O'Neil Property Group

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$499,900
5 Days On Site

227 W Madison Street
Ottawa, IL 61350

For Sale|Office|Active
0
Beds
0
Total Baths
6,400
SqFt
$78
/SqFt
1915
Built
County:
LaSalle
Listing Courtesy of MRED as distributed by MLS Grid of Spring Realty
227 W Madison Street227 W Madison Street227 W Madison Street227 W Madison Street
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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!

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Listing Snapshot
PriceΒ 
$499,900
Days On SiteΒ 
5 Days
BedroomsΒ 
N/A
Inside Area (SqFt)Β 
6,400 sqft
Total BathsΒ 
N/A
Full BathsΒ 
N/A
Partial BathsΒ 
N/A
Lot SizeΒ 
N/A
Year BuiltΒ 
1915
MLS NumberΒ 
12800525
StatusΒ 
Active
Property TaxΒ 
$11,528
HOA/Condo/Coop FeesΒ 
N/A
Sq Ft SourceΒ 
N/A
Friends & Family
Recent Activity
9 hours agoListing updated with changes from the MLS
9 hours agoStatus changed to Active
6 days agoListing first seen on site
General Features
Additional Property UseΒ 
Office
Property Sub TypeΒ 
Office
SqFt TotalΒ 
6400
ZoningΒ 
COMMR
Interior Features
CoolingΒ 
Central Air
ElectricΒ 
Circuit Breakers
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Community Features
MLS AreaΒ 
Danway / Dayton / Naplate / Ottawa / Prairie Center
TownshipΒ 
Ottawa
Listing Courtesy of MRED as distributed by MLS Grid of Spring Realty



Based on information submitted to the MLS GRID as of 2026-11-09 02:50 PM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.
Last checked: 2026-11-09 02:50 PM UTC
MRED DMCA Copyright Information Copyright Β© 2026 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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