Back to Search
Development-Ready Commercial Land Parcel

580 West Walnut Street Oglesby, IL 61348

580 West Walnut Street, Oglesby, IL, 61348
$240,000
Pending
For Sale
$240,000
Pending

Rectangular commercial lot with municipal utilities, TIF status, and convenient roadway access near the I-39 interchange.

Lot Size2.27 Acres
Days on Market374

Property Features for 580 West Walnut Street

General Information

Standard status
Pending
Lot size
2.27 Acres
Property subtype
Land
Listing agency Executive Realty Group LLC
Listed by Patricia Walters · License #475131703
Source Compass
Added: Jul 14, 2025 Updated: Jul 22 at 2:52AM Checked: Jul 22 at 2:52AM

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 Executive Realty Group LLC


Investment Insights

Based on property information with market context.

This development-ready commercial lot is 2.27 acres and has a rectangular shape suited for a range of commercial projects. The property is located in a TIF district and includes all municipal utilities to the site. A natural buffer at the rear separates the lot from nearby residential areas, helping support privacy and site flexibility.

The parcel is approximately a quarter mile from the I-39 interchange in Oglesby, with access and visibility designed for high customer demand. An additional lane along the roadway in front of the property is intended to support traffic flow, deliveries, and customer access. The lot is also in close proximity to Starved Rock State Park, which attracts millions of visitors annually.

Key Highlights

  • 2.27‑acre rectangular commercial lot near the I‑39 interchange in Oglesby, about a quarter mile away
  • Located in a TIF district with all municipal utilities to the site for development‑ready use
  • Roadway front includes an additional lane for traffic flow, deliveries, or customer access

Property Analytics

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage HVAC Service Big Box & Wholesale Store Auto Parts Store Nail Salon Skin Care Clinic Hair Salon Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Rectangular commercial lot with municipal utilities, TIF status, and convenient roadway access near the I-39 interchange.
Where is this commercial land located?
The property is located at 580 West Walnut Street Oglesby, IL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2.27‑acre rectangular commercial lot near the I‑39 interchange in Oglesby, about a quarter mile away; Located in a TIF district with all municipal utilities to the site for development‑ready use; Roadway front includes an additional lane for traffic flow, deliveries, or customer access
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message