Ottawa IL Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
25,002
Status:
Active
Beds:
n/a
Lot size:
4.75 Acres
Year built:
1920
Baths:
MLS#:
12107324

ADDITIONAL INFORMATION

Rare chance to own a unique piece of history! Originally built as a hotel in 1920, a church was added in 1941! The hotel portion was converted into apartments in the early 2000s. 17 unit apartment complex and Church, with a mix of 2,3 and 5 bed units. All apartments feature unusually large footprints, in-unit washers and dryers and lots of windows for ample natural light. Utilities are separately metered. Located on the bank of the Fox River.

Type:
Mixed Use
Sq.Ft.:
3,936
Status:
Active
Beds:
n/a
Year built:
1927
Baths:
MLS#:
12083201

ADDITIONAL INFORMATION

Discover the epitome of commercial potential with this exceptional mixed-use building ideally situated in a high-traffic area near Starved Rock State Park. Boasting a strategic location that draws tourists and locals alike, this property presents a rare chance to capitalize on both retail and residential income streams. Whether you're looking to expand your investment portfolio or establish a foothold in a thriving tourist area, this mixed-use building offers unparalleled potential. Don't miss out on this opportunity to own a piece of real estate in one of Illinois' most sought-after locations. Schedule your viewing today and seize the chance to transform this property into a lucrative asset.

Type:
Mixed Use
Sq.Ft.:
22,680
Status:
Active
Beds:
n/a
Year built:
1959
Baths:
MLS#:
12070187

ADDITIONAL INFORMATION

Nestled in the heart of Starved Rock Country, the Pitstick Dairy Lake and Pavilion and Park stands as a proud landmark, beckoning visitors with natural charm and versatility. Situated conveniently north of Ottawa and I-80 on Route 23, this unique property spans 17.44 acres of picturesque landscape across four parcels, offering a plethora of possibilities for future endeavors. As the current owners retire, the property eagerly awaits new stewards to carry on the legacy. The main building encompasses 15,339 sqft presenting an array of options for various functions. The inside of the main building features two spacious banquet rooms, each with shared restrooms, and provides ample space for gatherings of all sizes. The larger banquet room which is 68x101, features a grand stage for live entertainment and a step-up balcony, enhancing the ambiance for guests. Adjacent to this room lies a generously sized bar area of over 1,500 sqft, complete with restroom facilities and an L-shaped bar with beautiful views. Complimenting the grandeur of the larger banquet room, the smaller banquet area is 53x54 and is adorned with both carpet and hardwood flooring and also features a wall-to-wall bar. This cozy space opens onto a charming courtyard, offering a serene retreat for guests. A focal point of the property is the second building, the enchanting and legendary Beach House, situated on the western edge overlooking Pitstick Lake. Aptly named, the Beach House features a beautiful beach which serves for the setting and backdrop of this picturesque second building. This additional venue offers breathtaking water views, with large windows flooding the space with natural light. The main banquet area is 32x57 with a large additional space that is 78x22 with a large bar area. A balcony and stage further enhance the allure of this space, providing an idyllic setting for weddings, receptions, or corporate events. The Beach House also features a spacious foyer, kitchen facilities, and separate his and hers bathrooms for added convenience which spans a total of 4,773 sqft. Below, a finished lower level of 2,568 sqft offers even more possibilities, with additional space for banquets or ballrooms, and additional separate bathrooms. A third structure of 1,618 sqft is present near the beach house, currently used for storage, but could be converted into a concession stand or additional kitchen/entertaining space. Throughout the property mature trees and wooded areas create a scenic backdrop for outdoor festivities. Buck creek meanders through the landscape, adding to the natural charm and providing a serene ambiance. With 207 parking spaces, ample parking ensures accessibility for guests attending events at both the main building and the Beach House. With its rich history and versatile amenities, Pitstick Dairy Lake and Pavilion and Park offer a unique opportunity for a range of ventures, from wedding venues and conference centers to wellness retreats and residential communities. As the sun sets over the tranquil waters of Pitstick Lake, this Starved Rock Country and Central Illinois landmark stands ready to welcome a new chapter of memories and celebrations. This iconic banquet facility located 3 miles north of Ottawa IL on IL Rt 23 and less than 90 minutes from Chicago. There are 4 lots included in the sale for a total of approx. 17.44 acres.

Type:
Other
Sq.Ft.:
9,360
Status:
Active
Beds:
n/a
Year built:
1980
Baths:
MLS#:
12036545

