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Multi-Office Commercial Suite

1-227 W Madison St, Ottawa, IL 61350

For Lease
New
Contact for pricing

Reception, shared work areas, and naturally lit front offices support a flexible office layout.

Space Size3,200 SF
Days on Market7

Property Features for 1-227 W Madison St

General Information

Standard status Active
Size 3,200 SF
Net Rentable 3,200 SF

Space & Availability

Available Space 3,200 SF
Contiguous Space 3,200 SF
Floor Main Floor
Space Use Office
Private Offices 6
Listing Agency: Spring Realty
Listed By: Ricky Gray · License #475127902
Source: Exprealty
Added: Nov 3 Changed: Nov 6 Last Checked: Nov 8 at 8:29AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Spring Realty

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Investment Insights

Based on property information with market context.

The 3,200-square-foot main-floor space contains six offices, a reception area, open desk space, an entryway, and front offices with natural light. New flooring has been installed throughout. The space is offered for rent and is also available for purchase.

At 1-227 W Madison St in downtown Ottawa, the property is one block from the LaSalle County Courthouse and City Hall, and two blocks from the Illinois and Fox Rivers. The stated potential uses include office, restaurant, and retail.

Key Highlights

  • 3,200 square feet on the main floor
  • Six offices, reception area, open desk space, and entryway
  • Front offices receive natural light

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Electrical Service Carpet & Flooring Store Catering Service Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

878
Businesses Nearby

Demographics for 61350, IL

23,997
Population
10,853
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
93%
High-School Grad
152.5 sq mi
ZIP Area
157
Density / Sq Mi
$77,562
Median Household Income
$43,042
Median Earnings
$940
Median Rent
$157,100
Median Home Value

Market

Properties on Market for Office Units in LaSalle County

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Reception, shared work areas, and naturally lit front offices support a flexible office layout.
Where is this office unit located?
The property is located at 1-227 W Madison St Ottawa, IL.
What are key features of this property?
This property features: 3,200 square feet on the main floor; Six offices, reception area, open desk space, and entryway; Front offices receive natural light
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