$190,000
SOLD AUG 13, 2026

580 W Walnut St Oglesby, IL 61348

Oglesby Area
2.27 Acres
$83,700 Price per Acre
98,881 Sq Ft Lot

Sale Details

Date Sold: August 13, 2026

21% Below List Price

189 Days on Market

About This Lot

As of August 2026

This 2.27-acre commercial lot is approximately a quarter mile from the I-39 interchange in Oglesby, offering outstanding access and visibility. Located in a TIF district and with all municipal utilities to the site, it's development-ready for a variety of commercial uses. The property is a rectangular shape with high traffic counts and close proximity to Starved Rock State Park, which attracts millions of visitors annually. A natural buffer at the rear separates the lot from nearby residential areas-offering added privacy and flexibility for retail, service, or hospitality development. An additional lane along the roadway in front of the property provides added convenience for traffic flow, deliveries, or customer access - an ideal feature for commercial development. Great opportunity in a growing corridor with strong infrastructure and tourism-driven traffic.

Last Agent to Sell the Property

Patricia Walters

Executive Realty Group LLC Brokerage Phone: (815) 488-3256 License #475131703 Listed on: 07/15/2025

Executive Realty Group LLC

Last Buyer's Agent

Non Member

NON MEMBER

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Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,439

Lot Details

  • 2.27 Acre Lot
  • Lot Dimensions are 400x195x375x250
  • Property is zoned COMMR

Utilities

  • Electricity To Lot Line

Property Details

Property Type

Land

Est. Annual Taxes

$3,439

Lot Details

2.27 Acres

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Agricultural
  • Road Surface Type: Asphalt
  • General Information: None
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Attribution Contact: (815) 488-3256
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Frontage Type: City Street
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 2.27
  • Lot Dimensions: 400X195X375X250
  • Zoning: COMMR
  • Lot Size: 2.0-2.99 Acres
  • Special Assessments: N
  • Subdivision Lot Number: SUB LOT A

Rental Info

  • Board Number: 5

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 3438.8
  • Tax Year: 2024

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/13/2026 08/13/26 Sold $190,000 -20.8% --
01/20/2026 01/20/26 Pending -- -- --
01/16/2026 01/16/26 For Sale $240,000 +26.3% --
01/11/2026 01/11/26 Off Market $190,000 -- --
07/15/2025 07/15/25 For Sale $240,000 -- --
Source: Midwest Real Estate Data (MRED)

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12421322

Midwest Real Estate Data (MRED)
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