Coal City IL Real Estate & Commercial for Sale

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.

EXCELLENT LOCATION IN THE HEART OF DOWNTOWN COAL CITY CENTRAL BUSINESS DISTRICT. CONVENIENTLY LOCATED FOR RETAIL STOREFRONT OR OFFICE USE. AVERAGE TRAFFIC COUNT OF 7,000 VEHICLES PER DAY. BUILDING CURRENTLY DIVIDED INTO 3 UNITS: (1) RIGHT FRONT STOREFRONT AREA (2) LEFT FRONT OFFICE AREA, & (3) REAR GARAGE/STORAGE AREA. THE RIGHT FRONT STOREFRONT AREA IS 1,100 SQUARE FEET, NEWER FURNACE & AIR CONDITIONING UNIT, & UPDATED MODERN HALF BATH. THE LEFT FRONT OFFICE AREA IS 600 SQUARE FEET WITH IT OWN FURNACE & AIR CONDITIONING UNIT, UPDATED MODERN HALF BATH, A PRIVATE HALL FROM THE FRONT DOOR, & PRIVATE REAR ENTRANCE. THE REAR GARAGE/STORAGE AREA IS 700 SQUARE FEET WITH A GAS CEILING HEATING UNIT, A ROLL-UP 9' GARAGE DOOR, & ALLEY ACCESS. EACH OF THE 3 UNITS HAS ITS OWN UTILITIES & ELECTRICAL PANEL. BRAND NEW ROOF, AND BOTH FURNACES & AIR CONDITIONING UNITS HAVE RECENTLY BEEN SERVICED.