511 Illinois Avenue, Unit 23

Ottawa, IL 61350

$174,999
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Jamie Unholz • Executive Realty Group

Property Details for 511 Illinois Avenue, Unit 23

Area
Danway / Dayton / Naplate / Ottawa / Prairie Center
Township
Ottawa
Zoning
COMMR
LISTING UPDATED: 08/17/2024 03:32 AM

Property Details for 511 Illinois Avenue, Unit 23

StatusActive
MLS #12083201
Days on Market178
Taxes$1,864 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1927
Lot Size0.06 AC / 2,448 SF
CountyLaSalle County

Building Information for 511 Illinois Avenue, Unit 23

Stories2Residences2Year Built1927Lot Size0.06 AC / 2,448 SF

Property Information for 511 Illinois Avenue, Unit 23

General Information
Location and General Information
  • Frontage Type: State Road
  • Geographic Locale: Central Illinois
  • Information: Short Notice OK,Show-Lock Box,Standard
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Other
  • Flooring: Concrete
  • Heat/Ventilation: None
  • Misc Inside: Accessible Entrance
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: .10
  • Lot Size Square Feet: 2448.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: None
  • Building Area Total: 3936
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office and Research, Retail, Special Use
  • Public Document Count: 0
  • Photos Count: 10
Miscellaneous
  • Location: Mixed Use Area,Park Adjacent,In City Limits,High Traffic Area
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 511 Illinois Avenue, Unit 23

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 511 Illinois Avenue, Unit 23

Taxable ValueLand$7,784Additions$10,577Total$18,361
Tax Record2023$1,939 ($162 / month)
Home Facts
Total Finished SqFt3,936 SqFtAbove Grade Finished SqFt3,936 SqFtLot Size4,356 SqFtStyleMiscellaneous CommercialYear Built1927CountyLASALLEAPN22-14-217-018

Schools near 511 Illinois Avenue, Unit 23

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
Lincoln Elementary School
PublicPK to 4

Shepherd Middle School
Public7 to 8

Ottawa Township High School
Public9 to 12

Jefferson 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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511 Illinois Avenue, Unit 23 is a mixed use property for sale in Ottawa, IL 61350. This property was listed for sale on June 11, 2024 by Executive Realty Group, it's currently listed at $174,999. It has been on the market for a total of 178 days and was last sold on June 28, 2021. This listing's school districts are Ottawa Esd 141 School District, Ottawa Twp Hsd 140 School District. Nearby schools include Lincoln Elementary School, Shepherd Middle School and Ottawa Township High School. 511 Illinois Avenue, Unit 23 is a 0-bed, 0-bath, mixed use property built in 1927.

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 Executive Realty 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 08/17/2024 03:32 AM. 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.