Property profile

220 Front St Cobden, IL 62920

OFF-MARKET
Retail properties & Spaces
Built 1950
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Property summary

AI-generated overview

This exceptional commercial property presents a lucrative investment opportunity in the thriving town of Cobden, Illinois. Located at 220 S FRONT Street, this 5300 square foot parcel boasts a prime location, nestled between Dollar General and the Iron Whisk Restaurant, ensuring high visibility and foot traffic. The property includes a single building constructed in 1950, currently leased, generating income. The strategic positioning on Old Highway 51, a major north-south thoroughfare, further enhances its accessibility and appeal to potential customers. This land and retail property offers significant potential for growth and return on investment. Detailed financial information regarding income and expenses is available upon request. The property's address is 220 S FRONT Street, Cobden, IL 62920. This is a rare chance to acquire a well-established commercial property in a desirable location with strong existing tenancy. The asking price for this exceptional opportunity is $240,000. Don't miss out on this chance to own a piece of Cobden's vibrant commercial landscape.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1950

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Home Decor Store (Bike/Boat/Book/etc) Store
  • Home Decor Store (Bike/Boat/Book/etc) Store

Location

220 Front St Cobden, IL 62920
Cobden metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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