Address
230 E. Main Street, Olney, IL
Price
$ 58,000
Property Attributes
- MLS#11228051
- TypeLand
- CountyRICHLAND
- CityOlney
- Zip62450
- Style
- Taxes$ 700
- Price$ 58,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Data Source:
My State MLS (MSMLS) - IL
Property Description
The 1920's iconic and historic building of the Arcadia Theater is now available. This 3 screen theater has one main screen and two smaller screens that were added later. The main screen auditorium has 396 Seats, One of the smaller screens has 92 seats and the other has 64. This building still has gorgeous features such as curved staircases, ornate mirrors, light fixtures, and art deco decor and flair. The upper level balcony is accessible by stairs and there are bathrooms on upper level as well as lower. There are seat covers for the seating. The front marquee sign lighting has been restored and is operational. While the 8,000 +/- Sq Ft building needs work, it is an excellent opportunity to restore for a multitude of possibilities, such as, remaining a movie theater, converted to a restaurant, banquet hall, community theater, office, or so much more. Property being sold "AS IS WHERE IS"
| Price History | |
|---|---|
| 12/5/2023 | Listed $63,000 |
| 2/28/2024 | 8% - $58,000 |
General Features
| Sewer | Municipal |
|---|---|
| Zoning | 200 |
| Construction Materials | Masonry - Brick |
| Tax Year | 2022 |
| County | 17159 |
| Property Type | Vacant Land |
| Status | Active |
| Buyer Financing | Other |
| City | Olney |
| Street Name | E. Main Street |
| Tax Annual Amount | 700 |
| Availability Date | 2023-04-25T04:00:00Z |
Exterior Features
| Water Source | Municipal |
|---|---|
| Lot Size Acres | 0.20 |
| Number of Lots | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Land Average in 62450
Price
Taxes
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