For Sale
$174,999

511 Illinois Ave Ottawa, IL 61350

High-traffic location, retail & residential income.

Overview

Added:
Feb 3
Days on market:
73
This exceptional 3,936 square foot mixed-use building in Ottawa, Illinois, presents a unique investment opportunity. Ideally situated near Starved Rock State Park, this property benefits from a high volume of tourist and local traffic, creating a strong potential for both retail and residential income streams. The building's prime location ensures consistent foot traffic and visibility, making it an attractive proposition for a variety of businesses. The substantial square footage allows for flexible configurations to suit diverse needs, whether it's a retail space with attached residential units, or a completely separate commercial and residential setup. This presents a rare chance to capitalize on the thriving tourism industry in the area while also benefiting from a stable residential income source. The property sits on a 0-acre lot, offering ample space for potential expansion or outdoor amenities. This mixed-use building represents a compelling investment for those seeking to diversify their portfolio or establish a presence in a highly desirable and rapidly growing area of Illinois. The property's strategic location and versatile layout make it an ideal choice for both seasoned investors and first-time buyers looking for a lucrative and stable investment. Don't miss this chance to acquire a piece of prime real estate in a sought-after location.

Property Details for 511 Illinois Ave

Property type
Mixed-use properties
Square Feet
3,936 SF
Year Built
1927

Location Insight

City
Ottawa
County
LaSalle
State
Illinois
Latitude
41.34402
Longitude
-88.84751
511 Illinois Ave, Ottawa, Illinois

FAQs

What type of property is this?
Mixed-use property - High-traffic location, retail & residential income.
Where is the mixed-use property located?
The property is located at 511 Illinois Ave Ottawa, IL.
What is the asking price?
The asking price for this property is $174,999.
How can I contact the broker?
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511 Illinois Ave
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