129 W Walnut St

For Sale

129 W Walnut St, Oglesby, IL 61348

This Oglesby property for sale is located at 129 W Walnut St. Contact the listing broker for details on the current sale price for 129 W Walnut St. 129 W Walnut St is situated on a lot that is 0.29 acre in size.

Contacts

Jon Chamlin

Cawley Commercial Real Estate

Property Details

  • 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
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.
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Highlights

  • (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

Getting around

  • 58/100

    Walk Score ®

  • 41/100

    Bike Score ®

Powered by Walk Score ®

Location

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

Points of Interest

  • City Cab

    3.20 miles

  • Casey's General Store

    0.32 miles

  • 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 #12 @ Starved Rock

    1.32 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

  • Days Inn by Wyndham Oglesby/Starved Rock

    0.82 miles

  • Best Western Oglesby Inn

    0.91 miles

  • Grizzly Jacks Grand Bear Resort

    2.99 miles

  • Starved Rock Lodge

    3.90 miles

  • Fairfield Inn Peru

    5.85 miles

  • La Quinta Inn Peru Starved Rock State Park

    5.92 miles

  • Hampton Inn & Suites

    5.97 miles

  • Super 8 by Wyndham Peru Starved Rock State Park

    6.16 miles

  • Quality Inn Peru near Starved Rock State Park

    6.18 miles

  • Holiday Inn Express - Peru

    6.25 miles

  • Valley Food Center

    3.21 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

Contact Listing Broker
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