Restaurant Property 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
Changed: Oct 12
Last Checked: Oct 12 at 1:06PM
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.
At 126 N Oak Street in Arcola, this restaurant property includes an open area for dining and recreation, a built-in bar, a dedicated gaming-machine area, and a separate office. An outdoor patio provides additional seating, and the building has central air conditioning. The property occupies 0.4555 acres. The offering consists of the building and equipment.
Key Highlights
- 0.4555‑acre restaurant property in Arcola, IL
- Open space arranged for dining and recreation
- Built‑in bar with a separate gaming‑machine area
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 - The interior combines dining and recreation space with a bar, gaming area, and separate business office.
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: 0.4555‑acre restaurant property in Arcola, IL; Open space arranged for dining and recreation; Built‑in bar with a separate gaming‑machine area
