Ottawa, IL 61350 1313 Chestnut Street

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Presented By: Coldwell Banker Real Estate Group
  • MLS# 12413042
  • 07/09/2025
  • Request Tour
  • Request Info
  • SQFT • 1,325

Home Details

Unique Commercial Opportunity in the Heart of Starved Rock Country! Now available-this one-of-a-kind property currently operates as a well-established bike shop offering sales, rentals, and repairs. Perfectly positioned just off the scenic Illinois & Michigan Canal and surrounded by three stunning state parks, including Starved Rock, this location draws year-round outdoor enthusiasts. Situated in the charming "Town of Two Rivers," where the Illinois and Fox Rivers meet, it's also just steps from popular bike paths and scenic road routes. The main building features multiple rooms including a welcoming lobby, office space, service area, kitchen, and two bathrooms-making it functional for a variety of business needs. In 2014, the current owners added a 13' x 24' Morton building, providing additional space for storage, workspace, or future expansion. With the current owners heading into retirement, the possibilities for this property are wide open-continue the bike business, convert to retail, office space, or bring your own vision to life in this high-visibility, high-traffic location. Don't miss this rare chance to own a versatile property in one of Illinois' most visited tourist destinations!
Presented By: Coldwell Banker Real Estate Group

Interior Features for 1313 Chestnut Street

Other Interior Features

FlooringCarpet, Varies, Vinyl

Other Rooms

General for 1313 Chestnut Street

Additional Parcels Y/NNo
Cap Rate
CityOttawa
Construction MaterialsVinyl Siding
CoolingCentral Air
CountyLaSalle
Current UseCommercial
DirectionsFrom 23 and 6 - Take 6 west - Turn left (south) to Chestnut - Property will be on the right (west) side of the street
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet14719
MLS AreaDanway / Dayton / Naplate / Ottawa / Prairie Cent
Net Operating Income
Number Of Units Total1
Operating Expense0
Possible UseCommercial, Office, Retail, Special Use
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
RoofComposition
Standard StatusActive
StatusActive
Stories Count1
Tax Annual Amount2734.62
Tax Year2024
Tenant PaysVaries by Tenant
TownshipOttawa
Trash Expense0
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected
Water Sewer Expense0
Year Built2006
ZoningCOMMR

Exterior for 1313 Chestnut Street

Building Area Total1325
Frontage TypeCity Street
Lot Dimensions184X79
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $156,900
MLS#12413042
List Date 07/09/2025
Property Type Commercial
Phone 847.485.2500
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