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Financial
Distress signals
Property profile

2740 Columbus St 2744 Ottawa, IL 61350

OFF-MARKET
Commercial real estate
Property ID
US28-4253534
21,112 SF 1.59 ac lot Built 2005
Last sale Oct 2025 · $4,400,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Wally Ottawa Plaza, a highly visible 31,208 square foot grocery-anchored shopping center, presents a compelling investment opportunity. Located in Ottawa, Illinois, a retail hub for LaSalle County, this property boasts an excellent location just 0.4 miles south of I-80, on the east side of Columbus Street and Kain Street. The center benefits from a lighted intersection on Columbus Street (Route 23), a major thoroughfare with a daily traffic count of 21,600 vehicles. This prime location…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$504k
Assessed land$159k
Assessed improvement$345k

Value estimate

· Oct 2026
$510k
$459k – $561k
Submarket $/SF estimate$2.04M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$66/SF
ZIP average, outlier-cleaned · 162 recorded sales of this use type
Observed band · Q1–Q3$38 – $105
Qualifying comparables5

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionLASALLE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.2
Dental Office14.7
Hair Salon12.0

Location

2740 Columbus St, Unit 2744 Ottawa, IL 61350-3767
County assessor Recorded deeds · 2 transfers 5 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
725 La Salle, Ottawa, IL 61350-5011 $100,000 Feb 2026 11,760 SF
2568 State Rte 23, Ottawa, IL 61350-9358 $450,000 Feb 2026 17,200 SF
4001 Columbus, Ottawa, IL 61350-9533 $3,700,000 Dec 2025 17,664 SF
3078 State Rte 71, Ottawa, IL 61350 $2,744,000 Dec 2025 17,500 SF
3401 State Rte 23, Ottawa, IL 61350-9651 $785,000 Oct 2025 13,317 SF
750 Centennial, Ottawa, IL 61350-1002 $2,231,000 Jun 2025 14,064 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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