Ottawa, IL 61350 1313 Chestnut Street
$156,900



25 more

























Presented By: Coldwell Banker Real Estate Group
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

SQFT • 1,325