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    1 Marquette Ave Oglesby, IL 61348

    For Lease
    $24 SF/Yr

    Other - Oglesby, IL

    Days on Market:
    279
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 1 Marquette Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    COMMR

    Utilities

    Cooling system
    Central Air

    Building Details

    Number of units
    1
    Architectural style
    Other

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

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

    Listing date Mar 3, 2025

    MLS# 11690509 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 Near I-39 Exit

    Located near the Oglesby exit off I-39, this property is the former site of a Burger King restaurant. The building offers approximately 3150 square feet and features two drive-up windows. A large asphalt parking lot is available. The property has multiple heating and cooling zones. The building is available for lease and sale. The zoning is COMMR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through 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?
    Drive through restaurant - Former Burger King restaurant with drive-through near I-39.
    Where is this drive through restaurant located?
    The property is located at 1 Marquette Ave Oglesby, IL.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner location near I-39 (Oglesby exit).; - Former Burger King restaurant suitable for various business ventures.; - Building offered for both lease and sale.
    (815) 973-6768
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    1 Marquette Ave Oglesby, IL 61348
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    Oglesby, IL 61348
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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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