1 Marquette Ave, Oglesby, IL 61348
For Sale
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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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.