For Sale
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Property summary
This exceptional commercial property, located at 1 Marquette Avenue in Oglesby, presents a unique opportunity for a discerning tenant. Situated on a prominent corner near the I-39 Oglesby exit, this former Burger King restaurant boasts high visibility and easy access. The building offers a generous 3,150 square feet of space, all on one level, making it ideal for a variety of retail or restaurant uses. Key features include two convenient drive-up windows, a substantial asphalt parking lot to accommodate ample customer parking, and multiple heating and cooling zones for optimal climate control throughout the space. The property is zoned for commercial use and benefits from a robust electrical supply of 201-600 amps. The building is available for lease at a monthly rate of $6,500. In addition to the base rent, the tenant is responsible for real estate taxes and building maintenance. This is a rare opportunity to secure a well-located, spacious commercial property in a thriving area. The property's size, location, and amenities make it an attractive option for businesses seeking a strong presence in the Oglesby market. Contact us today to schedule a viewing.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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