Description for
8455 E Pine Bluff RoadCoal City, IL 60416
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.
Price
$649,900
Grundy
14,000 (approx)
11917032
Active
Description
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.
Listing Information
Property Type: Business Opportunities, 1 Story
3 Acres
14,000 (approx)
1997
1
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
3 ACRES
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.
Financial Considerations
0613100001
$8,787
Listing Price History
Coal City Real Estate
Coal City is located in Illinois.
Coal City, Illinois 60416 has a population of 5,740.
The median household income in Coal City, Illinois 60416 is
$77,069.
The median household income for the surrounding county is $79,417
compared to the national median of $66,222.
The median age of people living in Coal City 60416 is 39 years.
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