SQUARE FEET6,400
MLS#12800525
STATUSNew
PROPERTY TYPECommercial - Office
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!
Property Features
Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 2.0
Taxes: $11,528
Year Built: 1915
Feature Descriptions
Current Use: Office
Electric: Circuit Breakers
Fire Protection: Other
Frontage Type: City Street
HVAC: Forced Air
Location: Central Business District
Lot Dimensions: 40X80
Miscellaneous Indoor: Elevator/s Passenger, Public Restroom/s, Storage Inside, Basement
Number of Tenant(s): 2
Parcel#: 2111401002
Tenant Pays: Other
Units: 2
Listed By / Shown By
Listed By
Agency Name: Spring Realty
Agency Phone: 815-741-7000
Shown By
Agent Name: David Schroeder
Agent Phone: (815) 227-5900
Agency Title: Dickerson & Nieman Realtors
David Schroeder
Cell: (815) 988-7552
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227 W Madison Street | MLS# 12800525
This commercial property located at 227 W Madison Street , Ottawa, IL 61350 is currently listed for sale with an asking price of $499,900. Search Ottawa real estate on davidschroeder.dickersonnieman.com today.