Skip To Content

514 State Street

Ottawa, IL 61350
  • $425,000
  • STATUS: Active
  • ON SITE: 279 Days
  • MLS #: 12338557
UPDATED: 8 min ago
$425,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:
Area:

School Ratings & Info

Description

Prime commercial property available in Ottawa, IL, offering 3,420 square feet of versatile space ideal for a restaurant, office, or a variety of other business opportunities. Situated on a half-acre lot, the property features ample on-site parking with 30 spaces and includes handicapped-accessible entrances for convenience and compliance. The building showcases a durable combination of steel and wood construction, with a new rubber roof installed in 2017 and updated HVAC system from the same year. Additionally, the space is equipped with an Ansul fire suppression system, making it a turnkey option for food service operations. This well-maintained, high-visibility location offers excellent potential for investors and business owners alike.

Monthly Payment Calculator



© 2026 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-20T19:35:56.483 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
www.chicagocityliving.com/homes/162607772
Print Image

514 State Street Ottawa, IL 61350

  • Price: $425,000
  • Status: Active
  • On Site: 279 Days
  • Updated: 8 min ago
  • MLS #: 12338557
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Lasalle
County:
Lasalle
Area:
Lasalle
Property Description
Prime commercial property available in Ottawa, IL, offering 3,420 square feet of versatile space ideal for a restaurant, office, or a variety of other business opportunities. Situated on a half-acre lot, the property features ample on-site parking with 30 spaces and includes handicapped-accessible entrances for convenience and compliance. The building showcases a durable combination of steel and wood construction, with a new rubber roof installed in 2017 and updated HVAC system from the same year. Additionally, the space is equipped with an Ansul fire suppression system, making it a turnkey option for food service operations. This well-maintained, high-visibility location offers excellent potential for investors and business owners alike.
Exterior Features

Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadState Road Outdoor Parking 19-30 Spaces Roof Rubber Roof Structure Pitched Water Drainage Storm Sewers

Interior Features

Cooling Central AirCentral Individual Flooring CarpetVinyl Heat Ventilation Central Heat/Indiv ControlsForced Air Miscellaneous Inside Public Restroom/sBasement Number Of TLDocks 0

Property Features

Additional Parcels YN No Association Fee Frequency Not Applicable Building Area Total 3420 Current Use Commercial Electric Service - 201 to 600 Amps Fire Protection Ansul System Leasable Area 0 Mls Actual Status Active Net Operating Income 0 Property Offered For Sale Only Property Sub Type Restaurant Rental Price 0 Tax Annual Amount 11415 Tax Year 2023 Township Ottawa Type Retail/Stores Utilities Electric to SiteNatural Gas Available Water Source Municipal Water Zoning COMMR

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Today's, Realtors: 815-223-1088.


© 2026 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2026-01-20T19:35:56.483 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
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12338557-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12338557-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_12338557-1.jpg
Logo
Leila Keene & Marjorie Allabastro Team | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642