For Sale
$875,000

801 Etna Rd Ottawa, IL 61350

Exceptional development opportunity in Ottawa, IL.

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional 7.75-acre property presents a unique investment opportunity in Ottawa, Illinois. Located at 801 E Etna Rd, this land offering comprises two parcels totaling 337,594 square feet (approximately 7.75 acres). One parcel is zoned C-Business, encompassing 107,047 square feet, while the second parcel offers zoning flexibility with A-2 (single-family or duplex), B (single-family, duplex, multi-family), and MF designations, covering 230,547 square feet. The property benefits from its annexation into the City of Ottawa, ensuring access to all essential utilities, including city sewer, water, storm drainage, electricity, gas, and telephone lines. Existing infrastructure includes some sidewalks, enhancing accessibility and development potential. Its advantageous location offers proximity to a City of Ottawa park, providing convenient access to recreational amenities. Furthermore, this property is strategically situated within the I-80 commercial Tax Increment Financing (TIF) district and the Ottawa Enterprise Zone, potentially offering significant economic incentives for development projects. The asking price for this remarkable land parcel is $875,000. This presents a compelling opportunity for developers seeking a prime location with diverse zoning options and substantial infrastructure support.

Highlights

  • 7.75-acre commercial land in Ottawa, IL, priced at $875,000.
  • Two parcels totaling 337,594 square feet.
  • One parcel is C-Business zoned (107,047 sq ft), the other offers A-2, B, and MF zoning (230,547 sq ft).
  • Located at 801 E Etna Rd, annexed into the City of Ottawa with full utilities.
  • Situated within the I-80 TIF district and Ottawa Enterprise Zone.

Property Details for 801 Etna Rd

Property type
Land
Lot Size (sq. ft)
337,590 SF

Location Insight

City
Ottawa
County
Lasalle
State
Illinois
Latitude
41.373493
Longitude
-88.819702

FAQs

What type of property is this?
Land - Exceptional development opportunity in Ottawa, IL.
Where is the land located?
The property is located at 801 Etna Rd Ottawa, IL.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: 7.75-acre commercial land in Ottawa, IL, priced at $875,000.; Two parcels totaling 337,594 square feet.; One parcel is C-Business zoned (107,047 sq ft), the other offers A-2, B, and MF zoning (230,547 sq ft).
How can I contact the broker?
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801 Etna Rd
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