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Flex Space with Two Buildings
For Sale
$165,000

121 N Columbia Ave, Oglesby, IL 61348

The property pairs a heated office area and overhead-door access with a separate building served by forced-air heat.

Property Size3,540 SF
Lot Size0.62 Acres
Price / SF$46.61
Days on Market10

Property Features for 121 N Columbia Ave

General Information

Standard status Active
Size 3,540 SF
Lot size 0.62 Acres
Property subtype Commercial

Additional Details

Drive-In Doors 3

Building Details

Year Built 1979
Buildings 2
Listing Agency: Coldwell Banker Today's
Listed By: Thomas Templeton · License #475190082
Source: Searchillinoishomesforsale
Added: Oct 18 Changed: Oct 25 Last Checked: Oct 26 at 4:44PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Today's

Rey
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Investment Insights

Based on property information with market context.

Two buildings provide a combined 3,540 square feet on approximately 0.62 acres. The 2,100-square-foot structure measures 60 by 35 feet and includes three overhead garage doors and a heated office area. A second building measures 40 by 36 feet, totals 1,440 square feet, and has forced-air heat. The property was built in 1979 and is located at 121 N Columbia Ave in Oglesby, Illinois. A former tenant has indicated interest in staying, presenting a possible continuation of occupancy.

Key Highlights

  • Two buildings totaling 3,540 square feet on approximately 0.62 acres
  • 60' x 35' building with 2,100 sq. ft., three overhead garage doors, and a heated office area
  • 40' x 36' second building with 1,440 sq. ft. and forced‑air heat

Property Analytics

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Current Use

River Bum Rafting Rafting

Suggested Use

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

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

3
Drive-in doors

Location Intelligence

Trade Area within ½ mile

264
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The property pairs a heated office area and overhead-door access with a separate building served by forced-air heat.
Where is this flex space located?
The property is located at 121 N Columbia Ave Oglesby, IL.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Two buildings totaling 3,540 square feet on approximately 0.62 acres; 60' x 35' building with 2,100 sq. ft., three overhead garage doors, and a heated office area; 40' x 36' second building with 1,440 sq. ft. and forced‑air heat
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