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McKinley Rd. Strip Center 301-315 E Mckinley Rd 9,664 SF 100% Leased Retail Building Ottawa, IL 61350 $907,348 CAD ($93.89 CAD/SF)



EXECUTIVE SUMMARY
Presenting a highly desirable investment opportunity in a thriving commercial area, this 12,953 square-foot strip center is strategically located next to a well-established national grocery store chain and just off the busy intersection of IL Route 23 and McKinley Road. The property benefits from excellent visibility and high traffic counts, with 10,900 AADT (Annual Average Daily Traffic) along IL 23, making it a prime location for retail, office, or restaurant businesses. This property features seven (7) Units - with one (1) vacant space available. C-3 zoning allows a flexible mix of office, retail, or restaurant uses while neighboring national grocery anchor ensures steady foot traffic. Easy accessibility and strong visibility near the corner of IL 23 and McKinley Road. Seller Financing Available for well-qualified buyers! This well-maintained property offers a solid income stream with long-term tenants and tremendous upside potential for investors or owner-occupants. Ideal for those looking to capitalize on the demand for commercial space in a high-traffic, growth-oriented area.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
9,664 SF
Building Class
B
Year Built
1980
Price
$907,348 CAD
Price Per SF
$93.89 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.18
Lot Size
1.23 AC
Zoning
C-3 - Commercial
Parking
235 Spaces (3.96 Spaces per 1,000 SF Leased)
Frontage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Accountant
- -
- -
- $6.62 CAD
- Modified Gross
- Sep 2023
- Chix Jr
- Accommodation and Food Services
- -
- $7.27 CAD
- Full Service
- Dec 2014
- Dimond Bros Insurance Agency
- Finance and Insurance
- -
- -
- -
- -
- Great Heights Family Medicine
- Services
- -
- -
- -
- -
- Health Center-Eastern La Salle
- Health Care and Social Assistance
- -
- -
- -
- -
- Tax Stohr
- Professional, Scientific, and Technical Services
- -
- -
- -
- -
- Trista's Cutting Edge
- Services
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Accountant | - | - | $6.62 CAD | Modified Gross | Sep 2023 | |
| Chix Jr | Accommodation and Food Services | - | $7.27 CAD | Full Service | Dec 2014 | |
| Dimond Bros Insurance Agency | Finance and Insurance | - | - | - | - | |
| Great Heights Family Medicine | Services | - | - | - | - | |
| Health Center-Eastern La Salle | Health Care and Social Assistance | - | - | - | - | |
| Tax Stohr | Professional, Scientific, and Technical Services | - | - | - | - | |
| Trista's Cutting Edge | Services | - | - | - | - |
PROPERTY TAXES
| Parcel Number | 22-24-117000 | Improvements Assessment | $134,629 CAD |
| Land Assessment | $23,702 CAD | Total Assessment | $158,332 CAD |
PROPERTY TAXES
Parcel Number
22-24-117000
Land Assessment
$23,702 CAD
Improvements Assessment
$134,629 CAD
Total Assessment
$158,332 CAD
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McKinley Rd. Strip Center | 301-315 E Mckinley Rd
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