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$80,000
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Property Description
Perfect opportunity to start your own business in a Great Location! Now is your chance to own this 2176 SF former restaurant with the opportunity split and lease a portion of the building for other uses. Current setup includes a dining room, kitchen, two office spaces, lots of storage and a huge parking lot!
Full Property Details
Full Property Details for 123 W Oak St
General
- Sold For: $80,000
- Taxes: $3,694 (2021)
- Status: Closed
- Type: Commercial Service
- Source: MRED
- MLS ID: 11710955
- Added to Site: 1, 115 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s)
Location
- Area: Watseka
- County: Iroquois
- Driving Directions: From Rts 1 & 24 head East to 2nd St., turn North onto 2nd St, property on the East side of the St.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Building Heat
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Foundation: Block
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 2,176
- Year Built: 2002
Lot Features
- Lot Size (Sq. Ft.): 10,000
- Lot Dimensions: 100 x 100
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Assoc Fee Freq.: Annually
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 2002
- Tax Amount: $3,694.64
- Tax Year: 2021
- Tenant Pays: All Utilities
Disclosures and Reports
- Property ID: 19324120010000
Listed and Sold by Smith's Real Estate Services,
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Schools
Schools serving 123 W Oak St
School District:Iroquois County Community Unit School District 9
| Name | Grades | Distance |
|---|---|---|
Nettie Davis Elementary School 495 North 4th Street, Watseka, IL 60970 | PK-1 | 0.3 mi |
Wanda Kendall Elementary School 535 East Porter Avenue, Watseka, IL 60970 | 2-4 | 0.8 mi |
Watseka Junior High School 138 South Belmont Avenue, Watseka, IL 60970 | 5-8 | 0.6 mi |
Watseka Community High School 138 South Belmont Avenue, Watseka, IL 60970 | 9-12 | 0.6 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 123 W Oak St
Date
Details
Price
Change
Source
12/12/2025
Sold
$80,000
-19.92%
MLS
11/10/2025
Price Reduced
$99,900
-20.02%
MLS
9/19/2024
Price Reduced
$124,900
-16.68%
MLS
1/31/2023
Listed
$149,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
123 W Oak Street, Watseka, IL 60970 (MLS# 11710955) is a Commercial Service property that was sold at $80,000 on December 12, 2025. Want to learn more about 123 W Oak Street? Do you have questions about finding other Commercial Service real estate for sale in Watseka? You can browse all Watseka real estate or contact a Coldwell Banker agent to request more information.

