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For Sale

129 W Walnut St

129 W Walnut St, Oglesby, IL 61348

Discover the allure of Oglesby, IL, a charming town surrounded by natural beauty and modern conveniences. Situated in the heart of Illinois, the area offers a tranquil escape with quick access to various attractions, making it an ideal investment opportunity for Multifamily/High-Rise investors. Enjoy proximity to Starved Rock State Park, a stunning natural expanse drawing millions of visitors annually, as well as the historic Illinois Valley Area. The property offers a unique blend of serenity and urban accessibility, appealing to residents seeking a balanced lifestyle. With its promise of outdoor adventures and local culture, Oglesby is a prime location for multifamily and high-rise investment.Discover an exceptional investment opportunity with this impressive multifamily property in Oglesby, IL. Built in 1916, the 3,216 SF building features 5 units, making it an ideal choice for a Mid-Rise investor seeking a historic yet lucrative asset. Zoned B1, the property offers versatile usage options and is strategically positioned to capitalize on the thriving local market. Each unit boasts a unique charm, and the property's timeless appeal makes it an attractive prospect for investors looking to expand their portfolio. With its solid income potential and prime location in the Oglesby area, this property represents a promising and enduring investment opportunity for multifamily and mid-rise investors.

Key features

  • (4) Rental units
  • 3 Car Garage
  • 4 separate rental units and large 3 car garage
  • 9” ceilings
  • ADA compliant
  • All new Windows
  • Asking Price: $165,000
  • Concrete Parking lot
  • Home of Starved Rock State Park 2.8 Million visitors annually
  • Investment Property for Redevelopment and Renovation
  • Less than one mile from Route 39 Interchange
  • Main Street Oglesby near City Hall, Banks & Restaurants
  • Newer AC Compressors
  • Rentable Area: 2,960 sf
  • Separate entrances for (4) Units
  • Unit A First Floor Frontage Retail / Office, 800 sf
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Jon Chamlin

Cawley Commercial Real Estate

Building Details

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 3,216 SF
  • Units 5
  • Lot Size 0.29 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1916
  • Date Updated Mar 25, 2026

Getting Around

  • Walk Score ®

    Somewhat Walkable (58)
  • Bike Score ®

    Somewhat Bikeable (41)
Powered by Walk Score ®

Location

  • City Oglesby, IL
  • Neighborhood Oglesby
  • Zip Code 61348

Points of Interest

Becks

0.74 miles

BP

0.83 miles

Shell

0.86 miles

Love's

1.26 miles

Speedway

1.36 miles

Tesla Supercharger

4.99 miles

Flying J

5.43 miles

Parking #13 @ Starved Rock

1.51 miles

Parking #14 @ Starved Rock

1.69 miles

Dells Area @ Matthiessen State Park

1.90 miles

Parking #15 @ Starved Rock

1.96 miles

Horseback Parking

2.33 miles

Parking #16 @ Starved Rock

2.35 miles

Parking #17 @ Starved Rock

2.97 miles

Parking #18 @ Starved Rock

3.00 miles

Parking #19 @ Starved Rock

3.62 miles

Burger King

0.74 miles

Subway

0.86 miles

Taco Bell

0.86 miles

McDonald's

0.87 miles

Hardee's

1.30 miles

The Dog House

2.81 miles

Bella's Pizza

2.83 miles

Mickey's Massive Burritos

2.90 miles

Mr. J's Restaurant

2.91 miles

Save-A-Lot

3.33 miles

ALDI

4.27 miles

Hy-Vee

5.01 miles

Peru Mall

5.43 miles

Big Lots

5.51 miles

Target

5.81 miles

Kohl's

6.15 miles

Walmart Supercenter

6.27 miles

Oglesby Fire Station

0.38 miles

LaSalle Fire Department

3.01 miles

Illinois Valley Community Hospital

4.05 miles

CVS Pharmacy

4.22 miles

Walgreens

4.26 miles

Finkelstein Eye Associates

4.26 miles

Illinois State Police Troop 2 - La Salle Post

5.08 miles

Saint Margaret's Hospital

7.17 miles

Spring Valley Police Department

7.36 miles

129 W Walnut St Listing Summary

  • What is the asking price at 129 W Walnut St?

    The asking price for 129 W Walnut St is currently available on demand. Contact the listing broker for details.

  • What is the total size of 129 W Walnut St?

    129 W Walnut St has a total of 3,216 square feet.

  • What is the year built for 129 W Walnut St?

    The year built for 129 W Walnut St is 1916.

Contact Listing Broker
broker
Jon Chamlin

Cawley Commercial Real Estate

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