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$190,000
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Property Description
This 2.27-acre commercial lot is approximately a quarter mile from the I-39 interchange in Oglesby, offering outstanding access and visibility. Located in a TIF district and with all municipal utilities to the site, it's development-ready for a variety of commercial uses. The property is a rectangular shape with high traffic counts and close proximity to Starved Rock State Park, which attracts millions of visitors annually. A natural buffer at the rear separates the lot from nearby residential areas-offering added privacy and flexibility for retail, service, or hospitality development. An additional lane along the roadway in front of the property provides added convenience for traffic flow, deliveries, or customer access - an ideal feature for commercial development. Great opportunity in a growing corridor with strong infrastructure and tourism-driven traffic.
Full Property Details
Full Property Details for 580 W Walnut St
General
- Sold For: $190,000
- Taxes: $3,438 (2024)
- Status: Closed
- Type: Lots/Land
- Source: MRED
- MLS ID: 12421322
- Added to Site: 398 day(s) ago
Location
- Area: Jonesville / Oglesby / Vermilionville / Piety Hill
- County: LaSalle
- Driving Directions: I-39 east about one-quarter mile to property, which is located on the north side of the street. Property is adjacent to the west side of Alliance Dental Group.
School Information
- School District: 125
- Midd School District: 125
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Square Feet: 2.27
- Current Bldg. Use: Agricultural
Lot Features
- Lot Size (Acres): 2.27
- Lot Size (Sq. Ft.): 98,881
- Lot Size Range: 2.0 to 2.99 Acres
- Lot Dimensions: 400 x 195 x 375 x 250
- Frontage: City Street
- Frontage Feet: 400
- Street/Road Desc.: Asphalt
- Zoning: COMMR
Financial Considerations
- Tax Amount: $3,438.8
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 1826421002
Listed by Executive Realty Group LLC
Sold by Non Member
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Schools
Schools serving 580 W Walnut St
School Districts:Lasalle-Peru Township High School District 120, Oglesby Elementary School District 125
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Oglesby, IL 755 Bennett Avenue, Oglesby, IL 61348 | PK-5 | 0.7 mi |
Washington Elementary School, Oglesby, IL 212 West Walnut Street, Oglesby, IL 61348 | 6-8 | 0.4 mi |
La Salle-Peru Twp High School 541 Chartres Street, La Salle, IL 61301 | 9-12 | 3.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 580 W Walnut St
Date
Details
Price
Change
Source
8/13/2026
Sold
$190,000
-20.83%
MLS
7/15/2025
Listed
$240,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
580 W Walnut Street, Oglesby, IL 61348 (MLS# 12421322) is a Lots/Land property that was sold at $190,000 on August 13, 2026. Want to learn more about 580 W Walnut Street? Do you have questions about finding other Lots/Land real estate for sale in Oglesby? You can browse all Oglesby real estate or contact a Coldwell Banker agent to request more information.

