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300 W Joliet Street Ottawa, IL 61350

$989,718
Active / MLS# 12602569 / Commercial - Business / Ottawa
0 Beds
11475 SqFt

Versatile mixed use property available for sale and/or lease. The building totals approximately 11,475 SF and offers multiple occupancy options, including a 3,947 SF climate-controlled unit currently available for lease. Ideal for owner-users, investors, or businesses seeking flexible space for manufacturing, warehousing, or distribution. The property has been significantly improved, including a full remodel in 2017, new HVAC system (2023), new roof (2025), and updated exterior. Features include overhead doors, 14'-16' clear height (varies by unit), and functional office buildout. Investment opportunity with in-place income and additional upside through lease-up. One unit is available for occupancy, while another presents a potential sale-leaseback scenario, allowing an owner-user or investor to generate immediate cash flow. Strategically located with immediate access to IL Route 23 and minutes from I-80 and I-39, providing strong regional connectivity. Positioned within an established industrial corridor with convenient truck access.

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Property Details

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.42 Acres
Stories: 1.0
Taxes: $7,740
Year Built: 1985

Feature Descriptions

Electric: Circuit Breakers, Service - 101 to 200 Amps
Fire Protection: Fire Extinguisher/s
HVAC: Central Heat/Indiv Controls, Forced Air
Lot Dimensions: 230X116
Number of Tenant(s): 2
Parcel#: 2102430010
Tenant Pays: Varies by Tenant
Units: 3

Location

See details and scored characteristics about this location.

Listing Office: Caton Residential Realty LLC

Listing Office Phone: 815-436-5700



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