Residential Income

Arcola, IL Residential Income Properties for Sale

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Mattoon, IL Tuscola, IL Hindsboro, IL Camargo, IL Charleston, IL Atwood, IL Garrett, IL Villa Grove, IL
Mixed-Use Retail and Apartment Building
Updated: Jun 8
Mixed-Use Retail and Apartment Building

110 E Main Street, Arcola, IL 61910

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3,780 sqft
Mixed‑use building totaling 3,780 sq ft with street‑level commercial space and an income‑producing apartment upstairs
Main level offers 1,890 sq ft of open, flexible business space for retail, professional offices, or similar neighborhood‑facing uses
Upstairs apartment is a 2‑bedroom, 1‑bath unit currently tenant‑occupied
Apartment generates rental income while you operate the commercial space
Classic brick and stucco exterior with downtown storefront presence
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Arcola, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Redevelopment Mobile Home Park
Redevelopment Mobile Home Park

613 Marion Ave, Mattoon, IL 61938

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4.70 AC lot

Redevelopment project with 32 remaining trailers on a 4.70-acre site previously licensed as a 42-pad MHP.

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16-Unit Apartment Property
16-Unit Apartment Property

1301/1305 Lafayette Avenue, Mattoon, IL 61938

$995,000

Two-building apartment property with all units leased and R-3 zoning.

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Student Housing Community Opportunity
Student Housing Community Opportunity

965 4th St, Charleston, IL 61920

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Three neighboring student housing communities near Eastern Illinois University.

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Apartment Building with 56 Units
Apartment Building with 56 Units

117 W Polk Ave, Charleston, IL 61920

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For sale, 56-unit apartment property in Charleston, Illinois.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Greencroft Homesite Near Country Club
Greencroft Homesite Near Country Club

21 Greencroft Drive, Champaign, IL 61821

$375,000
0.54 AC lot

Luxury homesite in established community near Champaign Country Club.

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Urbana Land For Sale
Urbana Land For Sale

402 W Griggs Street, Urbana, IL 61801

$599,000
1.08 AC lot

Commercial land available in Urbana, Illinois.

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Prime Land Near University
Prime Land Near University

1301 N Lincoln Avenue, Urbana, IL 61801

$1,200,000
3.12 AC lot

3.12-acre parcel near the University of Illinois.

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Wooded Land in Urbana, Illinois
Wooded Land in Urbana, Illinois

Raintree Woods Drive lot: 9, Urbana, IL 61802

$117,500
1.00 AC lot

One acre of wooded land near Urbana, ideal for building.

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Arcola, IL Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Arcola, IL on our real estate platform. These investment opportunities span a total of 3,780 square feet of properties for sale.

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Demographics Overview

Population 4,910
Population Growth (5Y) +16.2%
Median Household Income $83,173
College Educated 23.3%

Taxes & Financing

Average Loan-to-Value 65.0%

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