407 East Walnut Street Oglesby, IL 61348

$175,500
2
Beds
1.5
Baths
1,944
SQFT
90
$/SQFT
$175,500
2
Beds
1.5
Baths
1,944   sf
$90 / sf
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active
1/26
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Rarely available multi family or large single family property right in the heart of downtown Oglesby! The main living space is move in ready with 2 bedrooms, 1 bath, 2 living spaces, and sliding doors leading to a new deck off the kitchen. The front features a 23x34 unfinished room with a half bath that would make a beautiful large living area with high ceilings or could be transformed into a boutique, office, coffee shop, salon or in-home day care - the possibilities are endless! This oversized lot is zoned multi-family and could be a great investment opportunity and income producing property by utilizing the finished space as a 2-bedroom apartment and additionally renting out the front room as commercial space in a prime location on a busy street. Short distance to community pool and just minutes away from Starved Rock and Matthiessen State Park. Many updates such as a new 30 year roof with 10 year transferable warranty, freshly poured concrete ramp and entrance soon to be ADA accessible after railing installation, new flooring, fresh paint, light fixtures, flower boxes and deck. Original tin ceiling and walls kept in place to bring in a wow factor to your new home or business. The extra deep lot offers off-street parking and is zoned to allow another dwelling. Last but not least, add another 1500 square feet by finishing the home's full-sized basement. Come take a look at this charming, one of a kind property!

Rarely available multi family or large single family property right in the heart of downtown Oglesby! The main living space is move in ready with 2 bedrooms, 1 bath, 2 living spaces, and sliding doors leading to a new deck off the kitchen. The front features a 23x34 unfinished room with a half bath that would make a beautiful large living area with high ceilings or could be transformed into a boutique, office, coffee shop, salon or in-home day care - the possibilities are endless! This oversized lot is zoned multi-family and could be a great investment opportunity and income producing property by utilizing the finished space as a 2-bedroom apartment and additionally renting out the front room as commercial space in a prime location on a busy street. Short distance to community pool and just minutes away from Starved Rock and Matthiessen State Park. Many updates such as a new 30 year roof with 10 year transferable warranty, freshly poured concrete ramp and entrance soon to be ADA accessible after railing installation, new flooring, fresh paint, light fixtures, flower boxes and deck. Original tin ceiling and walls kept in place to bring in a wow factor to your new home or business. The extra deep lot offers off-street parking and is zoned to allow another dwelling. Last but not least, add another 1500 square feet by finishing the home's full-sized basement. Come take a look at this charming, one of a kind property!

Listed by:
@properties Christie's International Real Estate

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of @properties Christie's International Real Estate.
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Property details

Community Features

  • Community Pool
  • No HOA

Exterior features

  • Deck
  • No Pool
  • Parking Off-Street
  • Porch
  • Basement

Interior Features

  • Heat Gas

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Sep 30, 20241 mo agoPrice decreased23,000 (12%)$175,500
Sep 18, 20242 mos agoPrice decreased17,000 (8%)$198,500
Aug 11, 20243 mos agoNew on market$215,500
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