Property for Sale: 1120 Old State, Mattoon, IL 61938

$199,000
$199,000
1120 Old State, Mattoon, IL 61938
$199,000
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Price:
$199,000
$21,000 - 07/26/2024

Type Commercial

City Mattoon
County Coles

MLS 12022315
Status Active
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.

Lot & Building Features

Construction Other
Cooling Window Unit(s)
Tax Year 2022
Lot Dimensions 346 X 1121 X 322 X 1049 ft

Price History of 1120 Old State, Mattoon, IL

Date Name Price Difference
07/26/2024 Price Adjustment $199,000 9.55%
12/31/1969 Listing Price $220,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Tom OConnor
Tom OConnor
Broker
Direct: 708-237-7790
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by MR. LANDMAN, Jon Fisher
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1%
6.75%
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1120 Old State (MLS #12022315) is a commercial listing located in Mattoon, IL. This property was listed on 04/16/2024 and has been priced for sale at $199,000.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: MR. LANDMAN