801 Etna Rd Ottawa, IL 61350
- Land
- 7.75 lot acres
Current Use by Public Records
- Heritage Woods of Ottawa / Assisted Living Facility
Property Details for 801 Etna Rd
- Lot size
- 7.75 lot acres
- Property type
- Land
Description
This exceptional 7.75-acre property presents a unique investment opportunity in Ottawa, Illinois. Located at 801 E Etna Rd, this land offering comprises two parcels totaling 337,594 square feet (approximately 7.75 acres). One parcel is zoned C-Business, encompassing 107,047 square feet, while the second parcel offers zoning flexibility with A-2 (single-family or duplex), B (single-family, duplex, multi-family), and MF designations, covering 230,547 square feet. The property benefits from its annexation into the City of Ottawa, ensuring access to all essential utilities, including city sewer, water, storm drainage, electricity, gas, and telephone lines. Existing infrastructure includes some sidewalks, enhancing accessibility and development potential. Its advantageous location offers proximity to a City of Ottawa park, providing convenient access to recreational amenities. Furthermore, this property is strategically situated within the I-80 commercial Tax Increment Financing (TIF) district and the Ottawa Enterprise Zone, potentially offering significant economic incentives for development projects. The asking price for this remarkable land parcel is $875,000. This presents a compelling opportunity for developers seeking a prime location with diverse zoning options and substantial infrastructure support.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ottawa
- County
- Lasalle
- State
- Illinois
- Longitude
- -88.8197
- Latitude
- 41.3735
