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    Property profile & analytics
    OFF-MARKET
    Commercial real estate

    21900 State Route 127, Greenville, IL 62246

    78.53 ac lot Built 1968
    Entity Owned
    Property ID
    US28-2652127
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Twin Oaks LLC
    Twin Oaks LLC
    since 2025
    1 recorded transaction
    2025
    $540,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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