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Mixed-Use Property with Event Space
New
For Sale
$275,000

1002 N 7th Street, Oquawka, IL 61469

Commercial Sale, Oquawka, IL

Property SizeContact for details
Lot Size1.38 Acres
Days on Market7

Property Features for 1002 N 7th Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Garage - Detached, Carport
Directions North on 7th Street.
Standard status Active
APN 03-15-430-002
Lot size 1.38 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOTS 9 10 11 12 13 14 15 & 16 BLOCK 107 VILLAGE OF OQUAWKA LOTS= 50X150 EACH
Tax Annual Amount 2123
Legal Description LOTS 9 10 11 12 13 14 15 & 16 BLOCK 107 VILLAGE OF OQUAWKA LOTS= 50X150 EACH

Utilities

Sewer type Septic Tank
Heating system Forced Air
Water source Public

Amenities

attached apartment
1 car garage
3 carports
2 storage trailers
man cave
multiple storage areas
lean to sheds

Building Details

Year built 1977
Number of units 1
Building materials Metal Siding
Architectural style Other
Listing Agency: RE/MAX Real Estate Specialists · RE/MAX International
Listed By: Denise Myers · License #475.141439
Added: Sep 29 Changed: Oct 1 Last Checked: Oct 5 at 4:06PM
MLS# 6343224

Copyright © 2026 NoCoast 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.

This mixed-use property combines a restaurant and bar with a separate event room, gaming room, and attached apartment. The dining operation accommodates approximately 80 people and has a commercial kitchen and walk-in coolers. The event room has capacity for approximately 130 people. Additional site features include a detached one-car garage, three carports, two storage trailers, storage areas, lean-to sheds, and a smoker. Inventory is included in the sale.

Built in 1977, the property sits on a full city block in Oquawka, Illinois. Public water serves the site, with a septic tank for wastewater. Heating is forced air.

Key Highlights

  • Restaurant seating capacity of approximately 80, with commercial kitchen and walk‑in coolers
  • Separate event room accommodates approximately 130 people
  • Attached apartment and dedicated gaming room

Property Analytics

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Current Use

Mamas Place Bar & Pub

Suggested Use

Top Pick Auto Repair Shop Plumbing Service (Bike/Boat/Book/etc) Store Auto Parts Store Garden Center Storage Facility

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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

29
Businesses Nearby

Demographics for 61469, IL

1,802
Population
1,137
Households
1.6
Avg Household Size
51
Median Age
17%
College-Educated
91%
High-School Grad
41.2 sq mi
ZIP Area
44
Density / Sq Mi
$56,458
Median Household Income
$32,823
Median Earnings
$750
Median Rent
$104,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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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Frequently Asked Questions

What type of property is this?
Mixed-use property - Restaurant, bar, gaming room, and attached apartment accommodate several on-site functions.
Where is this mixed-use property located?
The property is located at 1002 N 7th Street Oquawka, IL.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Restaurant seating capacity of approximately 80, with commercial kitchen and walk‑in coolers; Separate event room accommodates approximately 130 people; Attached apartment and dedicated gaming room
More about this property
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