Log In/Sign Up
Your email has been sent.
800 La Salle St 26,650 SF Office Building Ottawa, IL 61350 $474,900 ($17.82/SF)
EXECUTIVE SUMMARY
This is the former Montgomery Ward building. It has four levels, including the basement (lower level). This is a perfect value-add opportunity for an investor/developer. 5,400 sf per level/floor. This building can accommodate retail on the ground (first) floor, office on the second floor and the lower level and five, upscale apartments on the third floor. Once this building is rehabbed, it should generate approximately $252,000 in rental income and $163,000 in Net Operating Income. Capitalized at 12.0% would indicate a future market value of $1,365,000. Work up your estimated rehab numbers and then present an offer! Seller requires that no restaurant tenants will be permitted in this building.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
26,650 SF
Building Class
C
Year Built
1939
Price
$474,900
Price Per SF
$17.82
Tenancy
Single
Building Height
4 Stories
Typical Floor Size
5,400 SF
Building FAR
4.71
Lot Size
0.13 AC
1 1
Walk Score®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 21-11-241004 | Improvements Assessment | $118,323 |
| Land Assessment | $19,984 | Total Assessment | $138,307 |
PROPERTY TAXES
Parcel Number
21-11-241004
Land Assessment
$19,984
Improvements Assessment
$118,323
Total Assessment
$138,307
1 of 41
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
800 La Salle St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.