209 W Oak Street Watseka, IL $ 139,900
209 W Oak Street
$ 139,900
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209 W Oak Street

Watseka, IL, 60970
$ 139,900
Bedrooms-- Baths-- Sq 5,324

Monthly Estimate*

$ 873

209 W Oak Street, Watseka, IL 60970 - Image 1
209 W Oak Street, Watseka, IL 60970 - Image 2
209 W Oak Street, Watseka, IL 60970 - Image 3
209 W Oak Street, Watseka, IL 60970 - Image 4
209 W Oak Street, Watseka, IL 60970 - Image 5
209 W Oak Street, Watseka, IL 60970 - Image 6
209 W Oak Street, Watseka, IL 60970 - Image 7

Commercial Property for sale in Watseka, IL

for $139,900. This 5,324 square foot building was built in 1951 on a lot size of 0.180051.

Here's your opportunity to own a banquet hall and catering service! This attractive facility features both a bar and a dance floor, with a spacious 49x80 hall that has a maximum capacity of 330 guests. The kitchen is state-inspected and licensed, allowing for catering at auctions, festivals, golf outings, business events, and more! Everything you need to start making money from day one is included in the sale. You don't need to be a professional caterer to invest in this operation-there are cooks and bakers who require a licensed kitchen to rent, and many events will bring in their own caterers. Additionally, there is a small 12x20 meeting room that can be used for smaller gatherings or converted into a retail space for baked goods, as it has a separate entrance. Significant updates and investments have been made in this building, including improvements to heating and cooling systems, surround sound, carpeting, and bathrooms. Call for more information and to schedule a showing!

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Commercial Active

Price

$ 139,900

Property Type

Commercial

Taxes

$ 1,600

Style

Lot Size

0.180051

Year Built

1951

Town/City

Watseka

County/Region

Iroquois

MLS | Web ID

12287599

Features
General
Cooling Central Air
Roof Rubber
Zoning OTHER
Construction Materials Brick
Year Built 1951
Electric Circuit Breakers
Tenant Pays Other
Stories Count 1
Township Middleport
Property Subtype Mixed Use
Tax Year 2023
Gross Income 0
County Iroquois
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Walnut St (Rt 24) to 2nd; north to the corner of 2nd and Oak.
City Watseka
Number Of Units Total 1
MLS Area Watseka
Lot Size Square Feet 7843
Tax Annual Amount 1600
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 1500
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Exterior
Building Area Total 5324
Lot Dimensions 52.29X150
Frontage Type City Street
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* Excluded Features
List By
Berkshire Hathaway Homeservices Speckman Realty

Broker

rlocalrealtor@gmail.com

Email

Affordability Calculator

$1,006
Per Month
87%
13%
0%
Monthly Principal & Interest
$873
Monthly Property Taxes
$133
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.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2025$139,900 -6.67% Price Down
2/10/2025$149,900 Listed Price

Map


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209 W Oak Street, Watseka, IL, 60970 is a Commercial Property for sale at $139,900 with 5,324 sqft and a lot size of 0.180051. 209 W Oak Street was built in 1951. The property's zip code is 60970 which is in Watseka, IL