514 State Street Ottawa, IL $ 425,000
514 State Street
$ 425,000
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514 State Street

Ottawa, IL, 61350
$ 425,000
Bedrooms-- Baths-- Sq 3,420

Monthly Estimate*

$ 2,651

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Commercial Property for sale in Ottawa, IL

for $425,000. This 3,420 square foot building was built on a lot size of 0.49.

Prime commercial property available in Ottawa, IL, offering 3,420 square feet of versatile space ideal for a restaurant, office, or a variety of other business opportunities. Situated on a half-acre lot, the property features ample on-site parking with 30 spaces and includes handicapped-accessible entrances for convenience and compliance. The building showcases a durable combination of steel and wood construction, with a new rubber roof installed in 2017 and updated HVAC system from the same year. Additionally, the space is equipped with an Ansul fire suppression system, making it a turnkey option for food service operations. This well-maintained, high-visibility location offers excellent potential for investors and business owners alike.

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Commercial Active

Price

$ 425,000

Property Type

Commercial

Taxes

$ 11,415

Style

Business/Retail

Lot Size

0.49

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

202503433

Features
General
Water City
Sewer City
School District 141 Ottawa
Water Heater Natural Gas
Class COMMERCIAL/INDUSTRIAL
Type Business/Retail
Tax Year 2023
Roof Other
Electric 200 amp
Status ACTIVE and AVAILABLE
Subdivision IL
Sale/Rent For Sale
Status Detail 0
Primary City Ottawa
Year Built 0
City OTTAWA
Taxes 11415
DOM 142
Postal Code 61350
Price Per Sq Ft Total AG 124.27
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Interior
Basement Partial Bsmt Unfinished
Heating Electric Forced Air
Flooring Laminate Carpet
Warehouse Sq Ft 0
Walls Drywall
Insulation Unknown
Air Conditioning Central
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Exterior
Exterior Aluminum Brick
Sprinkler? No
Lot Size Area 0.49
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* Excluded Features
List By
Thomas Templeton

Listing Agent

Coldwell Banker Today's

Broker

tjt9@yahoo.com

Email

Affordability Calculator

$3,603
Per Month
74%
26%
0%
Monthly Principal & Interest
$2,651
Monthly Property Taxes
$951
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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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Nearby
5187510 Elementary School
5187506 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/23/2025$425,000 Listed Price

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514 State Street, Ottawa, IL, 61350 is a Commercial Property for sale at $425,000 with 3,420 sqft and a lot size of 0.49. The property's zip code is 61350 which is in Ottawa, IL