814 - 820 LaSalle ST new

Ottawa,IL 61350

$ 500000

- Bed

0 Bath

30000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 30,000 sqft

Price per Sqft $16

MLS Listing ID 12379920

Year Built 1960

Annual Tax Amount $18,607

Tax Year 2023

Lot Dimensions 100 X 120 + 30 X 32

Property Sub-Type Mixed Use

Property Description

This is the former Carson Pirie Scott building in its premier Downtown Ottawa location.This 3 story structure has approximately 30,000+/- sq ft. There is approximately one hundred feet of frontage on LaSalle Street. There are three spacious occupied store fronts on the ground level.There is a four story elevator that will require upgrading. There is a three story winding staircase. The roof needs replacement. Funds may be available from several programs, i.e. the TIF District, Enterprise Zone, Facade Improvement Program, and Historic Restoration Project. Seller estimates about $400,000 to finish updating the building. Future projected value, once fully updated, is estimated at $1,000,000 - $1,100,000.

Location

State IL

County Lasalle

Area Danway / Dayton / Naplate / Ottawa / Prairie Cent

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick,Concrete

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