580 W Walnut Street, Oglesby, IL
  • $240,000

Description

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.

  • Listing Courtesy of: Executive Realty Group LLC

Details

Updated on June 18, 2026 at 4:35 pm
  • Property ID MRD12421322
  • Price $240,000
  • Land Area 2.27 Acres
  • Property Type Land
  • Property Status Active Under Contract
  • Parcel Number 1826421002
  • MLS Status Contingent
  • Days On Market 189
  • Living Area 2.27
  • Cumulative Days On Market 286
  • Tax Annual Amount 3438.8
  • Directions I-39 east about one-quarter mile to property, which is located on the north side of the street. Property is adjacent to the west side of Alliance Dental Group.
  • Zoning COMMR
  • Address 580 W Walnut Street
  • City Oglesby
  • State/county IL
  • Zip/Postal Code 61348
  • Country United States

Overview

Property ID: MRD12421322
  • Land
  • Property Type

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