1120 Old State Road Mattoon, IL $ 220,000
1120 Old State Road
$ 220,000
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1120 Old State Road

Mattoon, IL, 61938
$ 220,000
Baths0.0 Sq 400

Monthly Estimate*

$ 1,537

1120 Old State Road, Mattoon, IL 61938 - Image 1
1120 Old State Road, Mattoon, IL 61938 - Image 2
1120 Old State Road, Mattoon, IL 61938 - Image 3
1120 Old State Road, Mattoon, IL 61938 - Image 4
1120 Old State Road, Mattoon, IL 61938 - Image 5
1120 Old State Road, Mattoon, IL 61938 - Image 6
1120 Old State Road, Mattoon, IL 61938 - Image 7
1120 Old State Road, Mattoon, IL 61938 - Image 8
Studio

Commercial Property for sale in Mattoon, IL

for $220,000. This 400 square foot building was built on a lot size of 8.16001.

ZAX TRAX is a family entertainment center located on the south edge of Mattoon, IL. The property is located on Old State Road which is one of the busiest roads in Coles County (averaging 5,500 VPD). The complex was developed in 2018 by the current owner in hopes of adding another "family friendly" business to Mattoon & Charleston. The city of Mattoon recently started construction of a $70,000,000 sports complex that is projected to bring in 250,000 out of area visitors annually. ZAX TRAX is one mile away from this new $70,000,000 facility. This listing agent was a travel baseball parent for 10-years. I can assure you that in-between our tournament games we often looked for kid friendly activities. Putt-putt golf, movie theaters, etc. I believe that if the new ownership group works with the sports complex that this facility could absolutely explode with sales volume. The parcel that ZAX TRAX sits on is over 8.00 acres. As a result there is plenty of room for the next ownership group to consider adding additional amenities: Putt-putt golf course, Batting Cages, Inflatables, Escape Rooms, Arcade, Laser Tag, Paint Ball, & Ice Cream.

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Commercial Active

Price

$ 220,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,198

Style

Lot Size

8.16001

Town/City

Mattoon

County/Region

Coles

MLS | Web ID

12022315

Features
General
Cooling Window Unit(s)
Utilities Water-Municipal
Possession Closing
Roof Metal
Zoning COMMR
Construction Materials Other
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service Operating Stops Taxes Repairs Roof Scavenger Structure Sewer Other
Stories 1
Tax Year 2022
Current Use Commercial
Business Type Other
Business Name ZAX TRAX
County Coles
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial
Status Active
Directions On the north side of Old State Road near the Old State Village MHP.
City Mattoon
Lot Size Square Feet 355450
Waterfront Y/N N
Street Name Old State
Tax Annual Amount 4198
Days on Market 17
Standard Status Active
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Exterior
Building Area Total 400
Lot Dimensions 346 X 1121 X 322 X 1049
Frontage Type County Road
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Interior
Street Suffix Road
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* Excluded Features
List By
Mr. Landman

Broker

jonfisher1991@gmail.com

Email

Affordability Calculator

$1,887
Per Month
81%
19%
0%
Monthly Principal & Interest
$1,537
Monthly Property Taxes
$350
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/16/2024$220,000 Listed Price

Map


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1120 Old State Road, Mattoon, IL, 61938 is a Commercial Property for sale at $220,000 with 400 sqft and a lot size of 8.16001. 1120 Old State Road is a studio with 0.0 baths. The property's zip code is 61938 which is in Mattoon, IL