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Turnkey Restaurant in Arcola, IL
For Sale
$325,000

547 East Springfield Road, Arcola, IL 61910

Restaurant space with 70-patron capacity and ample parking.

Property Size1,814 SF
Price / SF$179.16
Days on Market157

Property Features for 547 East Springfield Road

General Information

Standard status Active
Size 1,814 SF
Property subtype Retail

Building Details

Building Size 1,814 SF
Year Built 1974
Listing Agency: North Star Equities
Listed By: Noah Ruggieri · License #471019691
Source: Svn
Added: Mar 6 Changed: Aug 8 Last Checked: Aug 8 at 6:20AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of North Star Equities

Investment Insights

Based on property information with market context.

Located at 547 East Springfield Road in Arcola, IL, this 1,814 square foot building, constructed in 1974, offers a turnkey restaurant space with a capacity for 70 patrons. The property is strategically located in the vibrant commercial district of Arcola and features ample parking with over 55 spaces. Zoned C-Commercial, this property presents an exceptional opportunity for retail and street retail investors. The surrounding area boasts a burgeoning retail scene and attractions such as Amish country, Rockome Gardens, and the Arkola Depot Museum. Visitors are also drawn to the annual Broom Corn Festival. The property's location is next to I-57.

Key Highlights

  • Prime location next to I‑57 in a vibrant commercial district.
  • Turnkey restaurant space ready for retail/street retail.
  • Ample parking with 55+ spaces.

Property Analytics

Current Use

Hen House Restaurant ... Restaurant Arcola Car Wash Car Wash

Suggested Use

Top Pick Dental Office Hair Salon HVAC Service Nail Salon Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

101
Businesses Nearby
32k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 58% Shops & Services 38% Hotels & Casinos 4%
McDonald's Dining
12,774 visits/mo 0.3 miles
Dollar General Shops & Services
7,836 visits/mo 0.3 miles
Phillips 66 Shops & Services
3,637 visits/mo 0.2 miles
Monical's Pizza Dining
3,413 visits/mo 0.3 miles
El Toro Dining
2,378 visits/mo 0.2 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

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space with 70-patron capacity and ample parking.
Where is this conventional restaurant located?
The property is located at 547 East Springfield Road Arcola, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Prime location next to I‑57 in a vibrant commercial district.; Turnkey restaurant space ready for retail/street retail.; Ample parking with 55+ spaces.
More about this property
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