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    Property profile & analytics

    497 Walnut St Oglesby, IL 61348-1292

    • Commercial real estate
    • 2,316 SF
    • 0.27 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Jun 26, 2020
    Location Intelligence
    Property ID
    US28-3747066
    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.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 497 Walnut St

    Lot size
    0.27 lot acres
    Property size
    2,316 SF
    Property type
    Commercial real estate
    APN
    18-36-209-011
    APU
    1836209011

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Oglesby
    County
    Lasalle
    State
    Illinois
    Longitude
    -89.0501
    Latitude
    41.2948
    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
    $1,208
    $1,913
    $10,578
    $12,491
    -
    $5,739
    $31,734
    $37,473

    Comparable in this City

    • Value Estimation by Request
      101.91 Acres

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      Land • 101.91 Acres
      251 & Richard Moyle Sr. Hwy, Oglesby, IL 61348
      View Details
    • Value Estimation by Request
      3.11 Acres

      803 25th Rd

      COMMERCIAL (GENERAL) • 3.11 Acres
      803 25th Rd, Oglesby, IL 61348-9529
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      320 SF

      2078 1079th Rd

      COMMERCIAL (GENERAL) • 320 SF
      2078 1079th Rd, Oglesby, IL 61348
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      2,192 SF

      410 Clark St

      COMMERCIAL (GENERAL) • 2,192 SF
      410 Clark St, Oglesby, IL 61348-1106
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      1,260 SF

      207 Walnut St

      COMMERCIAL (GENERAL) • 1,260 SF
      207 Walnut St, Oglesby, IL 61348-1203
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    • Value Estimation by Request
      2,112 SF

      313 Walnut St

      COMMERCIAL (GENERAL) • 2,112 SF
      313 Walnut St, Oglesby, IL 61348-1205
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      101.91 Acres

      Prime Oglesby Industrial Land

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      View Details
    • $416,040
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      Prime Oglesby Farmland Investment

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    • $1,610,000
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      Prime Oglesby Industrial Land

      32.2 Acres, I-39 Access, M1 Zoning
      0 4Th Rd, Oglesby, IL 61348
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    • $5,095,500
      101.91 Acres

      Prime Oglesby Industrial Land

      101.91 Acres, Light Industrial Zoning
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    • $290,000
      1,824 SF

      Oglesby Bar & Grill - Turnkey Operation

      Fully renovated bar & grill, prime location.
      139 Walnut St, Oglesby, IL 61348
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    Similar Nearby for Lease

    • $13 SF/Yr
      775 SF

      Oglesby Office Space For Lease

      Office space available for lease in Oglesby, Illinois.
      345 N Lewis Ave, Oglesby, IL 61348
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    • $24 SF/Yr
      57,499 SF

      Former Restaurant Near I-39 Exit

      Former Burger King restaurant with drive-thru near I-39.
      1 Marquette Ave, Oglesby, IL 61348
      View Details
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    Oglesby, IL 61348-1292
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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