Restaurant Building with
New
For Sale
$255,000
126 N Oak Street, Arcola, IL 61910
Business Opportunity, Arcola, IL
Property SizeContact for details
Lot Size0.46 Acres
Days on Market2
Property Features for 126 N Oak Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From S Chestnut go East on E Jefferson, then South on N Oak St
Subdivision
Southern Champaign County / Douglas County
Standard status
Active
APN
01140441703700
Lot size
0.46 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
TOWN OF OKAW LOTS 1, 2, 3 & N4' LOT 4 BLK 10
Tax Annual Amount
3891
Legal Description
TOWN OF OKAW LOTS 1, 2, 3 & N4' LOT 4 BLK 10
Utilities
Cooling system
Central Air
Building Details
Floors in Building
1
Listing Agency:
Hillard Agency- Tuscola
(217) 253-2388
Listed By:
Cathy Means · License #4710203432
(217) 254-0386
Added: Oct 11
Last Checked: Oct 12 at 9:06AM
MLS# 12782736
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property in Arcola includes an open dining and recreation area, a built-in bar, a separate gaming area, and a business office. The building was remodeled in 2018 and has central air conditioning, with outdoor patio seating as an additional dining option. The offering includes the building and equipment; the business itself is not included.
The property occupies 0.4555 acres at 126 N Oak Street in Arcola, Illinois.
The property occupies 0.4555 acres at 126 N Oak Street in Arcola, Illinois.
Key Highlights
- Restaurant building remodeled in 2018
- 0.4555‑acre property at 126 N Oak Street, Arcola, IL
- Open dining and recreation area with built‑in bar
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
268
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Arcola
Shops & Services
9,082 visits/mo
0.1 miles
Demographics for 61910, IL
4,460
Population
1,615
Households
2.8
Avg Household Size
39
Median Age
17%
College-Educated
71%
High-School Grad
102.5 sq mi
ZIP Area
44
Density / Sq Mi
$83,173
Median Household Income
$34,727
Median Earnings
$809
Median Rent
$147,500
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - A built-in bar, gaming area, business office, and central air serve the restaurant layout.
Where is this conventional restaurant located?
The property is located at 126 N Oak Street Arcola, IL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Restaurant building remodeled in 2018; 0.4555‑acre property at 126 N Oak Street, Arcola, IL; Open dining and recreation area with built‑in bar
