139 E. Walnut St., Ogelsby, IL

Retail for Sale - $279,000


Agent Info

Leah Erickson
Coldwell Banker Real Estate Group

Property Info

CIMLS#1184171
Location
  139 E. Walnut St.
  Ogelsby IL 61348
UpdatedNovember 15th, 2025
TypeRetail
Price$279,000

Property Description

Located in the heart of Downtown Oglesby this fully renovated restaurant and bar is a fan-favorite. Sit down and enjoy a cold beverage at the custom built wood bar, dine on a tasty menu item made fresh in an impeccable kitchen, or relax on the back patio accessible from the bar area. The butcher block back bar with new cabinetry, custom glass and bottle wall mounted displays, exposed brickwork, and fully refinished hardwood floors. Bar area is 32x18', dining area is 29x18', patio is 43x20', and kitchen is 30x19'. Brand new HVAC system, grease trap, beer tapping system, and patio furniture with awning. Ample street parking and adjacent off-street parking spots for staff. Kitchen equipment includes 3 warmers, glass wash, dishwasher, 3-compartment sink, 3 fryers, 1 cooktop, 2 prep tables, 1 prep cooler with table, 3 freezer/coolers and 1 deep freeze. Assistance will be provided to transfer gaming machines and licensing. Oglesby is minutes from Starved Rock State Park (~3M visitors per year), Matthiessen State Park, multiple golf courses, multiple softball and baseball field complexes, and minutes to I-39 and I-80. City utilities. 2 FT and 8 PT employees on current staff, restaurant and bar to remain open, please do not disturb staff.


Financials



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