626-630 W Madison Street

Ottawa, Illinois 61350

Closed / MLS #12014839 / Commercial / Mixed Use / Ottawa

Listing information updated 4/1/2025 at 9:23pm

Proud to announce this 7 unit mixed use building is available immediately for sale in Ottawa, IL. Features two retail spaces 1250sf each, three two-bedroom apartments, two one-bedroom apartments, and a 4 stall detached garage 1000sf. All of the apartments are larger than average. One of the apartments #5 features a private yard and entry. City of Ottawa has already pre-approved converting the two retail spaces into residential units so that has huge value add potential for the rent roll. The city of Ottawa is on I-80 and not far from I-39/51. Ottawa is a river town with considerable growth: new rooftops, shopping, many dining options, shops, two marinas. Subject property is walking distance to downtown. Roof 2018. Other recent improvements. Two units remodeled in the last couple years. Landlord pays water/sewer. Inquire for rent roll. DO NOT DISTURB TENANTS - ALL QUESTIONS GO TO THE LIST BROKER. Broker Owned. Offered As-Is.

Full Features

Built:

1866

Cooling System:

Central Air

Stories:

Building Square Feet:

6,288

Taxes & Assessments

Tax Amount:

$4,263

Tax Year:

2023

Location

Zip Code:

61350

City:

Ottawa

County:

Lasalle

Full Features Taxes & Assessments Location

Built:

1866

Cooling System:

Central Air

Stories:

Building Square Feet:

6,288

Listing Office: O'Neil Property Group, LLC

Listing Office Phone: 630.425.8815

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 4/1/2025 at 9:23pm. 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.

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626-630 W Madison Street is a commercial / mixed use which sold for $260,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since March 27th, 2024 and was built in 1866.