139 E Walnut St.

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Address: 139 E Walnut St, Oglesby, IL 61348, USA
Chicago & Midwest + Hospitality
Created date: November 14, 2025
Date last updated: September 26, 2026
Price: $279,000Investment Analyzer NEW!

Property Description

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.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Hospitality
Price: $279,000
No. of Units: 1
Year Built: 1906
Lot Size: 0.14 Acres
Opportunity Zone: No
Price per unit: $279,000
Property Website Click Here
Address: 139 E Walnut St., Oglesby, IL 61348, USA
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