Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    Old Hwy 51 Cobden, IL 62920

    • Commercial real estate
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US28-5053015
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for Old Hwy 51

    Lot size
    0.13 lot acres
    Property type
    Commercial real estate
    APN
    04-30-02-671
    APU
    43002671

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cobden
    County
    Union
    State
    Illinois
    Longitude
    -89.2577
    Latitude
    37.5345

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $522
    $2,400
    $6,340
    $8,740
    -
    $7,200
    $19,020
    $26,220

    Comparable in this City

    • Value Estimation by Request
      2,040 SF

      215 Appleknocker St

      Commercial real estate • 2,040 SF
      215 Appleknocker St, Cobden, IL 62920
      View Details
    • Value Estimation by Request

      4575 State Rte 146 Hwy

      Retail properties
      4575 State Rte 146 Hwy, Makanda, IL 62920
      View Details
    • Value Estimation by Request
      11,136 SF

      8595 Us Highway 51

      Commercial real estate • 11,136 SF
      8595 Us Highway 51, Cobden, IL 62920
      View Details
    • Value Estimation by Request

      4575 State Rte 146 Hwy

      Retail properties
      4575 State Rte 146 Hwy, Makanda, IL 62920
      View Details
    • Value Estimation by Request

      311 Ash St

      COMMERCIAL (GENERAL)
      311 Ash St, Cobden, IL 62920-2405
      View Details
    • Value Estimation by Request

      920 Kratzinger Hollow Rd

      Restaurants
      920 Kratzinger Hollow Rd, Cobden, IL 62920
      View Details

    Similar Nearby for Sale

    • $250,000

      Prime Retail & Apartments in Anna, IL

      High-Income Potential, TIF District
      4575 State Rte 146 Hwy, Makanda, IL 62920
      View Details
    • $98,700
      2,040 SF

      Cobden Restaurant - Turnkey Opportunity

      Established pizzeria, fully equipped, high potential.
      215 Appleknocker St, Cobden, IL 62920
      View Details
    • $240,000
      5,318 SF

      Cobden Commercial Building - High Traffic

      Prime Cobden location, 5,318 sq ft, leased.
      220 Front St, Cobden, IL 62920
      View Details
    • $240,000

      Cobden Commercial Land Investment

      Prime Cobden Retail Property, High Traffic
      220 Front St, Cobden, IL 62920
      View Details
    • $120,000

      Cobden Restaurant - Turnkey Opportunity

      Established Restaurant, Prime Location, Southern Illinois
      215 Appleknocker St, Cobden, IL 62920
      View Details
    • $169,600
      21.20 Acres

      Cobden, IL Land Opportunity

      21.2 acres in the heart of Southern Illinois wine trail.
      Wing Hill Rd, Cobden, IL 62920
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Old Hwy 51
    Cobden, IL 62920
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.