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    1015 Fosse Rd Ottawa, IL 61350

    For Sale
    $259,000

    Business - Ottawa, IL

    Type:Business
    Property size:
    8,000 SF
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 5:06 pm

    Property Features for 1015 Fosse Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Active
    Zoning
    WRHSE
    APN
    2223312000
    Size
    8,000 SF

    Building Details

    Year built
    1993
    Number of units
    2
    Architectural style
    Other

    Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell) (815) 553-2406 [email protected]

    Listing agent Theresa Poundstone (815) 553-2406 License #475137652

    Listing date Nov 20, 2025

    MLS# 12509225 Listing URL

    Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Ottawa Warehouse Buildings on 1.37 Acres

    This property features 1.37 acres with two warehouse buildings. The first building measures 60 x 100 feet, with a front portion of approximately 60 x 30 feet currently rented by a local contractor. The remaining 60 x 70 feet of warehouse space in the back portion is open. The second building provides 2200 square feet of space, along with an additional 780 square feet of open, lean-to exterior covered space. Asphalt pavement provides ample outdoor parking. The rented space is heated and includes a 1/2 bath. The tenant pays for utilities and rents the space on a month-to-month basis for $450. The property is zoned for warehouse use and is located in Ottawa, IL.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    South State Storage, Ottawa U-store-it, Next Door Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Ottawa
    County
    LaSalle
    State
    Illinois
    Longitude
    -88.838718
    Latitude
    41.317167

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    FAQs

    What type of property is this?
    Warehouse - Two warehouse buildings on 1.37 acres with rental income.
    Where is this warehouse located?
    The property is located at 1015 Fosse Rd Ottawa, IL.
    What is the asking price?
    The asking price for this property is $259,000.
    What are key features of this property?
    This property features: - 1.37 acre parcel with two warehouse buildings.; - First building: **6,000 sq ft (60 x 100) with rentable space.**; - Second building: 2,200 sq ft with 780 sq ft covered exterior space.
    (815) 553-2406
    Request Owner's contact information
    1015 Fosse Rd Ottawa, IL 61350
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    Ottawa, IL 61350
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1015 Fosse Rd Ottawa, IL 61350
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