Rare Commercially Zoned Estate Offering Endless Potential

$450,000
Available
Img 8904
Img 8906
Img 8908

Property Details

ID: 98647
Status: Available
Price: $450,000
Acres: 0.37
Type: Residential Property, Business Opportunity, Commercial
Address: 120 S Locust
City, State: Arcola, Illinois
County: Douglas
Zip Code: 61910

Description

An extraordinary opportunity awaits with this one-of-a-kind 50-room property, perfectly suited for visionary buyers seeking space, character, and versatility. Featuring 13 bedrooms, including 4 en-suite baths, along with 9 full bathrooms and 2 half baths, this expansive estate offers room to imagine, create, and invest. The property includes two four-car garages and a charming inner courtyard, while generously sized rooms and abundant storage are found throughout. Multiple entertaining spaces include two formal dining rooms, plus two full kitchens-one on the main level and one upstairs-ideal for multi-use living or commercial applications. A standout feature is the indoor, in-ground heated pool, complete with a diving board, slide, and extensive surrounding storage. The pool deck off the main floor provides ample space for entertaining, with a dedicated hot tub room just beyond. In addition to the residential living areas, the property offers two fully equipped medical office suites, each featuring four exam rooms, reception areas, and nurses' stations-making this an exceptional opportunity for medical, professional, or mixed-use purposes. The original 1895 residence showcases timeless character, including an inviting foyer with the original staircase, an original fireplace in the living room, a spacious upstairs landing, and generously sized bedrooms. Thoughtful additions over the years have expanded the property to support both a growing family and a thriving medical practice. Zoned commercial, this property presents outstanding potential for a live-in bed and breakfast, medical or professional offices, retail space, or other creative ventures. Additional features include electric baseboard heat, window A/C units, and a new metal roof. Property is being sold As-Is. A truly rare offering where historic charm meets unmatched scale and opportunity. Dimension sheet is available onsite - Call Today for Your Tour

Additional Details

Home Details

Sq Ft: 10648.00
Beds: 13
Full Baths: 9
Half Baths: 2
Ginger Denton
Ginger Denton
Designated Managing Broker

Ask Ginger a Question

Get Financing

# Payment Interest Principle Balance

Contact An Agent

Ginger Denton
Designated Managing Broker
Ask Ginger About This Property

Nearby Properties Around Douglas County

Douglas County, IL
Check out this newly renovated home in Arthur! This charming 2BR/1BA is just steps from downtown shopping and the Arthur Grade School. Relax on the front sun porch or if you prefer more privacy, step out to the fully fenced back yard. Wood burning fi...
0.12± Acres
|
$178,000
Lot 20 Meadowview Subdivision, Phase 2 Arthur, IL 61911
Moultrie County, IL
Lot 20 in Meadowview Subdivision Phase 2 has 90 ft road frontage and is 110 ft deep. Water and sewer is municipal. PIN: 03-03-25-221-020 Legal Description: Lot 20 In Meadowview SubDivision Phase 2 Moultrie County IL as per plat as recorded in Mou...
0.23± Acres
|
$25,245
Lot 18 Beech Street, Arthur, IL 61911
Moultrie County, IL
Lot 18 of Meadowview Subdivision Phase 2 has road frontage of 90 ft and has a depth of 110 ft. Water and Sewer is municipal. Great opportunity to build in Arthur's newest subdivision....
0.23± Acres
|
$25,245

More Properties from Ginger Denton

New Listing
Clark County, IL
If you're looking for weekend getaway or a potential business opportunity with an Air BnB - Look no Further!  Step onto this property and walk right into the cabins and start your getaway.  Located approximately 2 miles east of Martinsville...
7± Acres
|
$599,000
Under Contract
Piatt County, IL
Great Opportunity to acquire 23.68 AC in Southern Piatt County!  Two parcels currently being used as 23.68 Tillable acreage - could also be used as build lots for two properties (as they were in place as of 9/14/2010).  Productivity Index i...
23.68± Acres
|
$414,400
Piatt County, IL
If you're looking for your peace of rural living - look no further. This 4BR/3BA two story on 2.8 acres with multiple outbuildings is for you. Remodeled in 2019, this home boasts new flooring, remodeled bathrooms, remodeled upstairs, new plumbing, an...
2.8± Acres
|
$294,900