, offering stunning lakeside views overlooking the 18th green. Perfect for casual dining or post-round gatherings, this area provides a relaxed and enjoyable atmosphere. Further enhancing the property's versatility is the 3,600 square foot McKenna banquet hall, a spacious venue suitable for hosting a variety of events, from corporate tournaments and weddings to private receptions. Significant course improvements were undertaken in 2000, including the installation of zoysia grass and other upgrades, ensuring the course remains in excellent condition. Established as Greenview Golf Club, this property boasts a strong reputation and significant potential for future development and growth, making it an attractive proposition for discerning investors seeking a profitable venture in the hospitality and leisure sectors. The substantial acreage provides ample room for potential expansion or diversification of the existing business model. The property's location in Centralia, Illinois, offers convenient access to local amenities and a strong regional market. This is a rare opportunity to acquire a well-established and profitable golf course with significant upside potential.

    Property Features for 2801 Putter Dr

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,400 SF
    Lot Size
    6,359,760 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Spa & Massage Hair Salon Nail Salon Daycare Center Kitchen & Bath HVAC Service Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Centralia
    County
    Marion
    State
    Illinois
    Longitude
    -89.13159
    Latitude
    38.48713

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    FAQs

    What type of property is this?
    Commercial real estate - 146-Acre Golf Course, Restaurant, Banquet Hall
    Where is this commercial real estate located?
    The property is located at 2801 Putter Dr Centralia, IL.
    What is the asking price?
    The asking price for this property is $2,900,000.
    Request Owner's contact information
    2801 Putter Dr Centralia, IL 62801
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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
    2801 Putter Dr Centralia, IL 62801
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