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    Ottawa, IL Restaurants for Sale

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    Marseilles, IL Grand Ridge, IL North Utica, IL
    Versatile Commercial Property in Ottawa
    $425,000
    3,420 SF

    Versatile Commercial Property in Ottawa

    514 State Street, Ottawa, IL 61350

    3,420 SF commercial space ideal for restaurant or office.

    • 3,420 sq ft versatile space suitable for restaurant, office, or other businesses.
    • Ample on‑site parking with 30 spaces.
    • New rubber roof and updated HVAC system (2017).
    • Ansul fire suppression system (turnkey for food service).
    • Handicapped‑accessible entrances.
    Updated: Apr 15, 2025
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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 1 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Marseilles Commercial Building For Sale
    $430,000
    1,974 SF

    Marseilles Commercial Building For Sale

    2,400 SF building in Marseilles' Central Business District.

    237 Commercial St, Marseilles, IL 61341
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    Former Restaurant with Drive-Thru
    $370,000
    0.98 Acres

    Former Restaurant with Drive-Thru

    Former restaurant with drive-thru, large parking, great corner location.

    1 Marquette Avenue, Oglesby, IL 61348
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    Former Restaurant with Drive-Thru
    $370,000
    3,150 SF

    Former Restaurant with Drive-Thru

    Former restaurant with drive-thru, large parking, multiple uses possible.

    1 Marquette Avenue, Oglesby, IL 61348
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    Turnkey Bowling Alley For Sale
    $425,000
    5,535 SF

    Turnkey Bowling Alley For Sale

    Established bowling alley with bar, gaming, and rental income.

    331 Main Street, Marseilles, IL 61341
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in North Utica, IL
    $725,000
    1.09 Acres

    Land in North Utica, IL

    Commercial land available in North Utica, Illinois.

    793 US Rt 6, North Utica, IL 61373
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    Utica, IL Commercial Land
    $795,000
    1.31 Acres

    Utica, IL Commercial Land

    Commercial land available in Utica, Illinois.

    2951 N Il-178, Utica, IL 61373
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    Utica, IL Commercial Land
    $595,000
    0.80 Acres

    Utica, IL Commercial Land

    Commercial land available in Utica, Illinois.

    2965 N IL-178, Utica, IL 61373
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    Utica, IL Commercial Land
    $975,000
    1.49 Acres

    Utica, IL Commercial Land

    Commercial land available in Utica, Illinois.

    2959 N Illinois 178 E 8th Road, Utica, IL 61373
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    Off-Market Properties in Ottawa, IL

    Consider similar Off-Market properties in Ottawa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2709 Columbus St
    Restaurants
    35,000 SF
    Value Estimation by Request

    2709 Columbus St, Ottawa, IL 61350

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    3401 Ottawa Il 61350
    Restaurants
    Lot: 17.44 Acres
    Value Estimation by Request

    3401 Ottawa Il 61350, Ottawa, IL 61350

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    Ottawa, IL Restaurants Investment Opportunities Market Analysis

    Explore 3 restaurants for sale in Ottawa, IL on our real estate platform. These investment opportunities span a total of 3,420 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for restaurant properties in Ottawa, IL start at $425,000, averaging $425,000, and reaching up to $425,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 24K
    Population Growth (5Y) +0.7%
    Median Household Income $77,562
    College Educated 27.7%

    High-Yield Neighborhoods for Investment

    Identify Ottawa submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    61350 $425K

    Taxes & Financing

    Average Loan-to-Value 65.0%

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