$303,992*
●
Commercial -
Off Market
729 Chestnut Street
Ottawa, IL 61350
Studio
0 Bath
14880 Sqft
$266,000 - $324,000
Reference Base Price*
3.05%
Since Apr 1, 2023
National-US
Primary Model
About This Property
Incredible opportunity in the Thriving Downtown area of Ottawa and
the Gateway to Starved Rock!! This property was one of the most
popular Restaurants, Bar and Bowling Alley in Ottawa for years.
There is a 6 Lane Bowling Alley, (1000 Sq Ft) Bar and Gaming area,
that the current owner was making improvements on, plus 2
Restrooms. Main Bar and Dining area has over (2000 Sq Ft of space)
with 2 more Restrooms. Full service Kitchen with Hood + some brand
new Equipment. Full Walk in COOLER and FREEZER off the Kitchen...
Plus a Carry Out Window. There is also a Full Walk in Cooler for
the Bar and Ice Machine. Second floor has 3 very spacious updated
apartment's with Private Entrances.. (2) one bedrooms and a three
bedroom unit. Plus there is a large store room(1000 Sq Ft) that
could be converted to another apartment. Brand new HVAC, and Hot
Water Tank... PLUS NEW ELECTRIC SERVICE IN WHOLE BUILDING!! Full
Basement with Laundry area and Storage space. Incredible location
with Rigden Park just a block away.. short walk to the Riverfront.
Tons of Parking space and Potential for Outside seating Area!!!
The manager has listed the unit size as 14880 square feet.
The manager has listed the unit size as 14880 square feet.
Unit Size
14,880Ft²
Days on Market
-
Land Size
-
Price per sqft
$20
Property Type
Commercial
Property Taxes
$428
HOA Dues
-
Year Built
1947
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 25, 2023 | Sold | $205,000 | |
Sold | |||
Mar 18, 2023 | No longer available | - | |
No longer available | |||
Nov 16, 2022 | Price Decreased |
$295,000
↓ $55K
(15.7%)
|
|
Price Decreased | |||
Oct 18, 2022 | Listed | $350,000 | |
Listed | |||
Dec 6, 2019 | Sold | $125,000 | |
Sold |
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
10/18/2022
|
|
Loft
|
-
|
14880 ft²
|
$350,000
Loft
-
14880 ft²
|
-
-
|
-
|
Glenn Sharp
Re/Max Ultimate Professionals
|