21900 State Route 127, Greenville, IL 62246
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 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.