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    215 Appleknocker St Cobden, IL 62920

    Sponsored
    For Sale
    $98,700

    Established pizzeria, fully equipped, high potential.

    Property size:
    2,040 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property at 215 N Appleknocker Street, Cobden, Illinois, presents a unique opportunity for a restaurant owner. The 2,040 square foot building sits on a 0.12-acre lot and is currently configured as a pizzeria, complete with a fully operational kitchen. The kitchen, boasting over 820 square feet, includes a Blodgett pizza oven and a chrome top flattop grill, along with ample refrigeration and workspace. The front-of-house area exceeds 940 square feet, providing ample space for seating and customer service. All existing equipment is included in the sale, making this a truly turnkey operation. The building's layout is designed for efficiency and ease of operation, with a well-planned flow between the kitchen and dining areas. Adding to its appeal is an outdoor patio area on the north side, offering additional seating capacity and enhancing the overall dining experience. Priced at $98,700, this property represents a significant value for an established business or a new venture looking to capitalize on the demand for dining options in Union County. The location is ideal, and the existing infrastructure provides a solid foundation for immediate success. Don't miss this chance to own a thriving restaurant in Southern Illinois.

    Property Features for 215 Appleknocker St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,040 SF
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1896
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -89.25489
    Latitude
    37.53443

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Commercial real estate - Established pizzeria, fully equipped, high potential.
    Where is this commercial real estate located?
    The property is located at 215 Appleknocker St Cobden, IL.
    What is the asking price?
    The asking price for this property is $98,700.
    Request Owner's contact information
    215 Appleknocker 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
    215 Appleknocker St Cobden, IL 62920
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