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Arcola Home for Sale

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    $450,000

    • 13 Beds
    • 11 Baths
    • 5,200 Sq Ft

    120 S Locust St, Arcola, IL 61910

    Rare Commercially Zoned Estate Offering Endless Potential. An extraordinary opportunity awaits with this one-of-a-kind 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

    Ginger Denton Legacy Land Co LLC

    120 S Locust St, Arcola, IL 61910

Frequently Asked Questions Why Live in Arcola

Is Arcola a good place to live?
Arcola is a good place to live. Arcola is considered very car-dependent and somewhat bikeable. Arcola is a neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Arcola has 2 parks for recreational activities. It has a median age of 40. The average household income is $88,349 which is below the national average. College graduates make up 17.7% of residents. A majority of residents in Arcola are home owners, with 29.1% of residents renting and 70.9% of residents owning their home. A local real estate agent serving Arcola can help you decide if this neighborhood is the right one for you. Learn more on our Arcola neighborhood guide.
Is Arcola, IL a safe neighborhood?
Arcola, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Arcola?
The median home price in Arcola is $155,000. If you put a 20% down payment of $31,000 and had a 30-year fixed mortgage with an interest rate of 6.46%, your estimated principal and interest payment would be $780 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $33K a year to afford the median home price in Arcola. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Arcola is $88K.
What are the best public schools in Arcola?
The best public schools that serve Arcola are:
What are the best private schools in Arcola?
The best private schools that serve Arcola are:
What are the most popular zip codes in Arcola, Arcola, IL?
The most popular zip codes in Arcola, Arcola, IL include 61953, 61919, 61920, 61913 and 61938.

Home Trends in Arcola, IL

Housing Trends

Median Sale Price
$130,000
Median Single Family Sale Price
$142,500
Average Price Per Sq Ft
$82
Number of Homes for Sale
1
Last 12 months Home Sales
15
Months of Supply
0.80
Median List Price
$155,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-4%
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