Building Details

Year Built 1950

Listing Agency: SHAWNEE HILLS REAL ESTATE, LLC

Listed By: JAIME WATKINS

Source: Crexi

Added: Aug 20, 2024 Changed: Aug 8 Last Checked: Aug 29 at 10:13AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHAWNEE HILLS REAL ESTATE, LLC

Investment Insights

Based on property information with market context.

This leased retail storefront building offers an income-producing configuration with 5,300 square feet of currently leased property, as described in the provided materials.

The building is located in the heart of Cobden, with Dollar General on one side and Iron Whisk Restaurant on the other. Old Highway 51 runs north and south in front of the building.

For sale information references the property’s income and expenses; interested parties should contact the listing team for additional details.

Key Highlights

• Commercial retail building with 5,300 SF currently leased
• Located in Cobden between Dollar General and the Iron Whisk restaurant
• Old Highway 51 runs north and south in front of the building

Property Analytics

Current Use

Cobden Village Shops Home Decor Store Cobden Village Shops ... Home Decor Store

Suggested Use

Top Pick HVAC Service Storage Facility Real Estate Agency Hair Salon Cafe & Coffee Shop Barber Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

101

Businesses Nearby

5k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,293 visits/mo 0.2 miles

U.S. Bank Shops & Services

1,209 visits/mo 0.1 miles

Demographics for 62920, IL

3,072

Population

1,407

Households

2.2

Avg Household Size

48

Median Age

24%

College-Educated

86%

High-School Grad

70.8 sq mi

ZIP Area

43

Density / Sq Mi

$61,875

Median Household Income

$32,231

Median Earnings

$154,200

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail building is currently leased and positioned between Dollar General and an Iron Whisk restaurant.

Where is this retail space located?

The property is located at 220 S FRONT Street Cobden, IL.

What is the asking price?

The asking price for this property is $235,000.

What are key features of this property?

This property features: Commercial retail building with 5,300 SF currently leased; Located in Cobden between Dollar General and the Iron Whisk restaurant; Old Highway 51 runs north and south in front of the building