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    125 Main St Arcola, IL 61910

    Sponsored
    For Sale
    $65,000

    Prime Arcola location, 1400 sq ft, apartment included.

    Property size:
    1,400 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property, located at 125 E Main Street in Arcola, Illinois, offers 1400 square feet of versatile space. Situated in the heart of Arcola, this property presents a significant opportunity for a variety of businesses. The building includes a residential apartment above the commercial space, adding potential rental income or providing convenient owner-occupied options. The property's central location ensures high visibility and accessibility, making it ideal for a retail business, office space, or other commercial ventures. The building's size and layout offer flexibility for customization to suit specific business needs. This property is also available for sale in conjunction with the adjacent property at 123 E Main Street, presenting a unique opportunity to acquire a larger footprint in a desirable location. The asking price of $65,000 reflects the significant potential this property offers. The lot size is zero acres, indicating the building is situated on a smaller lot, typical for properties in the downtown area. Serious inquiries are encouraged to explore the possibilities this property presents. The property is classified as "Other" in terms of property type, reflecting its adaptability to various commercial uses.

    Property Features for 125 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,400 SF

    Building Details

    Year Built
    1890
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arcola
    County
    Douglas
    State
    Illinois
    Longitude
    -88.30693
    Latitude
    39.68454

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    Nearby Similar for Sale

    • $55,000
      1,200 SF

      Arcola Mixed-Use Commercial Property

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      123 Main St, Arcola, IL 61910
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    • $1,800,000

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Arcola location, 1400 sq ft, apartment included.
    Where is this commercial real estate located?
    The property is located at 125 Main St Arcola, IL.
    What is the asking price?
    The asking price for this property is $65,000.
    (217) 253-2388
    Request Owner's contact information
    125 Main St Arcola, IL 61910
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    Arcola, IL 61910
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    125 Main St Arcola, IL 61910
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