227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
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Listed by Ricky Grayof Spring Realty
-
Est. payment | /mo

6,400 SqFt


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-
Est. payment | /mo
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6,400 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

MLS Listing ID 12800525

Year Built 1915

Annual Tax Amount $11,528

Tax Year 2024

Lot Dimensions 40X80

Property Sub-Type Office/Tech

Property Description

Attention Owners/Investors, Don't miss out on this 6400 sq ft 2 story building investment opportunity in historical downtown Ottawa and located one block from the courthouse and in the Heart of Strarved Rock Country. The first floor is 3200 sq ft and is currently vacant. Offering lots of large offices, soaring ceilings, conference room, entryway for that perfect greeter. Bathrooms and kitchen all on the first floor. A little elbow grease and some cosmetic work will have potential tenants knocking down the door. The second floor is 3200 sq ft and is fully leased at. After your facelift of the first floor, the building value and income will increase. There is an elevator servicing both first and second floors. The building also has a full basement, half shared by each floor for more storage opportunity. Lower level currently available for rent. If interested in leasing, Owner will consider a buildout. Two blocks from Illinois and Fox Rivers. This building has lots of possibilities such as office or possibly apts above a business. Come and check it out today!

Location

State IL

County Lasalle

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true

Midwest Real Estate Data (MRED) VOW

NEARBY SCHOOLS & PROPERTIES

HomeSmart Realty Group

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(708) 710-3828

dbowden@hsrealtygroupil.com

220 North Green Street, Chicago, IL 60607

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227 W Madison ST

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