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130 E Madison St 5,452 SF Vacant Office Building Ottawa, IL 61350 $523,470 CAD ($96.01 CAD/SF)
EXECUTIVE SUMMARY
Nestled just off the beaten path in the heart of downtown Ottawa, this turnkey two-story commercial building is a hidden gem. With 5,452 SF in total area, split evenly across two floors, it is perfect for a restaurant, office, or medical/law practice. With an open floor plan throughout, the building can be tailored to your vision and usage. How does a restaurant or office with expansive views of the Fox River sound? Both floors are walk-outs and can be separate units with separate entrances. The property includes ample off-street parking with an entire city lot behind the building. Just a few steps from Ottawa’s courthouse, restaurants, shops, parks, and the River Walk, where the Illinois and Fox River meet. Ottawa has a little something for everyone so claim this unique opportunity today.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
5,452 SF
Building Class
C
Year Built
1940
Price
$523,470 CAD
Price Per SF
$96.01 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,726 SF
Building FAR
0.39
Lot Size
0.32 AC
Parking
35 Spaces (6.42 Spaces per 1,000 SF Leased)
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Walk Score®
Very Walkable (82)
PROPERTY TAXES
| Parcel Number | 21-11-248014 | Improvements Assessment | $50,940 CAD |
| Land Assessment | $20,807 CAD | Total Assessment | $71,747 CAD |
PROPERTY TAXES
Parcel Number
21-11-248014
Land Assessment
$20,807 CAD
Improvements Assessment
$50,940 CAD
Total Assessment
$71,747 CAD
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130 E Madison St
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