20 photos

120 S Locust Street Arcola IL 61910

MLS #12740738

For Sale
$299,000
August 27th, 2026

Description

Opportunities like this don't come along often! Offering an incredible amount of space, commercial zoning, and a layout unlike anything else, this property is ready for someone with a vision. With 13 bedrooms, 9 full baths, and 2 half baths, there is room for just about anything you can imagine. Four of the bedrooms have their own private baths, and throughout the property you'll find large rooms, plenty of storage, two kitchens, two dining areas, and multiple spaces that can easily serve different purposes. And then there's the indoor in-ground pool! Complete with a diving board and slide, the pool area provides plenty of space to enjoy and entertain year-round. Just off the pool is an additional room with a hot tub, along with convenient storage surrounding the pool area. Another unique part of this property is the existing medical office space. There are two separate office areas, each offering four exam rooms, a reception area, and a nurses' station. The existing setup could work well for another medical or professional use or could be reimagined to fit an entirely different business. At the heart of the property is the original 1895 home, where you'll still find beautiful details from years past, including the original staircase welcoming you into the foyer and the original living room fireplace. A large upstairs landing and spacious bedrooms add to the character and feel of the original home. Over the years, additions expanded the property considerably, creating a truly impressive amount of usable space. The property also features a private outdoor space between the buildings and two four-car garages, adding even more usable space, parking, and storage. Because the property is commercially zoned, the possibilities extend well beyond its current layout. It could be an incredible setting for a bed and breakfast, professional or medical offices, event or gathering space, retreat center, business headquarters, or a combination of uses. Bring your ideas and see what this unique property could become! A newer metal roof adds to everything this property has to offer. There is simply too much to this property to appreciate from the photos alone. Come see the space, the character, and all the possibilities for yourself!

Property Info

12 Bedrooms
9.2 Bathrooms
69 Days on Market
14128 Sq Ft
$21/sqft
PIN: 01140442402000

Tax & HOA Information

Tax Year 2025: $11,412
HOA: $0/month
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Schools

GreatSchools Rating: N/A
Arcola Junior High School
District 306
GreatSchools Rating: 5/10
District 306

Property Location

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Listed by Tina Kibler with KELLER WILLIAMS-TREC 217-356-6100

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