511 Illinois Ave, Unit 23 Ottawa, IL 61350-2711

Property Details for 511 Illinois Ave

Year built

1927

Lot size

0.10 lot acres

Property size

3,936 SF

Property type

Commercial real estate

APN

22-14-217-018

APU

2214217018

Description

This exceptional 3,936 square foot mixed-use building in Ottawa, Illinois, presents a unique investment opportunity. Ideally situated near Starved Rock State Park, this property benefits from a high volume of tourist and local traffic, creating a strong potential for both retail and residential income streams. The building's prime location ensures consistent foot traffic and visibility, making it an attractive proposition for a variety of businesses. The substantial square footage allows for flexible configurations to suit diverse needs, whether it's a retail space with attached residential units, or a completely separate commercial and residential setup. This presents a rare chance to capitalize on the thriving tourism industry in the area while also benefiting from a stable residential income source. The property sits on a 0-acre lot, offering ample space for potential expansion or outdoor amenities. This mixed-use building represents a compelling investment for those seeking to diversify their portfolio or establish a presence in a highly desirable and rapidly growing area of Illinois. The property's strategic location and versatile layout make it an ideal choice for both seasoned investors and first-time buyers looking for a lucrative and stable investment. Don't miss this chance to acquire a piece of prime real estate in a sought-after location.