215 Appleknocker St, Cobden, IL 62920
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
5 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.