Price Reduced Listing
$849,000
( $73.99Per Sq Foot )
 $4,558 est/mo Sourced by Back At You

300 W Joliet Street,Ottawa, IL 61350

Ottawa, IL 61350

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Description

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.

Details

MLS #12602569
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1985
Days On Site170
Listing Provided ByCaton Residential Realty LLC | Joan Caton

Features

SQ Feet11,475
Story(s)1
Units3

Interior

CoolingCentral Air

Utilities

ElectricCircuit Breakers, Service - 101 to 200 Amps

Taxes

Tax Year2024
Tax Annual Amount7740

Area Information

StateIL
CountyLaSalle
CityOttawa
Zip Code61350
AreaDanway | Dayton | Naplate | Ottawa | Prairie Center
Listing VS Median (in 61350)
Price:
$849,000
low | high
Med:
$337,000
100% of Average
sqft:
11,475
low | high
Med:
2,231
100% of Average
$ / sqft:
$74
low | high
Med:
$151
54.320163897451% of Average
On site:
170
low | high
Med:
229.5
74.074074074074% of Average
Sourced by Back At You

Market Activity 61350

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Learn More About This Property

StateIL
CountyLaSalle
CityOttawa
Zip Code61350
AreaDanway | Dayton | Naplate | Ottawa | Prairie Center
Listing VS Median (in 61350)
Price:
$849,000
low | high
Med:
$337,000
100% of Average
sqft:
11,475
low | high
Med:
2,231
100% of Average
$ / sqft:
$74
low | high
Med:
$151
54.320163897451% of Average
On site:
170
low | high
Med:
229.5
74.074074074074% of Average
Sourced by Back At You
Listing Updated: September 5, 2026 at 11:16:33 PM PDT