2001 Ottawa AveOttawa, IL 61350
- Commercial real estate
- 6,243 SF
Property Details for 2001 Ottawa Ave
- Year built
- 1924
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 6,243 SF
- Property type
- Commercial real estate
- APN
- 21-16-212-013
- APU
- 2116212013
Description
This exceptional commercial property, located at 2001 Ottawa Avenue in Ottawa, Illinois, presents a unique investment opportunity. The 6,243 square foot building boasts a spacious main level ideally suited for a variety of commercial uses. This area features a large 38x32 front room with two bathrooms, a substantial 57x41 bar and banquet room with its own bathroom, and a kitchen with direct access to the attached two-car garage. The property's previous use as a restaurant/bar highlights its suitability for similar ventures or adaptive reuse. Adding to its appeal is a three-bedroom, one-bathroom residential unit located upstairs, providing additional income potential through rental. Beyond the building itself, ample parking is available with over ten exterior spaces. A partial basement offers valuable storage and utility space. Situated in the desirable town of Naplate, this property offers a blend of commercial and residential potential in a vibrant community. The combination of a large commercial space, a separate rental unit, and abundant parking makes this an attractive investment for both established businesses and entrepreneurs seeking a versatile property. Don't miss this chance to own a piece of Ottawa's commercial landscape.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $1,290,265
- Hospitality
- $1,181,876
- Educational
- $983,307
- Medical
- $1,017,124
- Retail
- $1,529,588
Location Insight
- City
- Ottawa
- County
- Lasalle
- State
- Illinois
- Latitude
- 41.3336
- Longitude
- -88.8777
- CBSA code
- 36837
- CBSA name
- OTTAWA, IL MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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