Starved Rock Commercial
For Sale
$145,000
1313 Chestnut Street, Ottawa, IL 61350
Established bike shop near Starved Rock State Park for sale.
Property Size14,719 SF
Price / SF$9.85
Days on Market452
Property Features for 1313 Chestnut Street
General Information
Standard status
Active
Size
14,719 SF
Zoning
COMMR
Taxes and HOA fees
Annual Taxes
$2,735
Building Details
Year Built
2006
Stories
1
Listing Agency:
Coldwell Banker Real Estate Group
Listed By:
George Shanley · License #475092481
(815) 228-1859
Source:
Compass
Added: Jun 9, 2025
Changed: Sep 3
Last Checked: Sep 1 at 11:00PM
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 Coldwell Banker Real Estate Group
Investment Insights
Based on property information with market context.
This unique commercial property is located in the "Town of Two Rivers," near the Illinois & Michigan Canal and close to Starved Rock State Park and other state parks. Currently operating as a bike shop offering sales, rentals, and repairs, the property is positioned to attract outdoor enthusiasts year-round. The main building includes a lobby, office space, service area, kitchen, and two bathrooms, making it suitable for various business needs. In 2014, a 13' x 24' Morton building was added, providing additional space for storage, workspace, or future expansion. The property offers possibilities to continue the bike business, convert to retail or office space, or bring your own vision to life. The building has a total size of 1325 square feet.
Key Highlights
- Prime location in Starved Rock Country, a major tourist destination.
- Established business opportunity as a well‑regarded bike shop with sales, rentals, and repairs.
- High‑visibility, high‑traffic location in the 'Town of Two Rivers', near bike paths and scenic routes.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,001
Businesses Nearby
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Established bike shop near Starved Rock State Park for sale.
Where is this retail space located?
The property is located at 1313 Chestnut Street Ottawa, IL.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Prime location in Starved Rock Country, a major tourist destination.; Established business opportunity as a well‑regarded bike shop with sales, rentals, and repairs.; High‑visibility, high‑traffic location in the 'Town of Two Rivers', near bike paths and scenic routes.
