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120 S Locust Street Arcola, IL 61910 Residential - Single Family Active

  • 120 S Locust Street, Arcola, IL 61910 Main Photo

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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 Highlights

Property Type: Residential - Single Family
Total Living Area SF: 14,128
Garage Size: 8
Attached Garage
Built in 1895
Elementary School: Arcola Elementary School
High School: Arcola High School
Middle School: Arcola Junior High School
Hot Tub
Two Fireplaces

General Information

Bedrooms: 12
Bathrooms: 11
Sqft: 14,128
County: Douglas
High School: Arcola High School
Listed By:
KELLER WILLIAMS-TREC 217-356-6100
MRED MLS

Room Information

Kitchen- 2nd: 12X18
Bedroom 5: 10X14
Bedroom 6: 10X14
Bedroom 7: 15X18
Bedroom 8: 11X22
Bedroom 9: 10X17
Bedroom 10: 19X20
Bedroom 11: 18X14
Bedroom 12: 12X19
Family Room - Down: 20X17
Bedroom 2: 16X14
Bedroom 3: 16X15
Bedroom 4: 16X10
Dining Room: 11X30
Family Room: 20X34
Kitchen: 12X19
Living Room: 12X20
Primary Bedroom: 20X15
$320,000
Est. $2,163/mo
12beds
11baths
14,128sqft
8cars
Active
BEDS12 BATHS9 full 2 partial SQUARE FEET14,128 MLS#12740738
STATUSActive PROPERTY TYPEResidential - Single Family SCHOOLDistrict 306

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120 S Locust Street, Arcola, IL 61910.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $320,000$320,000$320,000
Down Payment $64,000$11,200$80,000
Monthly Mortgage Amount $1,618$1,986$2,009
Taxes $445$445$445
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$141$0
Monthly Estimated Total $2,163$2,672$2,554

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