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Off market
  • $178,000

    488 E State Route 71, Oglesby, IL 61348

    --beds
    0baths
    --sqft
    MultiFamily
    Built in 1926
    -- sqft lot
    $178,000 Zestimate®
    $--/sqft
    $1,091 Estimated rent

    Home value

    $178,000

    $162,000 - $198,000

    $1,091/mo

    Zestimate® history
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    Owner options

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    $1,091/mo

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    $1,091/mo

    Rent Zestimate®

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    $1,260/mo

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    $1,260/mo

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    What's special

    Location, location, location! An opportunity like this does not come around often! Now is your chance to own a restaurant/bar location that features a fully remodeled apartment in 2020 on the 2nd level, adjacent parking lot AND a fully remodeled (in 2020) and rented home right next door! 3 Parcels total. All equipment for the restaurant remains. Main floor features an oversized bar area (988 sq/ft) with separate entrance. Main dining room (900 sq/ft) with separate entrance. Full kitchen (779 sq/ft) with basement (1257 sq/ft) and lower level office access. Multiple walk-in coolers. 2nd floor 2 BR 1 full bath apartment (566 sq/ft) can be rented or utilized by the owner. Apartment features private exterior entrance with the ability to access the restaurant as well. Adjacent parking lot has abundant parking. Add in the currently rented home (888 sq/ft) which includes all appliances, has been remodeled, resided and more. What an opportunity to have income flowing from the rentals immediately while making the restaurant location YOURS. Located just 6 minutes from the ever so popular Starved Rock State Park and Lodge. Less than 1/4 mile from the Illinois River and with a combined traffic count of just under 10,000 cars daily, this location is prime.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Cooling
    • Central

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1926

    Community & neighborhood

    Location
    • Region: Oglesby

    Price history

    DateEventPrice
    11/14/2022Sold$135,000-24.6%
    Source: Agent Provided
    12/9/2021Listing removed--
    Source: BHHS broker feed
    12/8/2021Listed for sale$179,000
    Source: BHHS broker feed #11128793

    Public tax history

    Tax history is unavailable.

    Neighborhood: 61348

    Nearby schools

    GreatSchools rating
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    An equal housing lender. NMLS #10287.