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Retail Space with Attached Garage
For Sale
$299,500

3038 N State Route 71, Ottawa, IL 61350

Customer-facing retail property with an attached garage, substantial parking, and direct access near a major interstate interchange.

Property Size5,400 SF
Lot Size2.75 Acres
Price / SF$55.46
Days on Market49

Property Features for 3038 N State Route 71

General Information

Standard status Active
Size 5,400 SF
Total Parking Spaces 50
Lot size 2.75 Acres
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Year Built 1969
Stories 1
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Andrew Cook · License #471002860
Source: Commercialcafe
Added: Jul 13 Changed: Aug 29 Last Checked: Aug 29 at 8:25PM

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 retail property at 3038 N State Route 71 in Ottawa, Illinois, includes approximately 5,400 square feet of commercial building area on 2.75 acres. An attached garage adds storage or workspace, while the large paved parking area accommodates approximately 50 vehicles. The building was constructed in 1969.

The property occupies the intersection of Interstate I-80 and IL Route 71, providing access from both regional and local routes. Its placement at the interchange connects the site with passing motorists and offers convenient approach points for customers, clients, and employees.

Key Highlights

  • Approximately 5,400 square feet of commercial building area
  • 2.75‑acre property at the intersection of Interstate I‑80 and IL Route 71
  • Parking for approximately 50 vehicles

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Electrical Service Plumbing Service Auto Repair Shop Auto Parts Store Grocery & Convenience Store 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

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

39
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Shell Shops & Services
5,701 visits/mo 0.3 miles

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

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Customer-facing retail property with an attached garage, substantial parking, and direct access near a major interstate interchange.
Where is this retail space located?
The property is located at 3038 N State Route 71 Ottawa, IL.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: Approximately 5,400 square feet of commercial building area; 2.75‑acre property at the intersection of Interstate I‑80 and IL Route 71; Parking for approximately 50 vehicles
More about this property
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