110 E 22nd Avenue Coal Valley, IL 61240 Commercial - Business Active

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Description

Great restaurant/bar opportunity in Coal Valley!! This two-story building offers a large dining area, bar, gaming room, updated bathrooms, and full kitchen. There are two 1-bedroom remodeled apartments with new washer/dryer upstairs and units are currently rented month to month. Recent updates include new bar build out, 4 new reach-in coolers, draft beer system, new sinks throughout, new bathrooms, 2 mini splits in dining area, 1 mini split in kitchen, furnace and ductwork, 2 newer water heaters, gutters, new commercial dishwasher, newer deep fryers, prep table, and water treatment system (owned). Walk-in cooler in basement. FF&E included, not warranted. Two car detached garage included in sale. Schedule a showing today! Seller is a licensed real estate agent.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1969

General Information

County: Rock Island
Listed By:
BUY SELL BUILD QC - Real Broker, LLC 563-200-5588
MRED MLS
$325,000
Est. $2,069/mo
Active
SQUARE FEET3,840 MLS#12571465
STATUSActive PROPERTY TYPECommercial - Business

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110 E 22nd Avenue, Coal Valley, IL 61240.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $325,000$325,000$325,000
Down Payment $65,000$11,375$81,250
Monthly Mortgage Amount $1,517$1,862$1,976
Taxes $452$452$452
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$143$0
Monthly Estimated Total $2,069$2,557$2,528

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About this area

Illinois/Coal Valley
Coal Valley

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About Coal Valley

Tucked just minutes away from the Quad Cities, Coal Valley, IL offers many attractions, including the Niabi Zoo. From the hills overlooking the Quad Cities to the homes that are situated on or near farmland, this city offers a rural, calming environment. The 3,800 (2023) residents of Coal Valley have advantages of small-town living with access to the nearby Quad Cities.

With its peaceful neighborhoods, community parks, and proximity to the Quad Cities, Coal Valley is an attractive destination for families, retirees, and anyone seeking a slower pace of life without giving up access to nearby amenities. The community is known for its friendly atmosphere, well-kept homes, and scenic surroundings, including wooded areas and rolling landscapes.

Real estate in Coal Valley includes a mix of single-family homes, ranging from classic ranch-style houses to modern new builds with larger lots. Many properties feature spacious yards, garages, and quiet streets—ideal for those seeking privacy and outdoor space. The area also offers some opportunities for custom homes and land development, appealing to buyers looking to build or invest. Affordability is another key draw, making Coal Valley a great value compared to larger nearby cities.

Residents benefit from access to reputable schools, local businesses, and recreational activities like golf, biking, and hiking. Whether you're searching for a first home, a place to raise a family, or a peaceful retreat, Coal Valley offers a welcoming environment and solid real estate opportunities.

If you are ready to start your home buying or selling journey, browse the latest real estate listings in Coal Valley, IL. You can also contact us—we are here to help!!!

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