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680 S Broadway Street S Coal City, IL 60416 Commercial - Retail Active

  • 680 S Broadway Street S, Coal City, IL 60416 Main Photo

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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
$298,500
Est. $1,966/mo
Active
SQUARE FEET7,088 MLS#12684840
STATUSActive PROPERTY TYPECommercial - Retail

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680 S Broadway Street S, Coal City, IL 60416.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $298,500$298,500$298,500
Down Payment $59,700$10,448$74,625
Monthly Mortgage Amount $1,451$1,781$1,844
Taxes $415$415$415
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$131$0
Monthly Estimated Total $1,966$2,427$2,359

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