12200 104th Street Coal Valley, IL 61240 • Commercial - Farm • Auction call for price

Description

RESERVE AUCTION LISTING. Starting Bid: $250,000. Auction begins December 14, 2026, at 11:00 AM CT through CREXi. Unique opportunity to acquire an approximately 40-acre property featuring approximately 72,843 SF across ten buildings in Coal Valley, IL. The property offers a diverse collection of improvements and open land with potential for a variety of uses, subject to applicable zoning, governmental approvals, and property conditions. Improvements include an approximately 20,806 SF Main Building, approximately 2,779 SF Administrative Building, approximately 15,000 SF Gymnasium, approximately 827 SF Chapel, approximately 9,600 SF Auto Shop, approximately 2,464 SF Farmhouse, approximately 3,000 SF Industrial Arts Building, approximately 6,575 SF Industrial Building with Greenhouse, approximately 9,292 SF Milk Barn, and approximately 2,500 SF Annex. Additional features include a baseball field, open green space, and approximately 13 acres identified as tillable farmland. Located approximately 5 miles from I-74 and 7 miles from I-280, with access to the greater Quad Cities region. The property reportedly includes mechanical and security systems and a combination of septic and municipal utility services. Documentation provided identifies an easement associated with the Village of Coal Valley water tower on the eastern portion of the property. Ownership has advised that the water tower was transferred back to the municipality pursuant to a prior agreement. Buyers should independently verify the recorded conveyance and easement documents, property boundaries, and any associated rights or restrictions. Portions of the property, including the baseball field, gymnasium, and associated facilities, are subject to a rent-free use agreement with the Warriors Baseball Team through June 30, 2030, which provides for termination by either party upon 30 days' written notice. Buyers should independently verify the agreement's current status, terms, and associated occupancy rights. All acreage, building square footage, dimensions, building descriptions, zoning, permitted uses, utility information, and other property details are approximate, provided for informational purposes only, and not guaranteed. Buyers and their representatives are responsible for independently verifying all information, including building conditions, zoning, legal occupancy, code compliance, utility availability and capacity, easements, and suitability for intended use. Property offered AS-IS, WHERE-IS, WITH ALL FAULTS, subject to CREXi auction terms and the definitive Purchase and Sale Agreement. Buyers and cooperating brokers should review all auction requirements, buyer fees, and available due diligence materials prior to bidding.

Property Highlights