1020 Lake Land BoulevardPrice Reduced

Mattoon, IL 61938 · Park Place Add · MLS #6258882

$495,000
Listed 119 days ago
Save
Bathrooms
2
Acres
0.32
Type
CommercialSale
Status
Active

Opportunity Awaits You! Timing is everything and it may be time for YOU to own this very successful Italian restaurant. Angelo’s Pizza has been a favorite to MANY for over 45 years! This well loved and well maintained restaurant is being sold Turn-Key!.. with all recipes, kitchen equipment, dining room furniture, bar stools, highchairs and lobby furniture. The long term owners will even provide training if desired. The owners of this successful eatery have increased their parking over time and this package includes 4 lots! There are two entrances/exits for customers and parking on 3 sides of building. There is also an additional door off the back (kitchen). There is a newer shed located on the overflow lot. Location is perfect! Angelo’s is situated on a 4 lane high traffic road. There is interstate access a few miles away to the east and to the south. A few miles from Lake Land College and only 10 miles from EIU. Downtown is nearby and Emerald Acres is only a few miles away as well! DO NOT Miss this Opportunity! Great Investment! Complete Brand New Roof 06/26

Features

Electric Water HeaterCentral AirGas

Property Details

Price
$495,000
MLS #
6258882
Status
Active
Baths
2
Type
CommercialSale
Subtype
Business
Subdivision
Park Place Add
Listed Date
May 26, 2026
Lot Size
13,939 sqft / 0.32 acres
Year Built
1979
County
Coles
Zoning
COM
Parcel Number
07-2-13231-000

Interior

Above Grade Finished Area
0
Full Bathrooms
2
Appliances
Electric Water Heater
Cooling
Central Air
Heating
Gas
Levels
One

Exterior

Stories
1
Sewer
Public Sewer
Water Source
Public

Payment estimate

Estimated monthly
$3,083/mo
$2,635 principal & interest$448 taxes

Estimate for planning only — actual payment depends on your loan. Talk to your lender.

Financial

Tax Year
2025
Taxes
$5,377

Location

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Listed by All-American Realty · 217-345-6300. Want to see this property? Call Grissom Schmitz Realty at 217-562-7078.

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Disclaimer: All data relating to real estate for sale on this site comes from the Broker Reciprocity (BR) of the Central Illinois Board of Realtors. Detailed information about real estate listings held by brokerage firms other than Grissom Schmitz Realty include the name of the listing broker. Neither the listing company nor Grissom Schmitz Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. All properties are subject to prior sale, changes, or withdrawal.

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