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Listing provided courtesy of Berkshire Hathaway HomeServices Speckman RealtyMREDas Distributed by MLSGrid- MLS# 12287599MLS Provider

209 W Oak StreetWatseka, IL 60970

Commercial · 5,324 Sq. ft.
$134,900 Active

209 W Oak Street Overview

Time on Site:
505 days
Visits:
2

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!

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209 W Oak Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,324
  • Price/Sq.ft. $25

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 1951

Location/Region

  • County Or Parish: Iroquois
  • MLS Area Major: Watseka
  • Township: Middleport

Rent/Lease Information

  • Tenant Pays: Other

Tax Information

  • Tax Annual Amount: $1,600.00
  • Tax Year: 2023

General Information

  • Parcel Number: 19324110190000
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: OTHER

Interior

Building Interior

  • Building Area Total: 5324

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 52.29X150
  • Lot Size Square Feet: 7843

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Rubber

General Information

  • Number Of Units Total: 1

209 W Oak Street Neighborhood

Community

60970 (Watseka) Demographics

52
Median Age
50
Population Density (per sq. mile)
21%
College Educated
$44,947
Estimated Median Income
2,151
Estimated Total Home Owners
951
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

209 W Oak Street Monthly Cost

$
$ %
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$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

209 W Oak Street Market Data

Based on the last 30 days in this zip code

$175,242
Average List Price
$97
Average Price per Square Foot
7
Properties Sold
144
Average Days on Market
33
Properties for Sale
Calculations provided by Reliance Network

209 W Oak Street History

Date Event Value Agent
2/15/2026Source: MRED Status Change
Active
2/10/2026Source: MRED Price Reduction
$134,900 -3.6%
2/10/2026Source: MRED Status Change
Price Change
7/31/2025Source: MRED Status Change
Price Change
7/31/2025Source: MRED Price Reduction
$139,900 -6.7%
7/31/2025Source: MRED Status Change
Active
2/15/2025Source: MRED Status Change
Active
2/10/2025Source: MRED Added to Database
February 10, 2025