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300 W Joliet St 11,475 SF 64% Leased Flex Building Ottawa, IL 61350 $1,345,027 CAD ($117.21 CAD/SF) 8.80% Cap Rate

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Investment Highlights

  • Fully remodeled in 2017, including new exterior improvements.
  • Additional new access door installed, enhancing building accessibility.
  • New roof installed in 2025 and new HVAC system installed in 2023.
  • Located within an established industrial corridor with convenient access to IL Route 23, Interstate 80, and Interstate 39.

Executive Summary

300 W Joliet Road is an 11,475-square-foot industrial building situated on a 0.46-acre site in Ottawa, Illinois. The property has been fully remodeled, including a new exterior completed in 2017, a new HVAC system installed in 2023, and a new roof installed in 2025. Zoned B-3, the property offers a sale-leaseback opportunity for 4,276 SF, along with additional leasable space, providing both owner-user and investment appeal. The property is offered for sale at $989,718.

Attachments

Sale Brochure

Property Facts

Price $1,345,027 CAD
Price Per SF $117.21 CAD
Sale Type Investment
Cap Rate 8.80%
Sale Condition Sale Leaseback
Property Type Flex
Building Class C
Lot Size 0.46 AC
Rentable Building Area 11,475 SF
No. Stories 1
Year Built/Renovated 1985/2026
Clear Ceiling Height 10’
Zoning B-3

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,947 SF
  • Industrial
  • Full Build-Out
  • Now

The available space at 300 W Joliet Road offers 3,947 square feet of climate-controlled industrial space within a well-maintained facility in Ottawa, Illinois. The space was fully remodeled in 2017, including a new exterior, and features a new HVAC system installed in 2023. With approximately 10 feet of clear height and an additional newly installed access door, the space is well suited for light industrial, production, or warehouse uses requiring controlled interior conditions.

Space Size Space Use Condition Available
1st Floor 3,947 SF Industrial Full Build-Out Now

1st Floor

Size
3,947 SF
Space Use
Industrial
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,947 SF
Space Use Industrial
Condition Full Build-Out
Available Now

The available space at 300 W Joliet Road offers 3,947 square feet of climate-controlled industrial space within a well-maintained facility in Ottawa, Illinois. The space was fully remodeled in 2017, including a new exterior, and features a new HVAC system installed in 2023. With approximately 10 feet of clear height and an additional newly installed access door, the space is well suited for light industrial, production, or warehouse uses requiring controlled interior conditions.

Walk Score®
Very Walkable (86)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Property Taxes

Property Taxes

Parcel Number
21-02-430010
Land Assessment
$11,759 CAD
Improvements Assessment
$90,373 CAD
Total Assessment
$102,133 CAD
  • Listing ID: 39723202

  • Date on Market: 2026-03-10

  • Last Updated:

  • Address: 300 W Joliet St, Ottawa, IL 61350

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