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$285,000
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Property Description
This unique opportunity of owning both a business and generating rental income is ready for its next owners!! Currently set up as a full service sit-down restaurant in the front portion of the building, it also boasts five efficiency apartments in the back of the building - the opportunities are endless!! It sits on a high traffic area in Buckley right on Rt 45, with quick access to interstate 57 - potential to draw customers from both Champaign-Urbana and the Chicago area. Check this opportunity out before it's too late!!
Full Property Details
Full Property Details for 310 S Railroad Ave
General
- Sold For: $285,000
- Taxes: $4,374 (2023)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 12119103
- Added to Site: 501 day(s) ago
Additional Information
- Security/Safety: Smoke or Fire Protectors
Parking
- Parking Features: 51 to 100 Spaces
Location
- Area: Buckley
- County: Iroquois
- Driving Directions: RT US 45 INTO BUCKLEY TO THE SOUTH ON THE EAST SIDE PEGGY SUE RESTAURANT SIGN AT ROADWAY
- Location Details: Central Illinois, Corner
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Central Heat/Individual Controls
Utilities
- Onsite: Private Septic System, Municipal Water
Structural Information
- Construction: Brick, Block
- Exterior Const.: Vinyl Siding, Brick
- Foundation: Block, Concrete Perimeter
- Roof: Composition
- Drive-In Doors: 2
- Stories/Levels: 1
- Square Feet: 3,884
- Current Bldg. Use: Multi-Family, Other, Single-Room Occupancy
- Year Built: 1962
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.76
- Lot Size (Sq. Ft.): 33,000
- Lot Dimensions: 200 x 165
- Frontage: US Highway
- Potential Use: Commercial, Multi-Family
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 1962
- Tax Amount: $4,374
- Tax Year: 2023
Listed by eXp Realty,LLC-Maho
Sold by eXp Realty,LLC-Maho
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Schools
Schools serving 310 S Railroad Ave
School District:Paxton-Buckley-Loda Community Unit School District 10
| Name | Grades | Distance |
|---|---|---|
Clara Peterson Elementary School PO Box 50, Paxton, IL 60957 | PK-5 | 10.1 mi |
Paxton-Buckley-Loda Jr High School PO Box 50, Paxton, IL 60957 | 6-8 | 9.8 mi |
Paxton-Buckley-Loda High School PO Box 50, Paxton, IL 60957 | 9-12 | 9.9 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 310 S Railroad Ave
Date
Details
Price
Change
Source
11/07/2024
Sold
$285,000
-9.52%
MLS
9/03/2024
Listed
$315,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
310 S Railroad Avenue, Paxton, IL 60918 (MLS# 12119103) is a Commercial property that was sold at $285,000 on November 07, 2024. Want to learn more about 310 S Railroad Avenue? Do you have questions about finding other Commercial real estate for sale in Paxton? You can browse all Paxton real estate or contact a Coldwell Banker agent to request more information.

