227 West Madison Street, Ottawa, IL

$510,000

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About 227 West Madison Street

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. 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!

Features of 227 West Madison Street

MLS® # 12471823
Price $510,000
Bathrooms 0.00
Acres 0.00
Year Built 1915
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 227 West Madison Street
Area Danway / Dayton / Naplate / Ottawa / Prairie Cent
City Ottawa
County LaSalle
State IL
Zip Code 61350

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 33
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSpring Realty
Contact Info815-741-7000

Listing Map

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