139 E Walnut Street
Oglesby, IL, 61348 $ 279,000
Bedrooms-- Baths-- Sq 1,824 Monthly Estimate*
$ 1,741
for $279,000. This 1,824 square foot building was built on a lot size of 0.135882.
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. EM payable via certified funds payable to Coldwell Banker Real Estate Group.
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Commercial ActiveBar/Tavern/Lounge,Restaurant
FeaturesGeneralCooling Central Air
Utilities Electricity Available Natural Gas Available Cable Available
Possession Closing Negotiable
Zoning RTAIL
Construction Materials Brick Stone
Electric Service - 101 to 200 Amps
Tenant Pays Taxes Insurance Repairs Roof Sewer
Stories Count 1
Tax Year 2023
Business Type Bar/Tavern/Lounge Restaurant
Business Name BRENNAN'S BAR & GRILL
County LaSalle
Operating Expense 182692
Property Type Business Opportunity Bus / Bus w/Real Est
Possible Use Commercial Recreational Retail
Status Active
Directions From I-39 take Walnut Street east towards Downtown Oglesby. The property is on the south side of the road just past the large city parking lot.
City Oglesby
MLS Area Jonesville / Oglesby / Vermilionville / Piety Hill
Lot Size Square Feet 5919
Tax Annual Amount 3242
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
Ownership Type LLC
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ExteriorWater Source Municipal Water
Building Area Total 1824
Lot Dimensions 23.5X167
Frontage Type City Street
Waterfront Y/N N
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* Excluded FeaturesList ByColdwell Banker Commercial Real Estate GroupBroker
lerickson@cbcregroup.com; lerickson@cbcregroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,741
- Monthly Property Taxes
- $270
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Oglesby, IL
Average List Price $292,933
Percent of Sale Price 5%
About Oglesby, IL 3,775 Population
3% Since 2002
$ 51,833 Median Income
41.02 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/8/2025 | $279,000 | -3.79% | Price Down |
| 11/15/2024 | $290,000 | | Listed Price |