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Listing provided courtesy of Advantage Realty, Inc.MREDas Distributed by MLSGrid- MLS# 12548469MLS Provider

Coal City, IL 60416

Commercial · 4,550 Sq. ft.
$525,000 Active

Overview

Time on Site:
165 days
Visits:
0

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.

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Facts & Features

  • Type Commercial
  • Sq. ft. 4,550
  • Price/Sq.ft. $115

Details

General

Income/Expenses

  • Gross Income: 49830
  • Gross Scheduled Income: 49830
  • Net Operating Income: 33452
  • Operating Expense: 16377

Building Information

  • Year Built: 2005

Business Information

  • Current Use: Commercial,Office,Development,Medical/Dental

Location/Region

  • County Or Parish: Grundy
  • MLS Area Major: Coal City / Diamond
  • Township: Felix

Rent/Lease Information

  • Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Sewer, Varies by Tenant

Tax Information

  • Tax Annual Amount: $8,426.45
  • Tax Year: 2024

General Information

  • Parcel Number: 0635154009
  • Possible Use: Commercial,Office,Other
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Interior

  • Building Area Total: 4550

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Tile, Varies, Vinyl
  • Foundation Details: Concrete Perimeter
  • Leasable Area: 2070
  • Stories: 1

Unit Information

  • Unit SqFt.: 4550

Exterior

Lot Information

  • Additional Parcels: Yes
  • Frontage Type: City Street,Public Road,Township Road
  • Lot Size Dimensions: 35 X 130
  • Lot Size Square Feet: 4550

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Number Of Units Total: 3

Neighborhood

Community

60416 (Coal City) Demographics

39
Median Age
389
Population Density (per sq. mile)
32%
College Educated
$69,227
Estimated Median Income
2,870
Estimated Total Home Owners
880
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

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$ %
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$
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$369,460
Average List Price
$201
Average Price per Square Foot
8
Properties Sold
52
Average Days on Market
25
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
1/20/2026Source: MRED Status Change
Active
1/15/2026Source: MRED Added to Database
January 15, 2026