Property summary
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
VerifiedCap rate & NOI
Current use
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Home Decor Store (Bike/Boat/Book/etc) Store
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Home Decor Store (Bike/Boat/Book/etc) Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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