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    139 E Walnut St Oglesby, IL 61348

    Sponsored
    For Sale
    $279,000

    COMMERCIAL - Oglesby, IL

    Lot size:
    0.14 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 7 at 1:06 pm

    Property Features for 139 E Walnut St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RTAIL
    APN
    1836104027
    Lot size
    0.14 Acres

    Utilities

    Utilities
    Cable Available
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Brick, Stone

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2411 [email protected]

    Listing agent Leah Erickson (630) 844-2222

    Listing date Jan 3, 2026

    Copyright © 2026 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

    Renovated Restaurant and Bar

    Located in downtown Oglesby, Illinois, this renovated restaurant and bar features a custom-built wood bar and an equipped kitchen. The property includes a bar area measuring 32x18 feet, a dining area of 29x18 feet, and a 43x20-foot patio accessible from the bar area. The kitchen is 30x19 feet. Architectural details include a butcher block back bar with new cabinetry, custom glass and bottle wall-mounted displays, exposed brickwork, and refinished hardwood floors. The property has a new HVAC system, grease trap, beer tapping system, and patio furniture with awning. Kitchen equipment includes 3 warmers, a glass wash, a dishwasher, a 3-compartment sink, 3 fryers, 1 cooktop, 2 prep tables, 1 prep cooler with table, 3 freezer/coolers and 1 deep freeze. The property is situated on a lot of 0.14 acres. Ample street parking is available, along with adjacent off-street parking for staff. The property is located minutes from Starved Rock State Park, Matthiessen State Park, multiple golf courses, multiple softball and baseball field complexes, and minutes to I-39 and I-80. City utilities are in place. The current staff includes 2 full-time and 8 part-time employees.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Brennan’s Bar & Grill Bar & Grill ATM Atm

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Lizzie's Lounge, CortiLeno's, Claudette's, Mercer's Rooftop, Axetreme Throwing

    Location Insight

    • Map
    • Local Demand
    City
    Oglesby
    County
    LaSalle
    State
    Illinois
    Longitude
    -89.059664
    Latitude
    41.295039

    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Bar - Fully renovated restaurant and bar in downtown Oglesby, Illinois.
    Where is this bar located?
    The property is located at 139 E Walnut St Oglesby, IL.
    What is the asking price?
    The asking price for this property is $279,000.
    What are key features of this property?
    This property features: - Fully renovated restaurant and bar in the heart of Downtown Oglesby.; - Includes a fully equipped, impeccable kitchen with warmers, glass wash, dishwasher, multiple fryers, cooktop, prep tables, coolers, and freezers.; - Features a custom-built wood bar, refinished hardwood floors, exposed brickwork, and custom glass\/bottle displays.
    (815) 553-2406
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    139 E Walnut St 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
    139 E Walnut St Oglesby, IL 61348
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