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Versatile Commercial Building in Coal City
For Sale
$222,500

275 S Broadway Street, Coal City, IL 60416

Free-standing commercial building in Coal City's downtown area.

Days on Market602

Property Features for 275 S Broadway Street

General Information

Standard status Active
Property subtype Commercial/Industrial

Building Details

Year Built 1945
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Phebe Perino · License #475168044
Source: Exitrealty
Added: Dec 5, 2024 Changed: Jul 10 Last Checked: Jul 30 at 6:38AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

Located in the heart of Coal City's downtown area, this versatile free-standing commercial building presents an opportunity for businesses seeking a location in an up-and-coming community. The property features three distinct, well-maintained units, each adaptable to various uses, including retail shops, office spaces, or service-based businesses. Large front windows provide street visibility. Alley access to the back unit, which includes a garage bay door, facilitates deliveries. Parking is conveniently located at the front of the building, providing access for employees and customers. The surrounding area is experiencing growth, making it suitable for businesses. This property is suited for investors or business owners looking to establish themselves in a community. The building is located at 275 S Broadway Street, Coal City, IL 60416.

Key Highlights

  • Prime downtown location in up‑and‑coming Coal City.
  • Three well‑maintained units suitable for various business types.
  • Excellent street visibility with large front windows.

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Dental Office HVAC Service Real Estate Agency Spa & Massage Center Law Firm Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

94
Businesses Nearby
Under-served
Demand for This Use

Demographics for 60416, IL

9,512
Population
3,803
Households
2.5
Avg Household Size
38
Median Age
20%
College-Educated
93%
High-School Grad
22.8 sq mi
ZIP Area
417
Density / Sq Mi
$71,865
Median Household Income
$47,609
Median Earnings
$1,074
Median Rent
$222,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Storefront property - Free-standing commercial building in Coal City's downtown area.
Where is this storefront property located?
The property is located at 275 S Broadway Street Coal City, IL.
What is the asking price?
The asking price for this property is $222,500.
What are key features of this property?
This property features: Prime downtown location in up‑and‑coming Coal City.; Three well‑maintained units suitable for various business types.; Excellent street visibility with large front windows.
More about this property
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