227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
227 W Madison ST, Ottawa, IL 61350
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Sara Latta-Young

Sara Latta-Young

+1(815) 685-5090
$ 499,900
Est. payment | /mo

6,400 SqFt

Save
$ 499,900
Est. payment | /mo
Save

6,400 SqFt

Key Details

Property Type Commercial

Sub Type Office/Tech

Listing Status Active

Purchase Type For Sale

Square Footage 6,400 sqft

Price per Sqft $78

MLS Listing ID 12800525

Year Built 1915

Annual Tax Amount $11,528

Tax Year 2024

Lot Dimensions 40X80

Property Sub-Type Office/Tech

Property Description

Attention Owners/Investors, Don't miss out on this 6400 sq ft 2 story building investment opportunity in historical downtown Ottawa and located one block from the courthouse and in the Heart of Strarved Rock Country. The first floor is 3200 sq ft and is currently vacant. Offering lots of large offices, soaring ceilings, conference room, entryway for that perfect greeter. Bathrooms and kitchen all on the first floor. A little elbow grease and some cosmetic work will have potential tenants knocking down the door. The second floor is 3200 sq ft and is fully leased at. After your facelift of the first floor, the building value and income will increase. There is an elevator servicing both first and second floors. The building also has a full basement, half shared by each floor for more storage opportunity. Lower level currently available for rent. If interested in leasing, Owner will consider a buildout. Two blocks from Illinois and Fox Rivers. This building has lots of possibilities such as office or possibly apts above a business. Come and check it out today!

Location

State IL

County Lasalle

Area Danway / Dayton / Naplate / Ottawa / Prairie Center

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Office/Tech

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ricky Gray of  Spring Realty 

NEARBY PROPERTIES

Sara Latta-Young

+1(815) 685-5090

saralattayoung@gmail.com

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227 W Madison ST

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