Hi There! Is this Your First Time?

Did you know if you Register you have access to free search tools including the ability to save listings and property searches? Did you know that you can bypass the search altogether and have listings sent directly to your email address? Check out our how-to page for more info.

  • Price$295,000
  • Sq. Ft.5,800

126 Oak Street, ARCOLA

Highly profitable restaurant & bar located in the beautiful downtown area of Arcola, IL. This restaurant has been entirely renovated over the past two years. The owner recently put on a new $30,000 roof, renovated lights and plumbing, added new chairs & tables. The kitchen has been renovated with new appliances, hood, and Ansul system. The owner has also added a new $5,700 surveillance system, and new TV's. The restaurant currently has FIVE gaming machines and that will be increasing to SIX. Gaming machine bets are also being raised from $2 to $4 shortly. Gaming aspect of business alone making over $110,000 annually. Restaurant on pace to sell over $500,000 of food & liquor in 2019 in addition to gaming revenue. The business typically has $25,000 to $30,000 of food & liquor in inventory. Business will sell with everything, in addition to FB page, website, and name if desired. Owner relocating to save money on kids out of state tuition & find a more business friendly state.

Essential Information

  • MLS® #10446075
  • Price$295,000
  • Square Footage5,800
  • Acres0.00
  • TypeCommercial
  • Sub-TypeBus / Bus w/Real Est
  • StatusActive

Amenities

  • Parking Spaces50

Exterior

  • Lot DescriptionCentral Business District

Listing Details

  • Listing OfficeColdwell Banker The R.e. Group

Community Information

  • Address126 Oak Street
  • AreaCCAR-South
  • CityARCOLA
  • StateIL
  • Zip Code61910

Interior

  • HeatingForced Air
  • CoolingCentral Air, Exhaust Fan/s, Heat Pump
  • Stories1

Additional Information

  • ZoningCOMMR

Price Change History for 126 Oak Street, ARCOLA, IL (MLS® #10446075)

Date Details Price Change
Active (from New)
Please provide a valid email address.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Coldwell Banker Residential are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

Listing information last updated on September 20th, 2019 at 5:07pm CDT.