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8455 E Pine Bluff Road, Coal City, IL 60416
$595,900
8455 E Pine Bluff Road, Coal City, IL 60416View this property at 8455 E Pine Bluff Road, Coal City, IL 60416
8455 E Pine Bluff RoadCoal CityIL60416
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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
- Price: $595,900
- Taxes: $9,555 (2022)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 11917032
- Updated: 9/12/2024
- Added to Site: 339 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
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Schools
Schools serving 8455 E Pine Bluff Rd
School District:Coal City Community Unit School District 1
Rating | Name | Grades | Distance |
---|---|---|---|
300 N Broadway St, Coal City, IL 60416 | 2-3 | 4 mi | |
305 E Division St, Coal City, IL 60416 | 4-5 | 4.2 mi | |
Coal City Early Childhood Center
755 S Carbon Hill Rd, Coal City, IL 60416 | PK-1 | 5.4 mi | |
500 S Carbon Hill Rd, Coal City, IL 60416 | 6-8 | 5.2 mi | |
655 W Division St, Coal City, IL 60416 | 9-12 | 4.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
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
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
209.09%
MLS
10/20/2005
Sold
$275,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 8455 E Pine Bluff Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,557
9%
$187,463
8%
2021
$8,787
—
$173,577
4%
2021
$8,787
3%
$166,917
6%
2020
$8,490
13%
$157,916
6%
2018
$7,532
3%
$148,665
3%
2017
$7,345
9%
$143,972
8%
2016
$6,755
2%
$133,903
1%
2015
$6,623
4%
$133,051
1%
2014
$6,338
-3%
$131,655
-3%
2013
$6,543
-1%
$136,430
-3%
2012
$6,605
—
$140,160
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 8455 E Pine Bluff Rd
8455 E Pine Bluff Road, Coal City, IL 60416 (MLS# 11917032) is a Commercial property. 8455 E Pine Bluff Road is currently listed for $595,900 and was received on November 01, 2023. 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.