Technical
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Property profile

630 Madison St Ottawa, IL 61350

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

This 1250-square-foot retail space at 630 W Madison St, Ottawa, IL 61350, is immediately available for lease. The single-tenant space boasts newer vinyl flooring and a functional layout including a reception area, open concept main space, a private room or storage area, and a bathroom. The property is situated in a vibrant downtown area experiencing significant revitalization, with numerous new restaurants, boutiques, and other businesses. Its corner location offers excellent visibility. The space is adjacent to another 1250-square-foot retail space (available for lease separately at $700/month) and apartments above, creating a synergistic environment. A 1000-square-foot, four-car garage in the rear is also available for lease at $300/month, offering potential for additional storage or operational space. This turnkey opportunity allows for customization to suit a variety of business needs. Easy to tour. The property is located at 41.3469195, -88.8500351.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

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

Location

630 Madison St 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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