488 E State Route 71 Oglesby, IL 61354
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. 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.


property details
Exterior Features
Utility & Building Info
Price History
date | event | price | source |
---|---|---|---|
11/14/2022
11/14/2022
|
Sold |
$135,000
|
MRED- Midwest Real Estate Data MLS |
10/10/2022
10/10/2022
|
Contingent |
$159,000
|
MRED- Midwest Real Estate Data MLS |
03/24/2022
03/24/2022
|
Active |
$159,000
|
MRED- Midwest Real Estate Data MLS |
10/09/2021
10/09/2021
|
Active |
$179,000
|
MRED- Midwest Real Estate Data MLS |
06/18/2021
06/18/2021
|
Active |
$199,900
|
MRED- Midwest Real Estate Data MLS |
Market Trends
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