ADDITIONAL INFORMATION

Prime Waterfront Bar/Restaurant Available and/or Boat Rental or Club Venture Opportunity! Check out this Waterfront Multi-Tenant Investment Opportunity near Starved Rock State Park! Welcome to an unparalleled opportunity to own or lease a premier waterfront property boasting over 9,000 square feet of potential along the picturesque Illinois River. Located near the renowned Starved Rock State Park, this property offers a gateway to breathtaking natural beauty and endless outdoor adventures.Available For Sale or For Lease! This expansive property presents a unique chance to either acquire the entire building or lease two separate units in the near future. Whether you're an aspiring entrepreneur ready to make your mark or an established business seeking a strategic expansion, this property offers the flexibility to suit your vision. FOR LEASE-Restaurant with Stunning Water Views: Spanning nearly 4,800 square feet, the restaurant space provides panoramic views of the Illinois River, a large commercial kitchen, multiple bars, indoor/outdoor dining and a private banquet area. Or lease approx 2000 sqft currently used for a recreational water-sport rental facility offering enthusiasts the chance to explore the river's beauty. Take advantage of this prime location offering over 9,000 square feet of versatile space, this property presents a canvas for entrepreneurial visionaries to craft their dream business. Whether you're seeking to establish a thriving restaurant, revitalize retail ventures, or capitalize on the booming water-sport industry, this location offers endless opportunities for growth and success! Seize the Opportunity: Embrace the allure of waterfront living and embark on a new chapter of business success. Don't miss out on this rare chance to own or lease a prime waterfront property near Starved Rock State Park. Contact us today to explore this extraordinary investment opportunity.

Type:
General Commercial
Sq.Ft.:
6,288
Status:
Active
Beds:
n/a
Year built:
1866
Baths:
MLS#:
12014861

ADDITIONAL INFORMATION

Proud to announce this 7 unit mixed use building is available immediately for sale in Ottawa, IL. Features two retail spaces 1250sf each, three two-bedroom apartments, two one-bedroom apartments, and a 4 stall detached garage 1000sf. All of the apartments are larger than average. One of the apartments #5 features a private yard and entry. City of Ottawa has already pre-approved converting the two retail spaces into residential units so that has huge value add potential for the rent roll. Market rent for 1br is $800, market rent for 2br is $1000. The city of Ottawa is on I-80 and not far from I-39/51. Ottawa is a river town with considerable growth: new rooftops, shopping, many dining options, shops, two marinas. Subject property is walking distance to downtown. Roof 2018. Other recent improvements. Two units remodeled in the last couple years. Landlord pays water/sewer. Inquire for rent roll. No showings of occupied units until executed contract so as not to disturb the tenants. DO NOT DISTURB TENANTS - ALL QUESTIONS GO TO THE LIST BROKER. Broker Owned. Offered As-Is.

Type:
Office
Sq.Ft.:
11,000
Status:
Active
Beds:
n/a
Lot size:
4.1 Acres
Year built:
1970
Baths:
MLS#:
11853607

ADDITIONAL INFORMATION

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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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Ottawa Real Estate

The median home value in Ottawa, IL is $190,000. This is higher than the county median home value of $105,500. The national median home value is $219,700. The average price of homes sold in Ottawa, IL is $190,000. Approximately 55.76% of Ottawa homes are owned, compared to 33.64% rented, while 10.6% are vacant. Ottawa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ottawa real estate agent to arrange a tour today!

Ottawa, Illinois has a population of 18,779. Ottawa is less family-centric than the surrounding county with 27.45% of the households containing married families with children. The county average for households married with children is 27.78%.

The median household income in Ottawa, Illinois is $50,250. The median household income for the surrounding county is $54,693 compared to the national median of $57,652. The median age of people living in Ottawa is 38.7 years.

Ottawa Weather

The average high temperature in July is 84.1 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 37.3 inches per year, with 20.1 inches of snow per year.

Ottawa Real Estate Market Conditions

  • Median sales price

    $190,000
    11.84% change since last quarter
  • # Active listings

    140
    30-day change

Ottawa Schools and Demographics

Education near Ottawa, IL

Metric City County
High School Graduates 89.02 88.74
College Degree - 2 year 10.41 9.51
College Degree - 4 year 19.63 17.78
Graduate Degree 4.85 4.44
Expenditures per Student 11,759 14,271
Students per Teacher 15.2 15.3

Elementary Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Deer Park C C Elementary School PK - 08 104 9.9 61350
Grand Ridge School PK - 08 257 10.7 61325
Jefferson Elementary School PK - 04 339 14.3 61350
Lincoln Elementary School PK - 04 502 18.3 61350
Marseilles Elementary School PK - 08 576 13.2 61341
McKinley Elementary School PK - 04 380 14.5 61350
Milton Pope Elementary School KG - 08 201 14.6 61341
Rutland Elementary School KG - 08 65 7.1 61350
Serena Elementary School KG - 08 142 11.8 60549
Wallace Elementary School PK - 08 322 12.8 61350
Waltham Elementary School KG - 08 225 12.4 61373

Middle Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Central Intermediate School 05 - 06 413 15.1 61350
Shepherd Middle School 07 - 08 465 13.6 61350

High Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Ottawa Township High School 09 - 12 1,396 15 61350
Serena High School 09 - 12 239 12.8 60549

Ungraded Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Lasalle ROE Taoep 06 - 12 0 0 61350

Demographics near Ottawa, IL

Metric City County
Neighborhood Type Small Town
Population 18,779 111,151
Population Density 1,468 98
Median Age 38.7 41.8
People per Household 2.4 2.4
Median Household Income 50,250 54,693
Average Income per Capita 27,566 27,959