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    116 Lafayette Street

    Ottawa, IL 61350
    • $338,000
    • STATUS: Active
    • ON SITE: 489 days
    • MLS #: 10390503
    UPDATED: 39 min ago
    $338,000
    • 0
      BEDS
    • 0.17
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,953
      SQFT
    • $68
      $/SQFT

    School Ratings & Info

    Description

    This is an exceptional commercial offering in the revitalized downtown district of Ottawa. The Ottawa Professional Building consists of 4,953 sf (MOL) including basement, 8 units, handicap accessible, across street from historical Washington Park. Ample parking in the rear Lot and along Lafayette Street. Interior remodeled and shows very well. Rear Lot has also been recently paved and rear access completely rebuilt. Motivated Sellers!!!

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-23T23:51:01.15 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    116 Lafayette Street Ottawa, IL 61350

    • Price: $338,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 10390503
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.17
    Acres
    4,953
    SQFT
    $68
    $/SQFT
    1908
    Built
    Neighborhood:
    Danway / Dayton / Naplate / Ottawa / Prairie Center
    County:
    La Salle
    Area:
    Danway / Dayton / Naplate / Ottawa / Prairie Center
    Property Description
    This is an exceptional commercial offering in the revitalized downtown district of Ottawa. The Ottawa Professional Building consists of 4,953 sf (MOL) including basement, 8 units, handicap accessible, across street from historical Washington Park. Ample parking in the rear Lot and along Lafayette Street. Interior remodeled and shows very well. Rear Lot has also been recently paved and rear access completely rebuilt. Motivated Sellers!!!
    Exterior Features

    Construction Other/Unknown Foundation ConcreteOther Location Central Business DistrictPark Adjacent Lot Dimensions 76' X 110' Lot Sq Ft 8360 Number Of Parking Spaces 10 Number Of TLDocks 0 Roof Coverings Shingle Composition Roof Structure Wood Joists

    Interior Features

    Air Conditioning Central Air Fire Protection None Floor Finish CarpetConcrete Miscellaneous Inside Private Restroom/S Number Of Drive In Doors 0 Number Of Stories 1 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use Office And Research Electrical Service 101-200 Amps Expense Year 2019 Exterior Building Type Masonite Extra Storage Spaces Available YN No Geographic Locale South Suburban Gross Rentable Area 4953 Gross Rental Income Amount 28179 Heat Ventilation Forced Air Investment YN Yes Known Encumbrances None Known Max Avail Sq Ft Rentable 4953 Min Avail Sq Ft Rentable 180 Net Oper Income Amount 14172 Net Operating Income Year 2019 Net Rentable Area 2712 Number Of Tenants 6 Possession Closing Potential Use CommercialOffice And Research Property Offered For Sale Only Tax Year 2019 Taxes 6428 Tenant Pays Electric Total Annual Exp 14508 Total Annual Expense Source Owner Projection Total Annual Income 28179 Total Monthly Income 2348 Township Ottawa Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Water Drainage Storm Sewers Zoning Type Offic

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Inland Real Estate Brokerage.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-23T23:51:01.15 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Northbrook IL, 60062