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Flex Space with Pond
For Sale
$650,000

4237 E 1050th Ave, Oblong, IL 62449

COMMERCIAL - Oblong, IL

Property SizeContact for details
Lot Size22.70 Acres
Days on Market272

Property Features for 4237 E 1050th Ave

General Information

Property type Commercial Sale
Property subtype Other
Bathrooms 2
Full bathrooms 1
Half bathrooms 1
Rooms Bathroom 2, Bathroom 1
High school district Oblong CUSD 4
Standard status Active
Lot size 22.70 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1568

Utilities

Heating system Forced Air, Radiant
Water front features Pond

Amenities

kitchen
bathroom
waiting area

Building Details

Year built 2022
Roof type Metal
Listing Agency: WEBER INSURANCE AND RLTY
Listed By: Brandon Hoalt
Added: Nov 5, 2025 Changed: Jul 30 Last Checked: Aug 4 at 10:06AM
MLS# 11601647

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Flex space property spanning 22.7 acres and anchored by a 3.4 acre pond, complemented by four versatile outbuildings. The main office/storage building was built in 2022 and includes a finished office area with 3 offices, a waiting area, a fully equipped kitchen, and full bathrooms. Climate comfort is supported by 2 mini-split units, and radiant floor heat is available but not hooked up. An unfinished loft area above the office could be converted to additional livable space.

The Morton building is fully insulated and offers radiant heat, providing space suitable for equipment storage or other uses. Two additional older pole buildings on the property create extra storage capacity. Sellers would entertain separating buildings and land/pond, and mineral rights do not belong to the seller.

An easement exists on the property for the owners of the house located directly on the premises. The roof is metal, and the property includes forced air and radiant heating.

Key Highlights

  • 22.7‑acre flex space property with a 3.4 acre pond
  • Main office/storage building built in 2022 with finished office area
  • Finished office area includes 3 offices, waiting area, fully equipped kitchen, and full bathrooms

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Auto Repair Shop Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

28
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62449, IL

3,095
Population
1,421
Households
2.2
Avg Household Size
43
Median Age
12%
College-Educated
90%
High-School Grad
120.1 sq mi
ZIP Area
26
Density / Sq Mi
$56,552
Median Household Income
$33,597
Median Earnings
$537
Median Rent
$99,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Flex space property on a pond with multiple outbuildings, including a 2022 main office/storage building with finished office area.
Where is this flex space located?
The property is located at 4237 E 1050th Ave Oblong, IL.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 22.7‑acre flex space property with a 3.4 acre pond; Main office/storage building built in 2022 with finished office area; Finished office area includes 3 offices, waiting area, fully equipped kitchen, and full bathrooms
More about this property
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