IL
LaSalle
Ottawa
61350
227 W Madison Street
227 W Madison Street, Ottawa, IL 61350
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Listing Type
Commercial/Industrial
Listing Status
active
9
$510,000

Home Details for 227 W Madison Street

Price
$510,000
Type
Commercial Sale
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1915
County
LaSalle
Garage
Days on site
8
MLS Listing#
12471823
Property Description

Attention Owners/Investors, Don't miss out on this 6400 sq ft 2 story building investment opportunity in historical downtown Ottawa and located one block from the courthouse and in the Heart of Strarved Rock Country. The first floor is 3200 sq ft and is currently vacant. Offering lots of large offices, soaring ceilings, conference room, entryway for that perfect greeter. Bathrooms and kitchen all on the first floor. A little elbow grease and some cosmetic work will have potential tenants knocking down the door. The second floor is 3200 sq ft and is fully leased at. After your facelift of the first floor, the building value and income will increase. There is an elevator servicing both first and second floors. The building also has a full basement, half shared by each floor for more storage opportunity. Lower level currently available for rent. Two blocks from Illinois and Fox Rivers. This building has lots of possibilities such as office or possibly apts above a business. Come and check it out today!

Property Features
  • Cooling Information
    • Central Air
Listing Courtesy: Spring Realty - 815-741-7000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-17 02:30:17. 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: 2025-09-17 02:30:17
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505 S. La Grange Rd, La Grange, IL 60525
Office
708 859 0650
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