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1201-1217 Illinois Avenue, Ottawa, IL 61350

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Listing Type
Commercial/Industrial
Listing Status
active
37
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$819,000

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Home Details for 1201-1217 Illinois Avenue
Price
$819,000
Type
Commercial/Industrial
Year Build
1966
Sq. Ft.
6724
Lot Size
0.52
County
LaSalle
Basement
Unfinished
Tax
$6,519.96
MLS®️ Listing#
12176176
On exitrealty.com
329 days
Property Description
Attention Investors! If you value quality construction and exceptional maintenance, this is your chance to own a historic Ottawa landmark. Located at the corner of Illinois Avenue and Leland Avenue, this 7-unit brick residence offers both charm and investment appeal. Pride of ownership is evident, with a new rubber roof installed in 2017 and a meticulously maintained building. Many long-term tenants have made this their home, adding stability to your investment. The property features 3 two-bedroom units and 4 one-bedroom units, each with a dedicated covered parking space and additional off-street parking. Each unit also features private front and back entrances, natural woodwork, original hardwood floors, and some even still have their original, vintage chandeliers. Tenants enjoy access to a partial basement with individual storage bays and shared laundry facilities. For added security, the back courtyard is equipped with dusk-to-dawn and motion sensor lighting. Units are heated with hot water heat. Don't miss this rare investment opportunity to own a well-maintained brick building with amazing tenants!
Property Features
Listing Courtesy: Coldwell Banker Real Estate Group - 815-433-5501
mls_icon Based on information submitted to the MLS GRID as of 2025-02-27 02:31:09. 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.
Last Updated: 2025-02-27 02:31:09
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EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
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$819,000

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EXIT REALTY REDEFINED
1275 E. Butterfield Rd Suite 200, Wheaton, IL 60189
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