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407 E Walnut Street

Oglesby, IL 61348

2 beds
1 bath
1,944 sqft
14,697 sqft lot
$77 per sqft
1886 build
– on site

Turn your time into equity! SO MANY OPTIONS! This nearly 2000 sq ft building is conveniently sitting on a 71x 207 ft lot right on the edge of Oglesby business district. It has driveway in back. Although it is zoned R-3 the city said they are open to discussing zoning changes because it is ajacent to the commerical district. Which means it possibly is included in the new Grant program that is set to improve Oglesby downtown..If you are not aware of this program give me a call. Oglesby officials are great to work with and there could be up to $25,000 available to make your dreams come true. There is a recently updated 2 bedroom, 1 bath apartment ready to move into! Apartment is approx 1150 sq ft -- And wait until you see the historical 23x34 area in front that used to be a bar, with its own a half bath, historical built ins, tin ceiling and great wood work. The possibilities are endless! Short distance to community pool and just minutes away from Starved Rock and Matthiessen State Park & I-80. Many updates such as a completely replaced 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. Great Basement!!!! Come take a look at this charming, one of a kind property! Call me for private showing.

Listing courtesy of MRED / Starved Rock Realty as distributed by MLS GRID

Last checked: Checking… • Last updated Jan 29, 2025 •

MLS# 12272114 —

The Building

Year Built:

1886
Rebuilt:

No
New Construction:

false
Roof:

Asphalt
Basement:

Full
Foundation Details:

Concrete Perimeter
Exterior Features:

Deck, Porch
Disability Access:

No
Other Equipment:

Ceiling Fan(s)
Living Area Source:

Other

Interior

Room Type:

Bonus Room
Rooms Total:

6
Laundry Features:

Gas Dryer Hookup, Electric Dryer Hookup, In Unit

Room Dimensions

Living Area:

1944

Location

Directions:

East on Walnut, building on south side.
Location:

82045

The Property

Parcel Number:

1836202027
Property Type:

Residential
Location:

C
Lot Features:

Irregular Lot
Lot Size Dimensions:

71X207
Rural:

N
Waterfront:

false

Listing Agent

Contact info:

Taxes

Tax Year:

2023

Beds

Bedrooms Total:

2
Bedrooms Possible:

2

Baths

Baths:

1
Full Baths:

1

The Listing

Special Listing Conditions:

None

Heating & Cooling

Heating:

Natural Gas, Steam
Cooling:

Window/Wall Units - 2

Utilities

Sewer:

Public Sewer
Electric:

Circuit Breakers
Water Source:

Public

Appliances

Appliances:

Range, Refrigerator

Schools

Elementary School District:

125
Middle Or Junior School District:

125
High School District:

120

The Community

Community Features:

Park, Pool, Curbs, Sidewalks, Street Lights, Street Paved
Association Fee Includes:

None
Association Fee Frequency:

Not Applicable
Master Assoc Fee Frequency:

Not Required

Parking

Parking Total:

2
Parking Features:

Off Street
Parking Onsite:

Yes

Monthly cost estimate

Asking price

$149,900

Expense	Monthly cost
Mortgage	$802
Taxes	N/A
Insurance	$41
Utilities	$195 See report
Total	$1,038/mo.^*
	^*This is an estimate

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Sale history

Date	Event	Source	Price
1/23/25 Jan 23, 2025	Listed / Active	MRED	$149,900
9/30/24 Sep 30, 2024	Price Changed	MRED
9/18/24 Sep 18, 2024	Price Changed	MRED

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This house located in Oglesby, IL 61348 is currently for sale for $149,900. 407 E Walnut Street is a 1,944 square foot house with 2 beds and 1 bath that has been on Estately for 9 days. This house is in the attendance area of Washington Junior High School and Lincoln Elementary School.

Listing courtesy of MRED, Starved Rock Realty, and Delores Barrera as distributed by MLS GRID.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Signal Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC
Information deemed reliable but not guaranteed by MLS GRID. Use of MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to MLS GRID as of Jan 29, 2025, 06:11 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.