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Arcola IL Real Estate & Commercial for Sale

1 Properties Found

The median home value in Arcola, IL is $110,500. This is higher than the county median home value of $83,000. The national median home value is $209,892. The average price of homes sold in Arcola, IL is $110,500. Approximately 69% of Arcola homes are owned, compared to 24% rented, while 7% are vacant. Arcola real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Arcola real estate agent to arrange a tour today!
Learn more about Arcola Real Estate.


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Beds:
n/a
Baths:
Sq.Ft.:
5,800
Status:
Active
MLS#:
10446075
Type:
Business Opportunities
Lot size:
0.13 Acres
A broker reciprocity listing Courtesy: Coldwell Banker The R.E. Group
View additional info

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.

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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 the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) 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. Information Deemed Reliable but Not Guaranteed. 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.

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