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Coal City, IL 60416 Commercial - Office Active

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Description

Great Investment Property OR Perfect for your business with two rentals for positive cash flow. 4550 sq. ft. all brick commercial building in Coal City with three separate rental units. Unit #1 - 4 E. North St is 2,070 sq.ft. vacant office. Can be split into two separate rental units. Unit #2 - 8 E. North St. 1,200 sq, ft. leased to The Beauty Bar Salon and Spa. Unit #3 - 12 E. North St 1,200 sq.ft. leased to Edward Jones Financial. Great Visibility. Just blocks from downtown Coal City. Substantial private lighted parking lot. Two lighted marquees. Access on Broadway St and North St, a highly traveled road between Rt. 113 and Goose Lake area. Easy access to I-55 interchange via Rt. 113. Neighbors include My Eye doctor, Weber-Micetich Chiropractor, The Beauty Bar Salon & Spa, Edward Jones Financial, residential houses, duplexes and apartments. Building consists of three separate condo units and can be split, three separate tax bills. Priced below appraised value. Call L/A for details.

Property Highlights

Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 2005

General Information

County: Grundy
Listed By:
Advantage Realty, Inc. 815-942-5252
MRED MLS
$525,000
Est. $3,335/mo
Active
SQUARE FEET4,550 MLS#12548469
STATUSActive PROPERTY TYPECommercial - Office

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Please Call For Address, Coal City, IL 60416.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $525,000$525,000$525,000
Down Payment $105,000$18,375$131,250
Monthly Mortgage Amount $2,451$3,008$3,191
Taxes $731$731$731
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$231$0
Monthly Estimated Total $3,335$4,123$4,075

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