920 Kratzinger Hollow Rd, Cobden, IL 62920

$750,000

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List Price
$750,000
Days on Market
1
MLS#
26064178
Status
ACTIVE
Lot Size
3,484,800
Acres
80
Subdivision
none
County
Union
Listing Type
Commercial

Property Description

Rarely does a property come along that offers the combination of commercial opportunity, history, natural resources, and recreational potential found on this 80+/- acre tract just outside Cobden, Illinois. The centerpiece of the property is the approximately 10,000-square-foot restaurant and banquet facility, formerly home to "The Blue Boar," a well-known restaurant that operated for many years. The building offers an impressive setup for a restaurant, event venue, banquet hall, or a variety of other commercial uses. The restaurant area features a built-in bar, commercial kitchen, office space, and a hangout area. The adjoining banquet hall provides even more flexibility, with a second built-in bar, balcony overlooking the hall, and an additional room at the top of the stairs that could serve as a meeting room, private dining area, office, or whatever best fits your vision. One of the most unique features of the property is the natural spring located on the property, known as the Jonesboro Water Source.The spring runs continuously and maintains a remarkably consistent temperature throughout the year, adding a truly special natural feature and potential opportunity to an already unique property. Outside of the buildings, the property consists of approximately 80 acres of mostly wooded ground, providing privacy, recreational opportunities, and an abundance of natural beauty. There are two ponds on the property, along with an old cabin and homestead tucked back in the woods. Power has been ran back to the cabin area, offering additional potential for someone looking to restore or utilize this historic portion of the property. Whether you're looking to bring a former restaurant and event venue back to life, create a private retreat, develop an event destination, or simply own a large and unique tract of Southern Illinois timber, this property offers opportunities that are extremely difficult to find in one package. Located just outside Cobden, Illinois, this is a property with a story, unique natural features, substantial improvements, and tremendous potential for its next owner.

Additional Information

Selling Terms
Cash, Conventional

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Listing courtesy of The Whitetail Connection LLC.

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