407 E Walnut Street

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 bonus 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 bonus 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!