Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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