Building Details

Building Size 3,150 SF

Listing Agency: Bird Realty e***@yahoo.com Show Phone

Listed By: Eric Bird · License #471002935

Source: Bktchicago

Added: Aug 3 Changed: Aug 28 Last Checked: Aug 28 at 12:59PM

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Investment Insights

Based on property information with market context.

This approximately 3150-square-foot restaurant building was formerly occupied by Burger King and includes two drive-through windows, an asphalt parking lot, and multiple heating and cooling zones. The existing configuration supports continued restaurant use, subject to applicable approvals and lease or sale terms.

The property occupies a corner location near the Oglesby exit, just off I-39, at 1 Marquette Ave in Oglesby, Illinois. The building is available for lease or sale, providing flexibility for an operator evaluating the existing restaurant improvements.

Key Highlights

• Approximately 3150 square feet of restaurant space
• Two drive‑through windows
• Large asphalt parking lot

Property Analytics

Property Profile

Current Use

Drive through restaurants

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Auto Parts Store HVAC Service Parking Lot & Garage Hair Salon

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

Lease Details

Yes

Highway access

NNN (Triple Net)

Lease Type

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

176

Businesses Nearby

45k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 46% Shops & Services 45% Hotels & Casinos 9%

McDonald's Dining

18,420 visits/mo 0.1 miles

Shell Shops & Services

6,951 visits/mo 0.1 miles

Casey's General Store Shops & Services

5,315 visits/mo 0.4 miles

Phillips 66 Shops & Services

4,381 visits/mo 0.0 miles

BP Shops & Services

3,749 visits/mo 0.1 miles

Demographics for 61348, IL

4,576

Population

2,182

Households

2.1

Avg Household Size

44

Median Age

20%

College-Educated

93%

High-School Grad

39.3 sq mi

ZIP Area

116

Density / Sq Mi

$71,197

Median Household Income

$44,029

Median Earnings

$691

Median Rent

$139,100

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

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What type of property is this? Where is this drive through restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - Restaurant building with customer-service windows, asphalt parking, and multiple heating and cooling zones.

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 $15 SF/Yr.

What are key features of this property?

This property features: Approximately 3150 square feet of restaurant space; Two drive‑through windows; Large asphalt parking lot