Connect

Find us on...

Dashboard

Login using...

Jack O. Pysz

Managing Broker

  • Office 773-328-8055
  • Cell 773-344-8444
Questions?

126 Oak Street, ARCOLA, IL – $295,000

  • $295k Price
  • 5,800 Sqft
  • $295k Price
  • 5,800 Sqft

126 Oak Street

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

Community Information

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

Amenities

  • Parking Spaces50

Interior

  • HeatingForced Air
  • Stories1

Cooling

Central Air, Exhaust Fan/s, Heat Pump

Exterior

  • Lot DescriptionCentral Business District

Additional Information

  • ZoningCOMMR

Listing Details

  • OfficeColdwell Banker The R.E. Group
Please provide a valid email address.

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

Date Details Change
Status Changed from New to Active

Coldwell Banker The R.E. Group.

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 Redco Inc. 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 July 18th, 2019 at 12:07pm CDT.

Get Pre-Approved For a Mortgage 

 

 

Learn About Becoming a Redco Agent

Find us on FACEBOOK