8455 E Pine Bluff Road Coal City, IL ^$ 649,900

8455 E Pine Bluff Road

^$ 649,900

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8455 E Pine Bluff Road

Coal City, IL, 60416

^$ 649,900

Studio Baths0.0 Sq 14,000

Monthly Estimate*

^$ 4,319

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8455 E Pine Bluff Road, Coal City, IL 60416 - Image 7

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Studio

Commercial Property for sale in Coal City, IL

for $649,900. This 14,000 square foot building was built in 1997 on a lot size of 3.

This is fully furnished Bar and Restaurant on three acres of land (not currently operating) with multiple POS stations, exterior outdoor space for hospitality and bar service. Setup for live band or DJ space, pool tables, video games, virtual slot machines, etc. This was a family owned bar and restaurant operation under the same management for 17 years. 2021 taxes are 8,787.30. A new fire supression system and security alarm system was recently installed and approved by the county inspectors. The county requires a septic system upgrade in order to approve increased occupancy permit. The sellers have procured bids and estimates from licensed local contractor and will provide concession for work to be done. Sellers are motivated and negotiable. Contact selling agent for in person showings.

Commercial Active

Price

^$ 649,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 8,787

Style

Lot Size

Year Built

1997

Town/City

Coal City

County/Region

Grundy

MLS | Web ID

11917032

Features

General

Cooling Central Air

Year Built 1997

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Taxes Insurance Repairs Roof Scavenger Structure Tax Stops Sewer

Stories 1

Tax Year 2021

County Grundy

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Instut/To Develop

Status Active

Directions I-55 south to exit 240 Lorenzo Rd. Turn right (west) onto Lorenzo road and continue to Goose Lake Township where Lorenzo Rd turns into E Pine Bluff Rd. Left turn into property at 8455 E Pine Bluff

City Coal City

MLS Area Coal City / Diamond

Lot Size Square Feet 87120

Street Name Pine Bluff

Tax Annual Amount 8787

Additional Parcels Y/N Y

Days on Market 187

Standard Status Active

Exterior

Building Area Total 14000

Lot Dimensions 3 ACRES

Lot Size Acres 3

Interior

Street Suffix Road

* Excluded Features

List By

Web Video Realty

Broker

adsthatmove@yahoo.com

Affordability Calculator

$5,052

Per Month

Monthly Principal & Interest: $4,319
Monthly Property Taxes: $732
Monthly Home Insurance: --

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Loan Term

Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Coal City, IL

Average List Price ^$413,300

Percent of Sale Price 36%

About Coal City, IL

9,401 Population

25% Since 2002

^$65,942 Median Income

37.84 Median Age

36% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/29/2024	$649,900	-13.34%	Price Down
3/5/2024	$749,900	-11.78%	Price Down
11/3/2023	$850,000		Listed Price

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8455 E Pine Bluff Road, Coal City, IL, 60416 is a Commercial Property for sale at $649,900 with 14,000 sqft and a lot size of 3. 8455 E Pine Bluff Road is a studio with 0.0 baths and was built in 1997. The property's zip code is 60416 which is in Coal City, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/1/2024.

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8455 E Pine Bluff Road

Commercial Property for sale in Coal City, IL

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