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Multi-Suite Office Building

612 Court St, Ottawa, IL 61350

For Sale
$399,000

Private offices have individually controlled heating and air conditioning, with a finished basement providing additional space.

Property SizeContact for details
Days on Market83

Property Features for 612 Court St

General Information

Standard status Active
Property subtype Commercial

Property Condition

Severity Repairs Needed
Evidence HVAC & Roof total update cost = $319,200

Building Details

Year Built 1967
Listing Agency: RE/MAX 1st Choice
Listed By: Jessica Lucas
From the agent's profile:
Source: Searchillinoishomesforsale
Added: Aug 20 Changed: Nov 1 Last Checked: Nov 10 at 10:55AM

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 RE/MAX 1st Choice

Rey
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Investment Insights

Based on property information with market context.

This 1967 office building offers more than 5,000 square feet across its main floor and finished basement. Multiple private office suites are served by individually controlled heating and air conditioning units. The basement adds a substantial area for storage or potential sublease use.

The property is at 612 Court St in downtown Ottawa, within walking distance of shops, restaurants and the Ottawa courthouse.

Key Highlights

  • More than 5,000 square feet across the main floor and finished basement
  • Multiple private office suites
  • Heating and air conditioning units are individually controlled for each suite

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Planned Parenthood - Ottawa ... Medical Clinic

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.

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

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 building - Private offices have individually controlled heating and air conditioning, with a finished basement providing additional space.
Where is this office building located?
The property is located at 612 Court St Ottawa, IL.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: More than 5,000 square feet across the main floor and finished basement; Multiple private office suites; Heating and air conditioning units are individually controlled for each suite
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