209 W Oak Street, Watseka, IL 60970
Iroquois County
Key Facts
Description
Here's your opportunity to own a banquet hall and catering service! This attractive facility features both a bar and a dance floor, with a spacious 49x80 hall that has a maximum capacity of 330 guests. The kitchen is state-inspected and licensed, allowing for catering at auctions, festivals, golf outings, business events, and more! Everything you need to start making money from day one is included in the sale. You don't need to be a professional caterer to invest in this operation-there are cooks and bakers who require a licensed kitchen to rent, and many events will bring in their own caterers. Additionally, there is a small 12x20 meeting room that can be used for smaller gatherings or converted into a retail space for baked goods, as it has a separate entrance. Significant updates and investments have been made in this building, including improvements to heating and cooling systems, surround sound, carpeting, and bathrooms. Call for more information and to schedule a showing!
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1951
Stories
1
Living Area
5,324 sq ft
Lot Size
7,843 sq ft
Lot Dimensions
52.29X150
Zoning
OTHER
Days on Market
440
MLS® Listing#
12287599
Property Features
Cooling
Construction
Roof
Financial Details
Annual Taxes
$1,600
Tax year 2023
Parcel Number
19324110190000
Directions
Walnut St (Rt 24) to 2nd; north to the corner of 2nd and Oak.
Affordability Calculator
$26,980
Estimated monthly payment
$718/mo
Principal $107,920 · Est. interest $150,558 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Watseka, IL
- 50
- Median Days on Market
- 1,600
- Median Sq Ft
- $89
- Median Price / Sq Ft
- 27
- Active Listings
- Its price per sq ft is 72% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Watseka, IL.
Location
Getting Around
Points of Interest in Watseka, IL
Showing the Watseka area map.
Nearby Schools
Glenn Raymond Middle School
Elementary · 0.3 mi away
Watseka Comm High School
Secondary · 0.6 mi away
Wanda Kendall Elementary School
Elementary · 0.8 mi away
Watseka Head Start Center
School · 1.0 mi away
Iroquois County Community Unit School District 9
School · 1.0 mi away
Crescent City Grade School
Elementary · 6.2 mi away
Milford Grade School East Campus
School · 8.6 mi away
Bryce-Ash Grove Educational Center
School · 9.3 mi away
Donovan Elementary School
Elementary · 9.4 mi away
Donovan Junior Sr High School
Secondary · 9.9 mi away
St Paul's Lutheran School
School · 9.9 mi away
Milford Grade School
Elementary · 10.5 mi away
Milford Area Public Schools #124
School · 10.6 mi away
Milford High School
Secondary · 10.6 mi away
Iroquois West Elementary School
Elementary · 12.9 mi away
Iroquois West High School
Secondary · 13.0 mi away
Iroquois West Elementary School/Gilman
Elementary · 13.3 mi away
Iroquois West Middle School
Secondary · 14.9 mi away
South Newton School Building
School · 15.2 mi away
John L Nash Middle School
Secondary · 15.8 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 959 S Western Avenue, Watseka, IL | $95,000 | 3 | 1 | 1,120 |
| 379 W North Street, Watseka, IL | $96,000 | 1 | 1 | 768 |
| 503 W Park Avenue, Watseka, IL | $99,900 | 3 | 2 | 1,344 |
| 109 S 2nd Street, Watseka, IL | $100,000 | — | — | 1,414 |
| 106 W Walnut Street, Watseka, IL | $110,000 | — | — | 2,500 |
| 850 E Locust Street, Watseka, IL | $110,000 | 2 | 1 | 880 |
Moving Cost Estimate
EXIT Agents in Watseka
Listing Courtesy: Berkshire Hathaway HomeServices Speckman Realty - 8159374370
Last Updated: 2025-02-10