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    FOR SALE
    Commercial real estate

    1 Marquette Ave, Oglesby, IL 61348

    3,150 SF 0.95 ac lot
    Entity Owned 2-yr Hold Free & Clear
    Property ID
    US28-4662902
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Total area 3,150 SF
    Lot 0.95 ac (41,382 SF)
    APN 18-35-202-002
    UPID US28-4662902
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Bldg Management Co INC · 2 yrs held
    Bldg Management Co INC
    since 2023
    2 recorded transactions
    2023
    2006
    $1.2M
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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