Endless Potential in Downtown Arcola! This approximately 2,800 sq. ft. commercial property is situated on a corner lot with convenient alley access and offers flexibility for a variety of business opportunities. With two separate entrances, the building can be utilized as one larger space or divided into two units for added versatility. The property is equipped with two well-maintained furnaces and central air conditioning units. Plenty of street parking is available along the front and side of the building, making it convenient for customers and employees. Whether you're looking to establish your business, expand your current operation, or invest in downtown Arcola, this property offers endless possibilities. Call today to schedule your showing!
Rare opportunity to own a stunning mixed-use commercial property in the heart of downtown! This classic brick and stucco building offers a total of 3,780 sq ft of versatile space - combining income-producing residential and prime street-level commercial square footage under one roof. The main level boasts 1,890 sq ft of open, flexible business space perfectly suited for retail, professional offices, a boutique, cafe, salon, or virtually any neighborhood-facing business. With its prominent downtown storefront presence, this space offers outstanding visibility and foot traffic exposure that every business owner dreams of. Above the commercial space sits a charming 2-bedroom, 1-bath apartment currently tenant-occupied and generating rental income from day one - an immediate return on your investment while you build your business below. Whether you're an owner-occupant looking to balance your mortgage or a savvy investor adding to your portfolio, the numbers work in your favor. The timeless brick and stucco exterior adds curb appeal and character that only a downtown address can offer, while signaling stability and permanence to your customers and tenants alike. Properties like this - blending walkable downtown energy with built-in income potential - rarely come to market. Don't miss your chance to plant roots in the community and invest in a piece of downtown's future!

Arcola is located in Illinois. Arcola, Illinois has a population of 2,774. Arcola is more family-centric than the surrounding county with 36.35% of the households containing married families with children. The county average for households married with children is 33.42%.
The median household income in Arcola, Illinois is $67,625. The median household income for the surrounding county is $63,142 compared to the national median of $69,021. The median age of people living in Arcola is 35.3 years.
The average high temperature in July is 85.8 degrees, with an average low temperature in January of 19 degrees. The average rainfall is approximately 39.8 inches per year, with 13.3 inches of snow per year.