Property for Sale: 1201-1217 Illinois, Ottawa, IL 61350

$850,000
$850,000
1201-1217 Illinois, Ottawa, IL 61350
$850,000
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Price:
$850,000

Type Commercial
Lot Size 0.52 acres
Year Built 1966

City Ottawa
County La Salle

MLS 12176176
Status Active
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!

Room Features

Basement Description Unfinished

Lot & Building Features

Cooling Window Unit(s)
Tax Year 2023
Lot Dimensions 150X150 ft

Price History of 1201-1217 Illinois, Ottawa, IL

Date Name Price Difference
12/31/1969 Listing Price $850,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.
Photo of Sharon Biros Koerber
Direct: 708-987-0180
Office
3580 W 95th Street
Evergreen Park, IL 60805
708-422-0011
Listed by Coldwell Banker Real Estate Group, George Shanley
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20%
1%
6.75%
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Monthly HOA
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1201-1217 Illinois (MLS #12176176) is a commercial listing located in Ottawa, IL. This is a commercial listing with a lot of 22,651 sqft (or 0.52 acres). This property was listed on 10/01/2024 and has been priced for sale at $850,000.

Midwest Real Estate Data

Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Coldwell Banker Real Estate Group