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    Property profile & analytics

    215 Appleknocker St Cobden, IL 62920

    • Commercial real estate
    For Sale
    View listing
    $120,000
    Value Estimation
    Location Intelligence
    Property ID
    US28-5063362
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 215 Appleknocker St

    Year built
    1896
    Property type
    Commercial real estate

    Description

    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.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cobden
    County
    Union
    State
    Illinois
    Longitude
    -89.2548824
    Latitude
    37.5344489

    Comparable in this City

    • $250,000

      Prime Retail & Apartments in Anna, IL

      High-Income Potential, TIF District
      4575 State Rte 146 Hwy, Makanda, IL 62920
      View Details
    • $240,000

      Cobden Commercial Land Investment

      Prime Cobden Retail Property, High Traffic
      220 Front St, Cobden, IL 62920
      View Details
    • $169,600
      21.20 Acres

      Cobden, IL Land Opportunity

      21.2 acres in the heart of Southern Illinois wine trail.
      Wing Hill Rd, Cobden, IL 62920
      View Details
    • $98,700
      2,040 SF

      Cobden Restaurant - Turnkey Opportunity

      Established pizzeria, fully equipped, high potential.
      215 Appleknocker St, Cobden, IL 62920
      View Details
    • $240,000
      5,318 SF

      Cobden Commercial Building - High Traffic

      Prime Cobden location, 5,318 sq ft, leased.
      220 Front St, Cobden, IL 62920
      View Details

    Similar Nearby for Sale

    • $250,000

      Prime Retail & Apartments in Anna, IL

      High-Income Potential, TIF District
      4575 State Rte 146 Hwy, Makanda, IL 62920
      View Details
    • $240,000

      Cobden Commercial Land Investment

      Prime Cobden Retail Property, High Traffic
      220 Front St, Cobden, IL 62920
      View Details
    • $169,600
      21.20 Acres

      Cobden, IL Land Opportunity

      21.2 acres in the heart of Southern Illinois wine trail.
      Wing Hill Rd, Cobden, IL 62920
      View Details
    • $98,700
      2,040 SF

      Cobden Restaurant - Turnkey Opportunity

      Established pizzeria, fully equipped, high potential.
      215 Appleknocker St, Cobden, IL 62920
      View Details
    • $240,000
      5,318 SF

      Cobden Commercial Building - High Traffic

      Prime Cobden location, 5,318 sq ft, leased.
      220 Front St, Cobden, IL 62920
      View Details
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    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
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