139 E Walnut St Oglesby, IL 61348
Property profile & analytics
139 E Walnut St Oglesby, IL 61348
- Commercial real estate
- 1,824 SF
- 0.14 lot acres
Property ID
US28-4154080
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Brennan’s Bar & Grill / Bar & Pub / Restaurant
- ATM / Atm
Property Details for 139 E Walnut St
- Year built
- 1906
- Lot size
- 0.14 lot acres
- Property size
- 1,824 SF
- Property type
- Commercial real estate
- APN
- 18-36-104-027
- APU
- 1836104027
Description
This fully renovated bar and grill, located in downtown Oglesby, Illinois, presents a unique investment opportunity. The 1,824 square foot establishment, built in 1909 and completely renovated in 2024, boasts a custom-built wood bar, a spacious dining area, and a sizable 43x20 foot outdoor patio. The interior features exposed brickwork, refinished hardwood floors, and new cabinetry. The bar area measures 32x18 feet, the dining area is 29x18 feet, and the kitchen, a well-equipped 30x19 foot space, includes three warmers, a glass washer, dishwasher, three-compartment sink, three fryers, a cooktop, two prep tables, a prep cooler with table, three freezer/coolers, and a deep freezer. A brand new HVAC system, grease trap, and beer tapping system are also in place, along with new patio furniture and an awning. Ample street and off-street parking is available. The property sits on a 0.14-acre lot and is zoned B1. The asking price is $290,000, with a price per square foot of $158.99. The property is a single-unit building with one story. This sale includes the property, business, goodwill, and menu. The business generated over $250,000 in revenue in 2023 and is projected to exceed $280,000 in 2024. The current staff includes two full-time and eight part-time employees. The business will remain open during the sale process. Oglesby's strategic location, minutes from Starved Rock State Park and major highways (I-39 and I-80), offers significant tourism-driven potential. City utilities are in place. Assistance will be provided to transfer gaming machines and licensing. The property's address is 139 E Walnut St, Oglesby, IL 61348. The occupancy date is October 18, 2024.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Oglesby
- County
- Lasalle
- State
- Illinois
- Longitude
- -89.0592
- Latitude
- 41.2946
- CBSA code
- 36837
- CBSA name
- OTTAWA, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,242
$2,086
$31,439
$33,525
-
$6,258
$94,317
$100,575
