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119 N Coal Street Colchester, IL 62326 • Commercial - Business • New

  • 119 N Coal Street , Colchester, IL 62326 Main Photo

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Description

Submit Offers via Auction dot com or via Listing Agent. Sharp Red Brick Commercial Corner In The Heart Of Downtown Colchester! This Classic Two-Story Building Offers 2,000 Total Square Feet With Endless Possibilities. The Main Level Is A Former Restaurant Space, Ready For Your Cafe, Eatery, Retail Shop, Office, Or Other Small Business. Upstairs, A Nice 1,000 Square Foot Studio Living Space Has Its Own Private Exterior Entrance And A Great View Over Downtown. Live Above Your Business, Rent The Studio For Extra Income, Or Lease Both Spaces Separately. The Corner Location Gives You Great Visibility And Timeless Main Street Character Dating Back To 1900. Easy Access To US-136 Puts You Just A Short Drive From Macomb And Western Illinois University. Annual Taxes Are Very Low At Just $720 (2025). It's A Great Opportunity For Entrepreneurs And Investors Alike. Exterior showing (curb viewing) only. NO inside showings available, no more inside pictures available. No contingencies will be accepted. Cash sale only. Sold where is and as is Please do your due diligence to verify all details. Exterior showing (curb viewing) only. NO inside showings available, no more inside pictures available. No contingencies will be accepted. Cash sale only. Sold where is and as is No Survey or Keys Provided. Interior Access for Home Inspections Will Not Be Granted. Listing Information May Not Be Accurate. Buyers Must Do Their Own Due Diligence to Verify Number of Beds, Baths, Square Footage, Room Sizes, Lot Size & Any Other Property Details. Photos, Marketing Comments, and Due Diligence Items are Provided for Guidance Purposes Only. By Making an Offer on This Property, the Buyer Represents They Have Independently Verified All Information and Have Made the Decision to Make an Offer Based Upon Their Own Investigation.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1900

General Information

County: McDonough
Listed By:
eXp Realty - Chicago North Ave 888-574-9405
MRED MLS
$29,900
Est. $301/mo
New
MLS#12781266
STATUSNew PROPERTY TYPECommercial - Business

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119 N Coal Street , Colchester, IL 62326.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $29,900$29,900$29,900
Down Payment $5,980$1,047$7,475
Monthly Mortgage Amount $159$195$194
Taxes $42$42$42
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$13$0
Monthly Estimated Total $301$350$336

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