Great restaurant/bar opportunity in Coal Valley!! This two-story building offers a large dining area, bar, gaming room, updated bathrooms, and full kitchen. There are two 1-bedroom remodeled apartments with new washer/dryer upstairs and units are currently rented month to month. Recent updates include new bar build out, 4 new reach-in coolers, draft beer system, new sinks throughout, new bathrooms, 2 mini splits in dining area, 1 mini split in kitchen, furnace and ductwork, 2 newer water heaters, gutters, new commercial dishwasher, newer deep fryers, prep table, and water treatment system (owned). Walk-in cooler in basement. FF&E included, not warranted. Two car detached garage included in sale. Schedule a showing today! Seller is a licensed real estate agent.
| MLS # | 12571465 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1969 |
| Days On Site | 197 |
| Listing Provided By | Rainmaker Collective - Real Broker, LLC | Pieter Hanson |
| SQ Feet | 3,840 |
|---|---|
| Story(s) | 2 |
| Units | 2 |
| Acreage | 0.44 |
| Cooling | Central Air, Zoned |
|---|
| Roof | Composition |
|---|---|
| Construction Materials | Brick, Block, Frame, Vinyl Siding |
| Electric | Separate Meters |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 4839.68 |
| State | IL |
|---|---|
| County | Rock Island |
| City | Coal Valley |
| Zip Code | 61240 |
| Area | Coal Valley |
| Listing VS Median (in 61240) | |
Price: $265,000 low | high Med: $294,450 sqft: 3,840 low | high Med: 1,603 $ / sqft: $69 low | high Med: $190 On site: 197 low | high Med: 87.5 | |
| State | IL |
|---|---|
| County | Rock Island |
| City | Coal Valley |
| Zip Code | 61240 |
| Area | Coal Valley |
| Listing VS Median (in 61240) | |
Price: $265,000 low | high Med: $294,450 sqft: 3,840 low | high Med: 1,603 $ / sqft: $69 low | high Med: $190 On site: 197 low | high Med: 87.5 | |