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    215 Appleknocker St Cobden, IL 62920

    Sponsored
    For Sale
    $120,000

    Established Restaurant, Prime Location, Southern Illinois

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional turnkey restaurant opportunity in Cobden, Illinois, presents a unique chance to own a fully equipped commercial space. Located at 215 N Appleknocker Street, this property boasts a prime location in Union County, ready to welcome new culinary ventures. Built in 1896, the building offers a substantial 820 square feet of kitchen space, perfectly equipped for immediate operation. The kitchen includes a Blodgett pizza oven and a chrome top flattop grill, along with freezers and workstations, ensuring a smooth transition for any restaurateur. Beyond the kitchen, the restaurant features over 940 square feet of front-of-house space, providing ample room for seating and customer service. Adding to its appeal is an outdoor patio area on the north side, offering additional seating potential and enhancing the overall dining experience. The asking price for this fully equipped restaurant is $120,000. This property is zoned for commercial and restaurant use and presents a rare opportunity to establish or expand a successful food service business in a vibrant community. The building is ready for immediate occupancy, allowing for a quick start to your culinary endeavors. Don't miss this chance to own a thriving restaurant in Southern Illinois.

    Property Features for 215 Appleknocker St

    General Information

    Property type
    Restaurants

    Building Details

    Year Built
    1896
    Buildings
    1

    HighLights

    • $120,000 asking price.
    • Land and retail property in Cobden, IL.
    • 1896 building, one structure.
    • 820 sq ft kitchen, 940 sq ft dining area, plus outdoor patio.
    • Includes existing pizza oven, flattop grill, kitchen equipment, freezers, and seating.
    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
    -89.2548824
    Latitude
    37.5344489

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    Nearby Similar for Sale

    • $98,700
      2,040 SF

      Cobden Restaurant - Turnkey Opportunity

      Established pizzeria, fully equipped, high potential.
      215 Appleknocker St, Cobden, IL 62920
      View Details
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      Cobden Commercial Building - High Traffic

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      View Details

    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Prime Location, Southern Illinois
    Where is this restaurant located?
    The property is located at 215 Appleknocker St Cobden, IL.
    What is the asking price?
    The asking price for this property is $120,000.
    What are key features of this property?
    This property features: $120,000 asking price.; Land and retail property in Cobden, IL.; 1896 building, one structure.
    Request Owner's contact information
    215 Appleknocker St 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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