Current Use by Public Records
- Land
Property Details
- Lot size
- 29.35 lot acres
- Property type
- Land
Description
This exceptional 29.35-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 to one of the region's major transportation arteries. The site is fully entitled for commercial development, eliminating lengthy permitting processes and allowing for immediate project commencement. All necessary utilities are readily available, further streamlining the development timeline and minimizing upfront costs. The property is zoned "E" for commercial use and benefits from its location within both a Tax Increment Financing (TIF) district and an Enterprise Zone, offering potential tax advantages and economic incentives for developers. The legal description includes APN numbers 14-36-418-000 & 14-36-406-000, and the ownership is fee simple. This prime location in Ottawa, LaSalle County, IL (zip code 61350) offers significant potential for a wide range of commercial ventures, making it an ideal investment for businesses seeking high visibility and convenient access to major transportation routes. The asking price for this exceptional property is $1,600,000.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottawa
- County
- LaSalle
- State
- Illinois
- Longitude
- -88.8455
- Latitude
- 41.3754
