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Ottawa, IL Commercial Real Estate for Sale

14 results
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Former Montgomery Ward Building
$474,900
0.13 Acres

Former Montgomery Ward Building

800 La Salle St, Ottawa, IL 61350

Four-level building suitable for retail, office, and residential use.

  • High‑traffic location on one of Ottawa's busiest streets.
  • Substantial size: 5,400 sq ft per level, totaling four levels.
  • Versatile space suitable for retail, office, or residential use.
  • Value‑add opportunity for investors/developers through rehabilitation.
  • Durable brick construction.
Updated: Oct 29, 2025
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Ottawa Commercial Building Investment Opportunity
$510,000
0.07 Acres

Ottawa Commercial Building Investment Opportunity

227 W Madison St, Ottawa, IL 61350

Two-story commercial building in Ottawa's historic downtown, near courthouse.

  • 6400 sq ft 2‑story building in historical downtown Ottawa.
  • Located one block from the courthouse and in the Heart of Starved Rock Country.
  • First floor (3200 sq ft) is vacant, offering large offices, conference room, bathrooms and kitchen.
  • Second floor (3200 sq ft) is fully leased.
  • Elevator servicing both first and second floors.
Updated: Sep 22, 2025
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Ottawa Commercial Site with Warehouse
$729,900
3.68 Acres

Ottawa Commercial Site with Warehouse

3.68 acre commercial site with storefront and warehouse.

1021 Fosse Rd, Ottawa, IL 61350
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Ottawa Warehouse Buildings on 1.37 Acres
$259,000
1.37 Acres

Ottawa Warehouse Buildings on 1.37 Acres

Two warehouse buildings on 1.37 acres in Ottawa, IL.

1015 Fosse Rd, Ottawa, IL 61350
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Downtown Ottawa Commercial Building For Sale
$449,900
0.30 Acres

Downtown Ottawa Commercial Building For Sale

Three-story commercial building in downtown Ottawa with redevelopment potential.

814 La Salle St, Ottawa, IL 61350
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Ottawa Restaurant Opportunity
$399,927
0.16 Acres

Ottawa Restaurant Opportunity

Established restaurant for sale in Ottawa, Illinois.

323 Railroad Ave, Ottawa, IL 61350
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3401 Il St, Ottawa, IL 61350
$890,000
22,680 SF

3401 Il St, Ottawa, IL 61350

Mixed-use properties • 22,680 SF

3401 Il St, Ottawa, IL 61350
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Downtown Ottawa Mixed-Use Gem
$200,000

Downtown Ottawa Mixed-Use Gem

Prime redevelopment opportunity in vibrant Ottawa, IL.

112 Madison St, Ottawa, IL 61350
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Historic Ottawa Multi-Family Investment
$819,000
6,724 SF

Historic Ottawa Multi-Family Investment

Seven-unit brick building, prime location. Exceptional condition.

1201-1217 Illinois Ave, Ottawa, IL 61350
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Downtown Ottawa Mixed-Use Gem
$275,000
5,351 SF

Downtown Ottawa Mixed-Use Gem

Historic Charm, Modern Amenities, Endless Potential

1507 La Salle St, Ottawa, IL 61350
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Prime Ottawa Mixed-Use Space
Contact for pricing
10,409 SF

Prime Ottawa Mixed-Use Space

High-traffic corner lot, customizable space.

4104 Veterans Dr, Ottawa, IL 61350
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Ottawa Avenue Commercial Property
$99,900
6,243 SF

Ottawa Avenue Commercial Property

Versatile 6,243 sq ft building, great income potential.

2001 Ottawa Ave, Ottawa, IL 61350
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Riverfront Office Building For Sale
$375,000
5,452 SF

Riverfront Office Building For Sale

5,472 SF office building for sale on the river.

130 E Madison St, Ottawa, IL 61350
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Based on your search, we've compiled 1364 Potential Opportunities for your consideration. Besides 14 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1343 Off-Market properties to explore as potential leads, plus 3 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Marseilles Multi-Unit Residential Income Property
$219,900
0.37 Acres

Marseilles Multi-Unit Residential Income Property

Two-unit property in Marseilles, IL, with conversion potential.

