1507 La Salle Street

Ottawa, IL 61350

$275,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Prime commercial opportunity in downtown Ottawa, IL! Located just minutes from Route 6 and I-80, in close proximity to downtown Ottawa's restaurants and shopping, this unique building offers endless possibilities for business and residential use. The main level features a welcoming reception area and six office rooms, including a standout space with a stunning wood-rounded vault ceiling, uplighting, granite tile floors, and custom-built cabinetry. The original bank vault adds character and opens...Prime commercial opportunity in downtown Ottawa, IL! Located just minutes from Route 6 and I-80, in close proximity to downtown Ottawa's restaurants and shopping, this unique building offers endless possibilities for business and residential use. The main level features a welcoming reception area and six office rooms, including a standout space with a stunning wood-rounded vault ceiling, uplighting, granite tile floors, and custom-built cabinetry. The original bank vault adds character and opens into a 20x11 room, perfect for secure storage or creative use. Additional highlights include a spacious work/conference room, a large open computer room with patio access, a half bathroom, and abundant storage throughout. At the back of the property, discover a one-of-a-kind living space with a private entrance from the alley. This versatile area includes an open-concept room with stone and wood accents, a full kitchen with laundry, a cozy bed nook, a private office space, and a spiral staircase leading to a second-level private room with a walk-in closet. With its blend of historic charm, modern amenities, and flexible spaces, this property is perfect for a business, a live-work setup, or even multi-purpose use. Schedule your tour today and envision the potential of this exceptional property! Can be purchased as a package with 1517 La Salle (MLS 12257659) for 310,000.
  1. Listed by George Shanley • Coldwell Banker Real Estate Group

Property Details for 1507 La Salle Street

Area
Danway / Dayton / Naplate / Ottawa / Prairie Center
Township
Ottawa
Zoning
COMMR
LISTING UPDATED: 12/17/2024 02:00 PM

Property Details for 1507 La Salle Street

StatusNew
MLS #12257016
Days on Market1
Taxes$3,429 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built-
Lot Size0.31 AC / 13,500 SF
CountyLaSalle County

Building Information for 1507 La Salle Street

Stories1Residences2Year Built-Lot Size0.31 AC / 13,500 SF

Property Information for 1507 La Salle Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces,Paved,Parking On-Site,Parking-Street
Location and General Information
  • Frontage Type: City Street, Public Road
  • Geographic Locale: Out of Area
  • Information: None
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Zoned
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air,Gas
  • Misc Inside: Multi-Tenant,Private Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Owners Association: No
  • Built Before 1978: No
  • Approximate Age: Older
  • Lot Dimensions: 90X150
  • Lot Size Square Feet: 13500.0
  • Stories: 1
  • Fire Protection: None
  • Building Area Total: 5351
  • # Of Offices: 1
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office and Research, Other
  • Public Document Count: 1
  • Document Date: 2024-12-17T17:48:33
  • Photos Count: 33
Miscellaneous
  • Current Use: Commercial, Office
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1507 La Salle Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1507 La Salle Street

Taxable ValueLand$10,618Additions$21,940Total$32,558
Tax Record2023$3,429 ($286 / month)
Home Facts
StyleMiscellaneous CommercialCountyLASALLEAPN21-02-424-006

Schools near 1507 La Salle Street

This home is within Ottawa Esd 141 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Jefferson Elementary School
PublicPK to 4

Shepherd Middle School
Public7 to 8

Ottawa Township High School
Public9 to 12

Lincoln Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1507 La Salle Street is a mixed use property for sale in Ottawa, IL 61350. This property was listed for sale on December 17, 2024 by Coldwell Banker Real Estate Group, it's currently listed at $275,000. This listing's school districts are Ottawa Esd 141 School District, Ottawa Twp Hsd 140 School District. Nearby schools include Jefferson Elementary School, Shepherd Middle School and Ottawa Township High School. 1507 La Salle Street is a 0-bed, 0-bath, mixed use property.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 12/17/2024 02:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.