Natalie Luchsinger
Description
Exceptional commercial opportunity in the heart of Downtown Coal City! This impressive 7,088 square foot all-brick storefront building offers outstanding flexibility for investors, business owners, and entrepreneurs alike. Featuring three separate glass-front entrances, the property provides the potential to accommodate multiple tenants, individual business suites, or one large retail or office operation. The expansive interior offers endless possibilities with a layout that can be configured for professional office space, retail storefronts, service businesses, showroom space, or an open-concept commercial environment. Large storefront windows provide excellent visibility and natural light, creating an inviting atmosphere for customers and clients. Major improvements include a new roof completed in 2024, providing added value and peace of mind for years to come. Located in the center of Coal City's thriving downtown business district, this high-visibility location benefits from strong local traffic, established neighboring businesses, and convenient access for customers and employees. Whether you're looking to expand your business, generate rental income, or redevelop a prime commercial property, this versatile downtown building presents a rare opportunity with unlimited potential.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1890
General Information
County: Grundy
Listed By:
Coldwell Banker Real Estate Group
815-942-2705
MRED MLS
MLS ID: 12684840
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680 S Broadway Street S, Coal City, IL 60416.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $298,500 | $298,500 | $298,500 |
| Down Payment | $59,700 | $10,448 | $74,625 |
| Monthly Mortgage Amount | $1,629 | $1,975 | $1,966 |
| Taxes | $415 | $415 | $415 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $131 | $0 |
| Monthly Estimated Total | $2,144 | $2,621 | $2,481 |
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