Historic downtown Ottawa building being offered for sale. 3 separate yet connected buildings with 3 separate tax bills. The property was formally an accounting office and it has been vacant for several years. A Great location for future development. One block from the main downtown shopping and restaurant district, two blocks from the Illinois and Fox Rivers in the town of two rivers and Starved Rock Country. The property is also conveniently located 1-2 blocks from the future riverfront development of the new YMCA. Features include the south building that is approximately 1,400 square feet on each of the two floors for a total of 2,800 sqft. The first floor has many temporary walls for offices and could easily be opened up for wide-open architecture. The second floor of the first building is much the same and could remain offices or be converted to living areas/lofts. The back building is a large garage-type building with approximately 1,100 square feet and just a single level. The 3rd building is two levels which are bordered by the alley and Berta's Tap is 2,200 sqft with approximately 1,100 sqft on each floor. The main floor is offices with separate rooms and second level featured apartments with kitchens and private bathrooms, perfect to convert to a loft or short term rentals. This property is an open canvas with many options and opportunities for development and rehab. The property is sold AS-IS seller will make no repairs or provide any credits.
Listed by:
Coldwell Banker Real Estate Group
Date | Days Ago | Event | New Price |
---|---|---|---|
Feb 9, 2023 | 8 mos ago | Price decreased25,000 (14%) | $150,000 |
Oct 12, 2022 | 12 mos ago | Price decreased25,000 (13%) | $175,000 |
Jul 12, 2022 | 1 yr ago | New on market | $200,000 |