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230 E. Main Street, Olney, IL 62450

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For Sale

$58,000

0.2 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Other Residential
    Property type

  • 0.2 acres
    Lot size

Explore this Property

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"
MLS# 11228051

Courtesy Of AMY LEE REALTY LLC

(618) 662-3170

Property Features

  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Exterior Type
    Masonry
  • Floor Covering
    Carpet, Vinyl
  • Heating Fuel
    Natural Gas
  • Heating System
    Forced Air
  • Lot Size
    0.2 Acres
  • Roof Type
    Unknown

Map and Directions

Directions to 230 E. Main Street, Olney, IL 62450

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(217) 342-6080
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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
    $0
  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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