Ottawa, IL 61350
- Land
- 28.39 lot acres
Current Use by Public Records
- Land
Property Details
- Lot size
- 28.39 lot acres
- Property type
- Land
Description
This exceptional 28.39-acre commercial land parcel presents a unique investment opportunity in Ottawa, Illinois. Strategically located south of Interstate 80, this property boasts unparalleled visibility and convenient access, ensuring high traffic exposure for any commercial development. The site is fully entitled and equipped with all necessary utilities, eliminating significant pre-development hurdles and accelerating project timelines. Zoned for commercial use ("E"), this land is ready for immediate development. Its location within a Tax Increment Financing (TIF) district and Enterprise Zone offers potential tax advantages and economic incentives, further enhancing its investment appeal. The property's APN is 14-36-351-000 and is offered as a fee simple ownership. This prime location in LaSalle County, Illinois, with its zip code 61350, presents a rare chance to capitalize on the high-traffic volume generated by the I-80 interchange. The asking price for this exceptional commercial land is $1,850,000. Don't miss this opportunity to secure a highly desirable and strategically positioned commercial property in a thriving Illinois market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottawa
- County
- Lasalle
- State
- Illinois
- Longitude
- -88.8508
- Latitude
- 41.3717
