3107 N State Route 23 Ottawa, IL $ 1,600,000
3107 N State Route 23
$ 1,600,000
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3107 N State Route 23

Ottawa, IL, 61350
$ 1,600,000
Baths0.0 Sq 11,000

Monthly Estimate*

$ 11,176

3107 N State Route 23, Ottawa, IL 61350 - Image 1
3107 N State Route 23, Ottawa, IL 61350 - Image 2
3107 N State Route 23, Ottawa, IL 61350 - Image 3
3107 N State Route 23, Ottawa, IL 61350 - Image 4
3107 N State Route 23, Ottawa, IL 61350 - Image 5
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3107 N State Route 23, Ottawa, IL 61350 - Image 7
3107 N State Route 23, Ottawa, IL 61350 - Image 8
3107 N State Route 23, Ottawa, IL 61350 - Image 9
3107 N State Route 23, Ottawa, IL 61350 - Image 10
3107 N State Route 23, Ottawa, IL 61350 - Image 11
3107 N State Route 23, Ottawa, IL 61350 - Image 12
3107 N State Route 23, Ottawa, IL 61350 - Image 13
3107 N State Route 23, Ottawa, IL 61350 - Image 14
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3107 N State Route 23, Ottawa, IL 61350 - Image 18
3107 N State Route 23, Ottawa, IL 61350 - Image 19
Studio

Commercial Property for sale in Ottawa, IL

for $1,600,000. This 11,000 square foot building was built in 1970 on a lot size of 4.1.

Discover the ultimate commercial real estate gem nestled just north of Interstate 80 at the intersection of IL 23 and Dayton Rd. This exceptional 4.1 +/- acre property boasts limitless possibilities for entrepreneurs and investors alike, with an existing 11,000 sf building primed for rental income and valuable vacant land at the lighted intersection, showcasing immense commercial potential. Positioned at the corner of IL 23 (4,150 ADT) and Dayton Rd, (1,700 ADT) this property commands exceptional visibility and traffic exposure, attracting a diverse array of customers from nearby towns and beyond. Boasting a coveted C-3 zoning designation, this property allows for a dynamic mix of commercial uses, unlocking an array of possibilities limited only by your imagination. With its strategic access to major transportation routes, the ease of commuting and connectivity further enhance its allure. Seize this opportunity to invest in a well-positioned commercial property with rental income and vast untapped potential.

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 20,331

Style

Commercial

Lot Size

4.1

Year Built

1970

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

11853607

Features
General
Cooling Central Air
Roof Membrane
Zoning COMMR
Construction Materials Brick Block Steel Siding
Year Built 1970
Electric Circuit Breakers
Tenant Pays Varies by Tenant
Stories 1
Township Wallace
Property SubType Office
Tax Year 2022
Current Use Commercial
Gross Income 253400
County La Salle
Net Operating Income 65900
Operating Expense 187500
Property Type Commercial Sale Office/Tech
Possible Use Commercial Retail Single Room Occupancy
Status Active
Directions IL 23 (Columbus St.) to Dayton Rd.
City Ottawa
MLS Area Danway / Dayton / Naplate / Ottawa / Prairie Center
Lot Size Square Feet 212175
Street Name State Route 23
Tax Annual Amount 20331.7
Additional Parcels Y/N N
Leasable Area 0
Days on Market 185
Standard Status Active
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Exterior
Building Area Total 11000
Lot Dimensions 345X615
Lot Size Acres 4.1
Frontage Type Public Road Signal Intersection State Road Township Road
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* Excluded Features
List By
Re/Max 1St Choice

Broker

dougcarroll@remax.net; dougcarroll71@gmail.com

Email

Affordability Calculator

$12,871
Per Month
87%
13%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$1,694
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/8/2023$1,500,000 Listed Price

Map


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3107 N State Route 23, Ottawa, IL, 61350 is a Commercial Property for sale at $1,600,000 with 11,000 sqft and a lot size of 4.1. 3107 N State Route 23 is a studio with 0.0 baths and was built in 1970. The property's zip code is 61350 which is in Ottawa, IL