For Sale
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Property summary
This exceptional 4,472 sq. ft. restaurant in Oglesby, IL, presents a turnkey opportunity for immediate operation. Located at 210 N Lewis Ave, this single-tenant property boasts a spacious dining area with 15 booths, 9 four-top tables, and ample seating for approximately 100 guests. The expansive kitchen is fully equipped with three six-burner gas stoves with ovens (two Vulcan, one Imperial), a grill top, a four-burner five-foot flat top, two deep fryers, an AVTEC hood, a warming tray, ample prep tables, a walk-in cooler with freezer, and a two-door cooler. Additional features include a full bar with back bar, reservation desk, salad bar, ice cream bar, and a serving cart. The property also includes ADA-compliant restrooms with baby changing stations, a large 25' x 42' patio perfect for outdoor dining, and a full basement offering significant storage or expansion potential, accessible via two sets of egress stairs. Its strategic location near Starved Rock State Park and major highways (I-39 and I-80), along with its proximity to hotels, fueling stations, and Illinois Valley Community College, ensures high visibility and convenient access for both local residents and tourists. Large signage opportunities are available on the building and a ~50' tall pylon sign provides excellent highway visibility. This property is ready for immediate occupancy and presents a rare opportunity to acquire a fully operational restaurant in a high-traffic area.
Property profile
VerifiedCap rate & NOI
Current use
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Social Service Agency Charitable Organization
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Restaurant
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
Derived from the Oglesby market rent, vacancy and expense benchmarks for this use type.
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
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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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