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$380,000 Just Listed
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Property Description
Located at the edge of town, but within city limits, this exceptional steel building will adapt to many possibilities. There is a total of 4 acres, with a portion currently being farmed. It has city water, sewer, and garbage pickup and is serviced by Ameren and Nicor. 7200 sq ft overall, this structure has been divided into 3 separate, 40x60 functional units. One unit is currently a shop with concrete floor, heat, floor drain, bathroom, full useable kitchen (including a washer and dryer), and a loft for additional storage. Water softener stays. Access is a 12' overhead electronic door and a side walk-in door. 150 amp electrical service. The shop can be locked/secured, but has access to the gym/fitness center, by a shared hallway. An office is located in this hallway. The gym section has a wall of windows and 24 hr key fob access by members. There are 2 bathrooms and water fountains. Also available is a 6x15 enclosed vacant area for future use as showers, bathrooms, etc. There are 3 exits for the gym. There is infrustructure for 7 cameras and motion sensor lights. 5 cameras currently being utilized. Central heat/AC in this area. The gym equipment is not included in the pricing, but may be negotiated separately. The third section of the building is cold storage with a gravel floor and access by 12' sliding doors. Plenty of space here for indoor storage of large equipment, cars, etc.
Full Property Details
Full Property Details for 500 N Pine St
General
- Price: $380,000
- Taxes: $1,932 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12560038
- Updated: 2/10/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Accessible Entrance, Accessible Washroom/s, Overhead Door(s), Public Restroom(s), Storage Inside
Location
- Area: Onarga
- County: Iroquois
- Township: Onarga
- Driving Directions: Rt 45 to Onarga; west on Rt 54 to Pine St; north to property on east side of street. Look for sign.
- Location Details: Central Illinois, Mixed-Use Area, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Steel Siding
- Exterior Const.: Steel Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 7,200
- Current Bldg. Use: Commercial, Automotive
- Year Built: 1989
Unit Information
- Units w/Refrigerators: 1
- Units w/Range/Oven: 1
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 174,240
- Lot Dimensions: 4 acres
- Frontage: City Street
- Potential Use: Commercial
- Zoning: OTHER
Financial Considerations
- Assessment Year: 1989
- Tax Amount: $1,932.88
- Tax Year: 2024
Disclosures and Reports
- Property ID: 22242010040000
Listed by McColly Rosenboom - W
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Schools
Schools serving 500 N Pine St
School District:Iroquois West Community Unit School District 10
| Name | Grades | Distance |
|---|---|---|
Iroquois West Elementary School/Gilman 215 East 2nd Street, Gilman, IL 60938 | 1-3 | 3.7 mi |
Iroquois West Elementary Sch/Thawville PO Box 99, Thawville, IL 60968 | 4-5 | 5.8 mi |
Iroquois West Elementary Sch/Danforth PO Box 185, Danforth, IL 60930 | PK-K | 7.6 mi |
Iroquois West Middle School 303 North Evergreen Street, Onarga, IL 60955 | 6-8 | 0.4 mi |
Iroquois West High School 529 East 2nd Street, Gilman, IL 60938 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 500 N Pine St
Date
Details
Price
Change
Source
2/09/2026
Listed
$380,000
375%
MLS
6/13/2016
Sold
$80,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 500 N Pine St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,933
7%
$22,217
1%
2023
$1,814
-10%
$22,087
1%
2022
$2,010
-1%
$21,967
1%
2021
$2,034
-3%
$21,857
—
2020
$2,107
—
$21,767
—
2020
$2,107
—
$21,727
—
2019
$2,117
-2%
$21,637
—
2017
$2,157
-1%
$21,557
—
2016
$2,175
-1%
$21,477
—
2014
$2,194
—
$21,407
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 500 N Pine St
500 N Pine Street, Onarga, IL 60955 (MLS# 12560038) is a Commercial property. 500 N Pine Street is currently listed for $380,000 and was received on February 09, 2026. Want to learn more about 500 N Pine Street? Do you have questions about finding other Commercial real estate for sale in Onarga? You can browse all Onarga real estate or contact a Coldwell Banker agent to request more information.

