590 W Walnut St Oglesby, IL 61348
Estimated payment $1,552/month
About This Lot
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.
Property Details
Property Type
- Land
Est. Annual Taxes
- $3,439
Lot Details
- 2.27 Acre Lot
- Lot Dimensions are 400x195x375x250
- Property is zoned COMMR
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/15/2025 07/15/25 | For Sale | $240,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12421322
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