$60,000
SOLD AUG 15, 2025

314 E Walnut St Oglesby, IL 61348

-- Bed
-- Bath
1,640 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$37 Per Sq Ft

14% Below List Price

101 Days on Market

About This Home

As of August 2025

This well-maintained, multi-purpose building is a fantastic opportunity located in the heart of downtown Oglesby, Illinois, just minutes from the scenic beauty of Starved Rock State Park. Offering a perfect blend of commercial and residential space, this property is ideal for investors, business owners, or those seeking a live/work arrangement. The main level features a spacious storefront with excellent visibility on Main Street. Large display windows provide ample natural light and a prime opportunity for showcasing a business. Whether used for retail, office space, or another commercial endeavor, the layout is flexible to accommodate various needs. Behind the building, a large garage with alley access offers additional value, complete with a concrete driveway and off-street parking for approximately five vehicles. This space is perfect for business owners needing extra storage or tenants seeking convenient parking options. The upper level boasts a charming and well-maintained two-bedroom apartment. This darling living space is bright and inviting, making it an excellent option for an owner-occupant or as a rental unit to generate additional income. The combination of commercial and residential elements makes this property a versatile investment with endless possibilities. With its prime location, solid structure, and income potential, this downtown Oglesby building is a rare find. Don't miss out on this unique opportunity-contact us today to schedule a showing!

Last Agent to Sell the Property

Wendy Fulmer

Coldwell Banker Today's License #475139342 Listed on: 04/02/2025

Coldwell Banker Today's

Last Buyer's Agent

Christine Hopps

Coldwell Banker Today's License #475124292

Coldwell Banker Today's

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $358

Lot Details

  • Property is zoned Commercial

Home Design

  • Brick Exterior Construction
  • Fire Rated Drywall
  • Stucco Exterior

Interior Spaces

  • 1,640 Sq Ft Home
  • Carpet
  • Unfinished Basement
  • Partial Basement

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Water Heater

Property Details

Property Type

Other

Est. Annual Taxes

$358

Lot Details

0

Listing Details

  • Electric: Circuit Breaker
  • Class: COMMERCIAL/INDUSTRIAL
  • Exemptions: None
  • Type: Business/Retail
  • Agent Only_ L A1 User Code: 111413
  • Hold Earnest Money Y N: Yes
  • Designated Managing Broker Y N: No
  • Assessor Parcel Number: 1825404032
  • Sprinkler Yn: No
  • Special Features: None
  • Property Sub Type: Other

Interior Features

  • Walls: Drywall
  • Insulation: Unknown
  • Basement: Partial Bsmt Unfinished
  • Total Finished Sq Ft: 1640
  • Flooring: Carpet

Exterior Features

  • Exterior: Brick, Stucco
  • Roof: Other

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Natural Gas
  • Air Conditioner: Central
  • Heat: Gas Forced Air

Tax Info

  • Year: 2023
  • Taxes: 358

Multi Family

  • Lease: No

MLS Schools

  • School District: 125-Oglesby Public Schools

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
Aug 15, 2025
Sold by
Zywica Bonnie Joan
Bought by
Henry Kevin S
Seller's Agent
Wendy Fulmer
Coldwell Banker Today's
Buyer's Agent
Christine Hopps
Coldwell Banker Today's
List Price
$69,500
Sold Price
$60,000
Premium/Discount to List
-$9,500
-13.67%
Views
32
Current Estimated Value
$60,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$405
Avg. Annual Appreciation
1.74%
Original Mortgage
$48,000
Outstanding Balance
$47,958
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$12,447
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $48,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/15/2025 08/15/25 Sold $60,000 -13.7% $37 / Sq Ft
07/12/2025 07/12/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $69,500 -- $42 / Sq Ft
Source: NorthWest Illinois Alliance of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $246 $14,936 $3,440 $11,496
2023 $359 $15,221 $4,764 $10,457
2022 $245 $14,359 $4,494 $9,865
2021 $276 $14,359 $4,494 $9,865
2020 $269 $14,359 $4,494 $9,865
2019 $289 $14,359 $4,494 $9,865
2018 $283 $14,359 $4,494 $9,865
2017 $282 $14,359 $4,494 $9,865
2016 $297 $14,359 $4,494 $9,865
2015 -- $14,359 $4,494 $9,865
2012 -- $14,359 $4,494 $9,865
Source: Public Records

Agents Affiliated with this Home

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Map

Source: NorthWest Illinois Alliance of REALTORS®

MLS Number: 202503301

NorthWest Illinois Alliance of REALTORS®

APN: 18-25-404032