Financial
Distress signals
Property profile

1 Marquette Ave Oglesby, IL 61348

FOR LEASE
Commercial land
Property ID
US28-4095418
0.62 ac lot
Last sale Nov 2023
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
1 Marquette Ave, Oglesby, IL 61348 For Lease
$15 SF/Yr 3,150 SF available
1 Marquette Ave, Oglesby, IL 61348
View Listing

Property summary

AI-generated overview

The property is a standalone commercial building that was historically used as a restaurant and is situated on a corner lot near the Oglesby exit off I-39. The building contains approximately 3,150 square feet and includes two drive-up service windows and a large on-site parking area. It is equipped with zoned HVAC systems. The property is zoned B2, which permits multiple commercial uses, and the listing also included the lot to the south of the building identified as PIN 18-35-202-019.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$1k
Tax billed · 2023
Assessed value$13k
Assessed land$13k
Effective rate9.67%

Value estimate

· Sep 2026
$250k
$225k – $275k
AI approach$250k
NOI build-up
Gross scheduled income$60k
Vacancy & credit loss−$4k
Operating expenses−$14k
NOI · 280,106.67% cap applied$42k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$55/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$23 – $84

Cap rate analysis

How does the asset earn?
280,106.67%
$42k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLASALLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency14.0
Auto Parts Store11.1
Wholesale Shop11.0

Location

1 Marquette Ave Oglesby, IL 61348
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Columbia, Oglesby, IL 61348 $40,000 Apr 2025 No data
Sunset, Oglesby, IL 61348 $132,500 Jan 2023 No data
2629th, Oglesby, IL 61348 $120,000 Apr 2022 No data
Oglesby, IL 61348 $15,000 Jun 2021 No data
Cr Of Walnut, Oglesby, IL 61348 $100,000 May 2021 No data
Oglesby, IL 61348 $75,000 Feb 2021 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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