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Listed by Joan Catonof Caton Residential Realty LLC
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Est. payment /mo
11,475 SqFt
Price Dropped by $90K
300 W Joliet ST Ottawa, IL 61350
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 11,475 sqft
MLS Listing ID 12602569
Year Built 1985
Annual Tax Amount $7,740
Tax Year 2024
Lot Dimensions 230X116
Property Sub-Type Mixed Use
Property 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.
Location
State IL
County Lasalle
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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