Property profile

Ottawa IL 61350 Stevenson & Mbl Dr Ottawa, IL 61350

OFF-MARKET
Land
10.05 ac lot
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Property summary

AI-generated overview

This exceptional 10.05-acre commercial and industrial land parcel presents a remarkable development opportunity in Ottawa, Illinois. Strategically located in the North TIF District and Enterprise Zone, this property enjoys convenient access to the I-80/Rt 23 interchange, offering unparalleled connectivity. Currently used for farming, the land is zoned for Light Industrial, Office, and Research uses (D Zoning), with Commercial zoning (C Zoning) also permitted. The property's prime location near major transportation routes makes it ideal for a variety of commercial and industrial ventures. Furthermore, the possibility of securing federal grants for manufacturing projects adds significant value. The parcel's APN is 14-36-143-000. This is a rare chance to acquire a substantial tract of land in a thriving area with excellent infrastructure and potential for significant returns. The property is situated at the Northwest corner of East Stevenson and Mable Drive, Ottawa, IL 61350 (LaSalle County, zip code 61350). Note that an additional 9.68-acre parcel is also available separately on Stevenson Road.

Property profile

Verified
Property type Land
Lot 10.05 ac (437,778 SF)

Cap rate & NOI

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

Location

Ottawa IL 61350 Stevenson & Mbl Dr 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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