Property profile

61350 Usa Ottawa, IL 61350

OFF-MARKET
Land
9.68 ac lot
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Property summary

AI-generated overview

This exceptional 9.68-acre parcel presents a unique investment opportunity in Ottawa, Illinois. Strategically located in the North TIF District and Enterprise Zone, this property offers significant advantages for developers and businesses. The land is zoned D, permitting office, research, and light industrial uses, with commercial zoning (C) also allowed. Its proximity to the I-80/Rt 23 interchange ensures excellent accessibility and visibility. Currently used for farming, this expansive lot is ready for development. The property's location within the Enterprise Zone may qualify for federal grants, particularly beneficial for manufacturing projects. The parcel's APN is 14-36-147-000. The address is SWC E Stevenson & Burmac Rd, Ottawa, IL 61350. Note that an additional 10.05-acre parcel on Stevenson Road is also available for purchase separately. This prime location, combined with flexible zoning and potential grant opportunities, makes this a compelling investment prospect for a wide range of commercial and industrial ventures. The asking price for this 9.68-acre lot is $399,000. This property offers significant potential for growth and return on investment.

Property profile

Verified
Property type Land
Lot 9.68 ac (421,661 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

61350 Usa Ottawa, IL 61350
Ottawa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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