For Sale
$450,000

1 Marquette Ave Oglesby, IL 61348

Prime I-39 location, 3150 sq ft restaurant.

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional 3,150-square-foot restaurant property, located at 1 Marquette Avenue in Oglesby, Illinois, presents a compelling investment opportunity. Priced at $450,000, this single-story building sits on a sizable 42,500-square-foot lot (APN 1835202002) and boasts a highly desirable B2 zoning classification, allowing for multiple potential uses. The property's former life as a Burger King is complemented by key features including two convenient drive-up windows, a spacious paved parking lot, and an attractive atrium area. Its strategic location offers immediate access to Interstate 39, placing it seconds from a major thoroughfare and ensuring high visibility. The building features central air conditioning and circuit breaker electricity. The interior space offers approximately 3,150 square feet of net rentable area, translating to a price per square foot of $142.86. Tenant expenses vary. The property benefits from its proximity to other retail establishments and restaurants, further enhancing its potential for success. Low real estate taxes add to the financial attractiveness of this opportunity. All offers will be considered.

Highlights

  • $450,000 asking price for a 3,150 SF retail/mixed-use restaurant building.
  • Located seconds from I-39 with ample paved parking.
  • Features two drive-thru windows and an attractive atrium.
  • Former Burger King location with B2 zoning.
  • Low real estate taxes.

Property Details for 1 Marquette Ave

Property type
Retail properties, Restaurants
Square Feet
3,150 SF
Stories
1

Location Insight

City
Oglesby
County
LaSalle
State
Illinois
Latitude
41.2946507
Longitude
-89.0760706

FAQs

What type of property is this?
Retail property - Prime I-39 location, 3150 sq ft restaurant.
Where is the retail property located?
The property is located at 1 Marquette Ave Oglesby, IL.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: $450,000 asking price for a 3,150 SF retail/mixed-use restaurant building.; Located seconds from I-39 with ample paved parking.; Features two drive-thru windows and an attractive atrium.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1 Marquette Ave
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