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Office Suite with Reception Area

227 W Madison Street, Ottawa, IL 61350

For Lease
New
Contact for pricing

Commercial Lease, Ottawa, IL

Space Size3,200 SF
Days on Market7

Property Features for 227 W Madison Street

General Information

Property type Commercial Lease
Property subtype Office
Zoning COMMR
Directions Rt 23 south to Madison St west to property on south side of Madison.
Subdivision Danway / Dayton / Naplate / Ottawa / Prairie Center
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1915
Floors in Building 2
Number of units 2
Flooring type Vinyl
Listing Agency: Spring Realty
Listed By: Ricky Gray · License #475127902
Added: Nov 3 Changed: Nov 5 Last Checked: Nov 9 at 10:06AM
MLS# 12800550

Copyright © 2026 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.

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Investment Insights

Based on property information with market context.

This 3,200-square-foot main-floor office suite includes six offices, a reception area, open desk space, and an entryway. The front offices receive natural light, and vinyl flooring has been installed throughout. Central air serves the space, which carries COMMR zoning; the building dates to 1915.

At 227 W Madison Street in Ottawa, the property is one block from the LaSalle County Courthouse and City Hall, and two blocks from the Illinois and Fox Rivers. The suite is offered for lease.

Key Highlights

  • 3,200‑square‑foot main‑floor office suite
  • Six offices, reception area, open desk space, and entryway
  • New vinyl flooring throughout

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Fuller Michael W Law Firm Richard L. Burton Law Firm Burton, Fuller & Associates, ... Law Firm Shannan Hermann Physician Eric Denny Physician

Suggested Use

Top Pick Real Estate Agency Dental Office Big Box & Wholesale Store Garden Center Cafe & Coffee Shop Storage Facility

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Six private offices, reception space, and open desk areas support a flexible workplace layout.
Where is this office unit located?
The property is located at 227 W Madison Street Ottawa, IL.
What are key features of this property?
This property features: 3,200‑square‑foot main‑floor office suite; Six offices, reception area, open desk space, and entryway; New vinyl flooring throughout
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