115 3rd St Coulterville, IL 62237
This exceptional commercial property, located at 115 N 3rd Street in Coulterville, Illinois, presents a unique investment opportunity. Situated on a 0.28-acre lot, this high-visibility property enjoys a prominent position along a main thoroughfare, ensuring significant foot and vehicle traffic. The existing structure, a substantial 3400+ square foot Morton building, currently operates as a successful sports bar, offering ample space and potential for diverse business applications. The building includes a valuable walk-in Bush Refrigeration cooler, a significant asset for any food-service operation. The property's outdoor seating area further enhances its appeal and capacity. The building's size and layout provide flexibility for a variety of commercial uses, allowing for adaptation to suit the needs of a new owner. The property's current configuration as a well-established sports bar demonstrates its viability and potential for continued success. This is an exceptional chance to acquire a turnkey business or to redevelop the space to meet your specific commercial needs. The combination of prime location, substantial building size, and existing infrastructure makes this a compelling investment opportunity in a thriving community. The asking price is $280,000. Don't miss this chance to own a piece of Coulterville's commercial landscape.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.