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407 E Walnut St, Oglesby, IL, 61348

$198,500

Home List Price

$2,357*

Closing Credit

2 Bedrooms
1 Full Bath, 1 Partial
1,944 SqFt
$102/SqFt
House

Location

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407 E Walnut St, Oglesby$198,500

Buyer Closing Credits

$2,357*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOff Street
Year Built1886
HeatingNatural Gas, Steam
BasementYes
MLS #12058717
StatusActive

About 407 E Walnut St

Rarely available multi family or large single family property right in the heart of downtown Oglesby! The main living space is move in ready with 2 bedrooms, 1 bath, 2 living spaces, and sliding doors leading to a new deck off the kitchen. The front features a 23x34 unfinished room with a half bath that would make a beautiful large living area with high ceilings or could be transformed into a boutique, office, coffee shop, salon or in-home day care - the possibilities are endless! This oversized lot is zoned multi-family and could be a great investment opportunity and income producing property by utilizing the finished space as a 2-bedroom apartment and additionally renting out the front room as commercial space in a prime location on a busy street. Short distance to community pool and just minutes away from Starved Rock and Matthiessen State Park. Many updates such as a new 30 year roof with 10 year transferable warranty, freshly poured concrete ramp and entrance soon to be ADA accessible after railing installation, new flooring, fresh paint, light fixtures, flower boxes and deck. Original tin ceiling and walls kept in place to bring in a wow factor to your new home or business. The extra deep lot offers off-street parking and is zoned to allow another dwelling. Last but not least, add another 1500 square feet by finishing the home's full-sized basement. Seller offering a $1,000 credit at closing towards new front door of your choice. Come take a look at this charming, one of a kind property!

Property Details

Property Features

Property Information:

  • Year Built: 1886
  • Living Area: 1,944 SqFt

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (630) 634-0700
  • Listing Agent: Kira Miskowiec

Interior Features

Interior Information:

  • Basement: Yes

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Exterior: Deck, Porch

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot: Irregular Lot

Utilities

Utilities Information:

  • Heating: Natural Gas, Steam

School Info

Assigned Schools Information:

  • La Salle-Peru Township High School, Public District Grades 9-12
  • Washington Elementary School, Public District Grades 6-8
  • Lincoln Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: East on Walnut, building on south side of St.

Price Information

Listing Price Info

Price Summary:

  • List Price: $198,500
  • Price Per SqFt: $102/SqFt
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MLS Details

MLS Information:

  • MLS Name: MRED
  • MLS Number: #12058717

Listing Office:

  • Office Name: @properties Christie's International Real Estate
  • Office Phone: (630) 634-0700
  • Listing Agent: Kira Miskowiec

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than the broker/agent who owns the website are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers.

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Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 9/28/2024, 10:15:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 03, 2011Home Sold
$29,000

Tax History

YEARPROP. TAXASSESSMENT
2020 - $9,600
2019 - $9,502
2018 - $9,325
2017 - $9,333

History based on county public records data.

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$1,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$662

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1286150
5
/10
  • Lincoln Elementary School

  • 212 W Walnut St

  • 0.49 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1286151
4
/10
  • Washington Elementary School

  • 212 W Walnut St

  • 0.49 miles

  • Public District Grades 6-8

High School

school-card-donut-1286152
4
/10
  • La Salle-Peru Township High School

  • 541 Chartres St

  • 3.70 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $58,190. Most LaSalle County, IL residents have annual incomes between $35k-100k. The majority of families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 407 E Walnut St

What is the listing price of this property?

The listing price of 407 E Walnut St property is $198,500.

What type of property is this?

The property 407 E Walnut St is a house located in Oglesby, Illinois, 61348.

Is this property for sale now?

Active Listing: 407 E Walnut St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 407 E Walnut St are:
Lincoln Elementary School: GreatSchools Rating 5/10
Washington Elementary School: GreatSchools Rating 4/10
La Salle-Peru Township High School: GreatSchools Rating 4/10

When was this property sold last time and for how much?

The last sale was on August 3, 2011 for $29,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 407 E Walnut St has 2 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 407 E Walnut St is 1,944 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 407 E Walnut St is 1886.

Rocket HomesIllinoisLaSalle CountyOglesby61348407 E Walnut St

This home is located at 407 E Walnut St in Oglesby, IL and zip code 61348. This 1,944 square foot home was built in 1886. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 11, 2024 and is currently priced at $198,500.

LaSalle County, IL housing market in August 2024 saw over 32 listings sold above listed price, more than 22 sold at listed price and over 46 sold below. The inventory of homes for sale in LaSalle County, IL between July 2024 and August 2024 increased by 4.2%. While the average time on the market in August 2024 was 28 days, the median list price was $155,166.

From Rocket Homes Real Estate and based on county public records data.

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