126 N Oak Street Arcola, IL ^$ 255,000

126 N Oak Street

^$ 255,000

Back to search

Recently Listed

126 N Oak Street

Arcola, IL, 61910

^$ 255,000

Bedrooms-- Baths-- Sq 5,150

Monthly Estimate*

^$ 1,761

126 N Oak Street, Arcola, IL 61910 - Image 1

126 N Oak Street, Arcola, IL 61910 - Image 2

Commercial Property for sale in Arcola, IL

for $255,000. This 5,150 square foot building was built on a lot size of 0.455464.

Excellent opportunity to own a turnkey building for a restaurant and bar in the heart of historic Arcola. Fully remodeled in 2018, the building features a spacious open dining and recreation area, a built-in bar, and separate areas for gaming machines and a business office. Enjoy additional seating on the outdoor patio. Included equipment is valued at approximately $45,000-$60,000. Make the most of this appealing business opportunity and bring your vision to life! Business is not for sale. Building and equipment only.

Commercial Active

Price

^$ 255,000

Property Type

Commercial

Taxes

^$ 3,891

Style

Restaurant

Lot Size

0.455464

Town/City

Arcola

County/Region

Douglas

MLS | Web ID

12782736

Features

General

Cooling Central Air

Possession Closing

Tenant Pays Air Conditioning Electricity Heat

Stories Count 1

Tax Year 2025

Business Type Restaurant

County Douglas

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Status New

Directions From S Chestnut go East on E Jefferson then South on N Oak St

City Arcola

MLS Area Southern Champaign County / Douglas County

Lot Size Square Feet 19840

Tax Annual Amount 3891.13

Additional Parcels Y/N N

Standard Status Active

Exterior

Building Area Total 5150

Lot Dimensions 154x160

* Excluded Features

List By

Hillard Agency- Tuscola

Broker

cathy.means@hillardagency.com

Affordability Calculator

$2,085

Per Month

Monthly Principal & Interest: $1,761
Monthly Property Taxes: $324
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Commerical listings in Arcola, IL

Average List Price ^$94,000

Percent of Sale Price 63%

About Arcola, IL

2,871 Population

1% Since 2002

^$53,016 Median Income

39.33 Median Age

31% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/11/2026	$255,000		Listed Price

Map

More homes like this one

homes for you

See all

126 N Oak Street, Arcola, IL, 61910 is a Commercial Property for sale at $255,000 with 5,150 sqft and a lot size of 0.455464. The property's zip code is 61910 which is in Arcola, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.375% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 10/12/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

126 N Oak Street

Commercial Property for sale in Arcola, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home