920 Kratzinger Hollow Rd, Cobden, IL 62920
This exceptional investment opportunity presents a thriving restaurant and event venue nestled on a spacious lot in Cobden, Illinois. The property boasts two buildings totaling over 10,000 square feet, offering ample space for diverse operations. The main restaurant building encompasses 4400 square feet, featuring a fully equipped kitchen, bar area, and inviting indoor and outdoor dining spaces. The sophisticated décor creates a memorable atmosphere for patrons. A separate 5778 square-foot event venue provides additional revenue streams. This space includes a bar, two bathrooms, a loft area, and expansive outdoor patios. A unique feature is a private bar with exquisite ceramic tile and wood finishes, along with its own bathroom. The property also includes gaming machines, adding another layer of income potential. Built in 1998, this established business is situated on a secluded lot in Union County, offering privacy and potential for future expansion or diversification. The property's location at 920 Kratzinger Hollow Road, Cobden, IL 62920, provides easy access while maintaining a tranquil setting. This turnkey operation presents a rare chance to acquire a well-established and profitable business with significant growth potential. The asking price is $999,999.
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Blue Boar Restaurant & Bar Catering Service Take-out & Catering
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
No recorded transactions found for this property.
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.