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4120 Columbus Street Ottawa, IL 61350 • Commercial - Retail • Pending

Pending
  • 4120 Columbus Street, Ottawa, IL 61350 Main Photo

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Description

Prime commercial opportunity along heavily traveled N Columbus Street (IL Route 23) in Ottawa! This 10,940-square-foot commercial building sits on approximately 2 acres and offers a versatile layout with excellent potential for a variety of business uses. Formerly utilized as an automotive dealership, the property features a front showroom with office and storage areas, two half bathrooms, central air conditioning and forced-air heat, plus a separate parts/storage area and expansive shop space. The shop includes concrete floors, floor drains, overhead heating, two 12' x 12' overhead doors, an additional 10' x 10' overhead door, and service desk areas. The parts/storage area includes an additional 8' x 9' overhead door. Approximately 36,155 square feet of asphalt parking area provides substantial on-site parking and maneuvering space. Zoned D - Office Research & Light Industrial, the property offers flexibility for commercial and light industrial uses. Conveniently located approximately 1/4 mile from the I-80 interchange with approximately 7,200 vehicles traveling N Columbus Street daily, according to an 2023 IDOT traffic count. Municipal water and sewer, natural gas and electric service. A substantial commercial property with visibility, accessibility, parking and a layout ready for its next business opportunity.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1980
Lot Size: 2.00 acres

General Information

County: LaSalle
Listed By:
Coldwell Banker Real Estate Group 815-433-5501
MRED MLS
$776,900
Est. $5,443/mo
New to the Market Pending
SQUARE FEET10,940 MLS#12766633
STATUSPending PROPERTY TYPECommercial - Retail

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Ruhl&Ruhl Realtors
563.441.1776

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4120 Columbus Street, Ottawa, IL 61350.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $776,900$776,900$776,900
Down Payment $155,380$27,192$194,225
Monthly Mortgage Amount $4,135$5,075$5,076
Taxes $1081$1081$1081
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$342$0
Monthly Estimated Total $5,443$6,725$6,384

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