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 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
For sale
Price cut: $30K (4/7)
$420,000
120 S Locust St, Arcola, IL 61910
13beds
5,200sqft
Est.:
Single Family Residence
Built in 1895
0.37 Acres Lot
$426,800 Zestimate®
$81/sqft
$-- HOA
What's special
Indoor in-ground heated poolGenerously sized bedroomsGenerously sized roomsTwo full kitchensDedicated hot tub roomAbundant storageElectric baseboard heat
- 64 days |
- 1,622 |
- 20 |
Zillow last checked:
Listing updated:
Listed by:
Ginger Denton 217-369-4864,
Legacy Land Co LLC
Source: My State MLS,MLS#: 11651457
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 13
- Bathrooms: 11
- Full bathrooms: 9
- 1/2 bathrooms: 2
Rooms
- Room types: Den, Dining Room, En Suite, Family Room, First Floor Bathroom, First Floor Master Bedroom, Kitchen, Living Room, Study, Walk-in Closet
Kitchen
- Features: Eat-in Kitchen, Laminate Counters
Basement
- Area: 300
Heating
- Electric, Baseboard
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Refrigerator, Oven, Water Heater, Stainless Steel Appliances
Features
- Flooring: Laminate, Tile
- Doors: Bilco Doors
- Basement: Partial,Bilco Doors,Unfinished
- Number of fireplaces: 2
Interior area
- Total structure area: 5,500
- Total interior livable area: 5,200 sqft
- Finished area above ground: 5,200
Property
Parking
- Total spaces: 8
- Parking features: Attached
- Garage spaces: 8
Features
- Stories: 2
- Patio & porch: Open Porch, Deck
- Exterior features: Utilities
- Pool features: Heated, Indoor, In Ground
- Has view: Yes
- View description: Street
Lot
- Size: 0.37 Acres
- Features: Corner, Pool
Details
- Parcel number: 011404424020
- Lease amount: $0
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Frame, Vinyl Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1895
Utilities & green energy
- Electric: Amps(200)
- Sewer: Municipal
- Water: Municipal
Community & HOA
HOA
- Has HOA: No
Location
- Region: Arcola
Financial & listing details
- Price per square foot: $81/sqft
- Tax assessed value: $422,412
- Annual tax amount: $10,618
- Date on market: 2/8/2026
- Date available: 02/08/2026
Estimated market value
$426,800
$405,000 - $448,000
$1,489/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 4/7/2026 | Price change | $420,000-6.7%$81/sqft |
Source: My State MLS #11651457 Report a problem | ||
| 2/8/2026 | Listed for sale | $450,000$87/sqft |
Source: My State MLS #11651457 Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $10,619 +7% | $140,804 +11.4% |
| 2023 | $9,927 -4% | $126,440 -4.2% |
| 2022 | $10,340 +2.3% | $131,987 +5.1% |
| 2021 | $10,109 +3.2% | $125,606 +3.4% |
| 2020 | $9,791 +3.2% | $121,500 |
| 2019 | $9,486 +3.7% | $121,500 +12.3% |
| 2017 | $9,148 | $108,158 -28.8% |
| 2015 | $9,148 -29.3% | $151,947 +4.7% |
| 2014 | $12,934 +12.6% | $145,073 +18.2% |
| 2013 | $11,485 | $122,766 |
Find assessor info on the county website
Monthly payment
Est. payment
$2,703/mo
Principal & interest
$2069
Property taxes
$634
More affordability tools
Climate risks
Neighborhood: 61910
Nearby schools
GreatSchools rating
- 3/10Arcola Elementary SchoolGrades: PK-6Distance: 0.5 mi
- 5/10Arcola High SchoolGrades: 7-12Distance: 0.5 mi
Schools provided by the listing agent
- District: Arcola Cusd 306
Source: My State MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Illinois
- Douglas County
- Arcola
- 61910
- 120 S Locust St
