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$535,000
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Property Description
AND NOW OFFERED WITH OWNER FINANCING!!! 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.
Full Property Details
Full Property Details for 8455 E Pine Bluff Rd
General
- Sold For: $535,000
- Taxes: $9,555 (2022)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11917032
- Added to Site: 843 day(s) ago
Additional Information
- Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s)
Parking
- Parking Features: 31 to 50 Spaces
Location
- Area: Coal City / Diamond
- County: Grundy
- Driving 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 Rd.
- Location Details: Far West
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat, Central Heat/Individual Controls
Structural Information
- Stories/Levels: 1
- Square Feet: 14,000
- Year Built: 1997
Lot Features
- Lot Size (Acres): 3
- Lot Size (Sq. Ft.): 87,120
- Lot Dimensions: 3 ACRES
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1997
- Tax Amount: $9,555
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Tax Stops, Sewer
Disclosures and Reports
- Property ID: 613100001
Listed by WEB VIDEO Realty
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Schools
Schools serving 8455 E Pine Bluff Rd
School District:Coal City Community Unit School District 1
| Name | Grades | Distance |
|---|---|---|
Coal City Elementary School 300 North Broadway Street, Coal City, IL 60416 | 2-3 | 4 mi |
Coal City Intermediate School 305 East Division Street, Coal City, IL 60416 | 4-5 | 4.2 mi |
Coal City Early Childhood Center 755 South Carbon Hill Road, Coal City, IL 60416 | PK-1 | 5.4 mi |
Coal City Middle School 500 South Carbon Hill Road, Coal City, IL 60416 | 6-8 | 5.2 mi |
Coal City High School 655 West Division Street, Coal City, IL 60416 | 9-12 | 4.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8455 E Pine Bluff Rd
Date
Details
Price
Change
Source
1/14/2025
Sold
$535,000
-10.22%
MLS
9/06/2024
Price Reduced
$595,900
-8.31%
MLS
4/29/2024
Price Reduced
$649,900
-13.34%
MLS
3/05/2024
Price Reduced
$749,900
-11.78%
MLS
11/01/2023
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8455 E Pine Bluff Road, Coal City, IL 60416 (MLS# 11917032) is a Commercial property that was sold at $535,000 on January 14, 2025. Want to learn more about 8455 E Pine Bluff Road? Do you have questions about finding other Commercial real estate for sale in Coal City? You can browse all Coal City real estate or contact a Coldwell Banker agent to request more information.


