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210 N Lewis Ave

4,490 SF Retail Building Oglesby, IL 61348 $600,000 ($134/SF)

Investment Highlights

  • Close to Interstate 39
  • Minutes from Starved Rock State Park

Executive Summary

Remarks: This property at 210 N Lewis in Oglesby, IL, is a fantastic opportunity for anyone looking to open a restaurant! Its proximity to Starved Rock State Park and other state parks and activities make it ideal for attracting visitors, especially tourists looking for a meal after a day of exploring. Adjacent to I-39 and minutes to I-80 surrounded by multiple hotels and fueling stations as well as nearby Illinois Valley Community College. The spacious dining room provides plenty of room for guests, and the kitchen is vast and ready to go, which can help you get started quickly. Plus, with ample parking, you'll have no trouble accommodating both locals and visitors. It's a prime location to build a thriving dining experience! If you need help with ideas for the restaurant concept or any other specifics, contact brokers.
This restaurant is equipped with 15 booths with tables, 9 4-tops, 50 chairs, 14 bar stools, bar and back bar, reservation desk, salad bar. 3 stove tops - 6 burner gas stoves w/ ovens, 2 Vulcan, 1 Imperial, 1 grill top, 4 burner 5' flat top, 2 deep fryers, AVTEC hood, warming tray, 1 cold prep table, ice cream bar, 3 dry prep tables, 1 serving cart, refrigerator- 2 door cooler, walk-in cooler with freezer. The side bar is perfect for private events and the dining could be divided into separate dining spaces if desired. ADA Men's and Women's restrooms each with 2 stalls, 2 sinks, and baby changing station in each. Expansive 25'x42' patio for outdoor dining, plus a full basement for storage or additional dining/usage with 2 sets of egress stairs. Large signage available on the building and with the ~50' tall pylon sign viewable from the highway. Rental rate includes taxes & CAM.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,490 SF
Building Class
B
Year Built/Renovated
1978/2022
Price
$600,000
Price Per SF
$134
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Land Acres
1.00 AC
Zoning
B2
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
185 FT on Lewis Ave

Amenities

  • 24 Hour Access
  • Pylon Sign
  • Restaurant
  • Signage
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-26-300006
Land Assessment
$24,851
Improvements Assessment
$81,149
Total Assessment
$106,000
  • Listing ID: 33365382

  • Date on Market: 10/1/2024

  • Last Updated:

  • Address: 210 N Lewis Ave, Oglesby, IL 61348

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