123 Main St Arcola, IL 61910
- Commercial real estate
- 2,400 SF
- 0.06 lot acres
Current Use by Public Records
- The Coyote / Bar
Property Details for 123 Main St
- Year built
- 1890
- Lot size
- 0.06 lot acres
- Property size
- 2,400 SF
- Property type
- Commercial real estate
- APN
- 01-14-04-417-04600
- APU
- 1140441704600
Description
This exceptional property at 123 E Main Street, Arcola, IL, presents a unique investment opportunity for savvy entrepreneurs. The 1,200 square foot building offers significant potential for a variety of commercial uses, making it ideal for a business owner seeking a prime location in the heart of Arcola. A key feature is the inclusion of an upper-level apartment, providing an additional income stream through rental opportunities. This apartment adds to the overall return on investment, making this property particularly attractive. The building's location on E Main Street ensures high visibility and accessibility for customers. This property is currently listed at $55,000. Note that the adjacent property at 125 E Main Street is also available and can be purchased as a bundled package for a negotiated price. This presents a rare chance to acquire a larger footprint in a desirable downtown location. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The property sits on a lot with no acreage. This is a fantastic opportunity to establish a thriving business and generate passive income simultaneously. Don't miss out on this chance to own a piece of Arcola's vibrant commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Arcola
- County
- Douglas
- State
- Illinois
- Longitude
- -88.3071
- Latitude
- 39.6846
