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    1 Marquette Ave Oglesby, IL 61348

    For Sale
    $399,900

    Other - Oglesby, IL

    Property size:
    3,150 SF
    Days on Market:
    129
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 1 Marquette Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR
    APN
    1835202002
    Size
    3,150 SF

    Utilities

    Cooling system
    Central Air

    Building Details

    Architectural style
    Other

    Bird Realty Company (815) 600-8636 [email protected]

    Listing agent Eric Bird (815) 973-6768 License #471002935

    Listing date Jul 31, 2025

    MLS# 11940842 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant with Drive-Up Windows

    Located near the Oglesby exit off I-39, this property features a corner location and a building of approximately 3150 square feet. The former restaurant includes two drive-up windows, a large parking area, and zoned HVAC systems. The zoning is B2, allowing for multiple possible uses. The offering includes the lot to the south of the building (PIN 18-35-202-019).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oglesby
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.07616
    Latitude
    41.294552

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    FAQs

    What type of property is this?
    Restaurant - Former restaurant with drive-up windows and large parking area.
    Where is this restaurant located?
    The property is located at 1 Marquette Ave Oglesby, IL.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Prime corner location with high visibility and easy access just off I-39 (Oglesby exit).; - Includes an additional lot to the south of the building (PIN 18-35-202-019).; - Building is approximately 3150 square feet.
    (815) 973-6768
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1 Marquette Ave Oglesby, IL 61348
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