O'Neil Property Group

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$245,000
28 Days On Site

126 N Oak Street
Arcola, IL 61910

For Sale|Business|Active
0
Beds
0
Total Baths
5,150
SqFt
$48
/SqFt
County:
Douglas
Listing Courtesy of MRED as distributed by MLS Grid of Hillard Agency- Tuscola
126 N Oak Street126 N Oak Street126 N Oak Street126 N Oak Street
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Turnkey restaurant and bar in the heart of historic Arcola. Building appraised in 2025 for $290K. The property features an open dining and recreation area, a built-in bar, and separate areas for gaming machines and a business office, and an outdoor patio with additional seating. Included equipment is valued at approximately $45,000-$60,000. Bring your vision to this inviting commercial space! Building and equipment only. Not able to purchase now? Also open to leasing with a 2 year contract. Seller financing available up to 2-3 years.

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Listing Snapshot
PriceΒ 
$245,000
Days On SiteΒ 
28 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
5,150 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
N/A
MLS NumberΒ 
12782736
StatusΒ 
Active
Property TaxΒ 
$3,891.13
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
16 hours agoListing updated with changes from the MLS
16 hours agoStatus changed to Active
6 days agoPrice changed to $245,000
4 weeks agoListing first seen on site
General Features
Property Sub TypeΒ 
Business
SqFt TotalΒ 
5150
Interior Features
CoolingΒ 
Central Air
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Community Features
MLS AreaΒ 
Southern Champaign County / Douglas County
Listing Courtesy of MRED as distributed by MLS Grid of Hillard Agency- Tuscola



Based on information submitted to the MLS GRID as of 2026-11-08 09:59 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-11-08 09:59 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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