1019-1021 Bluff Pl, Marseilles, IL 61341
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Residential Land in Marseilles, IL
$38,000
1.11 Acres

Residential Land in Marseilles, IL

1.11 acre lot for residential development near Heritage Harbor.

2977 E 2370Th Rd, Marseilles, IL 61341
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Prime Utica/Starved Rock Site
$795,000

Prime Utica/Starved Rock Site

Prime commercial land near Starved Rock State Park.

2951 N Il 178, North Utica, IL 61373
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Commercial Land For Sale
$595,000

Commercial Land For Sale

0.80 acre lot for commercial development in North Utica, IL.

2965 N Il 178, North Utica, IL 61373
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Land Near I-80 Interchange
$1,600,000

Land Near I-80 Interchange

Land with I-80 visibility, utilities ready, TIF and Enterprise Zone.

Etna Dr, Ottawa, IL
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Ottawa Land For Sale
$875,000
7.75 Acres

Ottawa Land For Sale

7.75 acres in Ottawa I-80 commercial TIF and Enterprise zone.

801 E Etna Rd, Ottawa, IL 61350
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Land Near I-80 Interchange
$1,600,000

Land Near I-80 Interchange

Land with I-80 visibility, utilities ready, TIF and Enterprise Zone.

Centennial Dr, Ottawa, IL 61350
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Explore Off-Market Properties in Ottawa, IL

Consider similar Off-Market properties in Ottawa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

630 Madison St

630 Madison St

Office Properties & Spaces
Value Estimation by Request
630 Madison St, Ottawa, IL 61350
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628 Madison St

628 Madison St

Office Properties & Spaces
Value Estimation by Request
628 Madison St, Ottawa, IL 61350
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2709 Columbus St

2709 Columbus St

Restaurants • 35,000 SF
Value Estimation by Request
2709 Columbus St, Ottawa, IL 61350
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626 Madison St

626 Madison St

Multifamily properties • 6,288 SF
Value Estimation by Request
626 Madison St, Ottawa, IL 61350
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1201-1217 Illinois Ave

1201-1217 Illinois Ave

Commercial real estate • 6,724 SF
Value Estimation by Request
1201-1217 Illinois Ave, Ottawa, IL 61350
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1201-1217 Illinois Ave

1201-1217 Illinois Ave

Multifamily properties • 6,724 SF
Value Estimation by Request
1201-1217 Illinois Ave, Ottawa, IL 61350
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4104 Veterans Dr

4104 Veterans Dr

Mixed-use properties • 10,409 SF
Value Estimation by Request
4104 Veterans Dr, Ottawa, IL 61350
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3107 State Route 23

3107 State Route 23

Office Properties & Spaces • 11,000 SF
Value Estimation by Request
3107 State Route 23, Ottawa, IL 61350
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2052 2753rd Rd

2052 2753rd Rd

INDUSTRIAL (GENERAL) • 1,680 SF
Value Estimation by Request
2052 2753rd Rd, Ottawa, IL 61350-9704
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1325 2803rd Rd

1325 2803rd Rd

INDUSTRIAL (GENERAL) • 23.63 Acres
Value Estimation
$255,000
1325 2803rd Rd, Ottawa, IL 61350-9769
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Ottawa, IL Commercial Real Estate Investment Opportunities Market Analysis

Explore 1102 commercial real estate investment opportunities in Ottawa, IL with 14 listings featured on our commercial real estate marketplace. The current inventory includes 170,526,000 square feet of properties with an estimated value of $182,506,627.

Estimated prices for commercial real estate in Ottawa, IL begin at $40,900, with an average of $362,836 and extend to $5,940,000.

In Ottawa, IL, current investment values show:

  • Other commercial real estate positioned at $370,534
  • Industrial properties measuring $369,189
  • Other industrial properties assessed at $366,134
  • Land calculated at $154,375
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