Restaurant Building with Private
For Sale
$175,000
Pending
309 East Walnut Street, Oglesby, IL 61348
Operating restaurant with a furnished dining setup, equipped kitchen, bar, patio, and gaming area.
Property Size11,050 SF
Days on Market758
Property Features for 309 East Walnut Street
General Information
Standard status
Pending
Size
11,050 SF
Zoning
COMMR
Restaurant
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$1,974
Building Details
Year Built
1909
Stories
2
Listing Agency:
HomeSmart Realty Group
(815) 252-3113
Listed By:
Tammy Barry · License #475168055
(815) 252-3113
Source:
Compass
Added: Aug 4, 2024
Changed: Aug 30
Last Checked: Aug 31 at 1:51AM
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 HomeSmart Realty Group
Investment Insights
Based on property information with market context.
This 11,050-square-foot restaurant building, constructed in 1909, is currently operating and includes furnishings, fixtures, kitchen equipment, and dining-area improvements. Interior amenities include a bar with seating for 15 stools, two separate dining rooms, and a dedicated gaming section. Outdoor patio seating extends the available customer areas.
The property includes a private parking lot with capacity for over 20 cars. It is positioned on Route 178, less than 3 miles from Interstate 39, and carries COMMR zoning. The address is 309 East Walnut Street in Oglesby, Illinois.
The upper level contains two bedrooms and 1.5 baths. A small kitchenette could be added to create a potential rentable living area. The restaurant conveys with its furnishings and fixtures, along with the kitchen and dining equipment.
The property includes a private parking lot with capacity for over 20 cars. It is positioned on Route 178, less than 3 miles from Interstate 39, and carries COMMR zoning. The address is 309 East Walnut Street in Oglesby, Illinois.
The upper level contains two bedrooms and 1.5 baths. A small kitchenette could be added to create a potential rentable living area. The restaurant conveys with its furnishings and fixtures, along with the kitchen and dining equipment.
Key Highlights
- 11,050‑square‑foot restaurant building constructed in 1909
- Private parking lot accommodating over 20 cars
- Bar seating for 15 stools, two dining areas, patio, and gaming section
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
176
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
3,608 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant with a furnished dining setup, equipped kitchen, bar, patio, and gaming area.
Where is this conventional restaurant located?
The property is located at 309 East Walnut Street Oglesby, IL.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: 11,050‑square‑foot restaurant building constructed in 1909; Private parking lot accommodating over 20 cars; Bar seating for 15 stools, two dining areas, patio, and gaming section
