Property profile

21900 State Route 127 Greenville, IL 62246

OFF-MARKET
Commercial real estate
Property ID
US28-2652127
78.53 ac lot Built 1968
Entity Owned
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully operational 9-hole golf course situated on approximately 78.53 acres in Greenville, Illinois, at 21900 State Route 127. The course itself boasts a diverse and challenging layout, incorporating tree lines, ponds, and rolling hills, creating a picturesque and enjoyable golfing experience. The property includes a well-maintained clubhouse featuring a bar and a small kitchen, perfect for catering to golfers and hosting events. A covered patio and porch provide additional outdoor space for relaxation and socializing. A substantial 40x60 foot shed offers ample storage for all golf course equipment. The existing equipment is available for negotiation with the sale, while the golf carts are currently leased. This turnkey operation presents a unique opportunity for an investor seeking a profitable venture in the recreational industry. The substantial acreage offers potential for expansion or development, adding further value to this already attractive property. The asking price for this established golf course is $1,100,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1968
Lot 78.53 ac (3,420,767 SF)
UPID US28-2652127

Cap rate & NOI

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

Location

21900 State Route 127 Greenville, IL 62246
Greenville metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

since 2025
Last sale
$540,000
1 recorded transaction
2025
$540,000

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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