See Home Value
Ottawa 61350
729 Chestnut Street
$303,992*
Commercial - Off Market

729 Chestnut Street

Ottawa, IL 61350
bedrooms
Studio
bathrooms
0 Bath
square feet
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.
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
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20221018
10/18/2022
Loft
-
14880 ft²
$350,000
bedrooms
Loft
bathrooms
-
square feet
14880 ft²
-
-
-
Glenn Sharp
Re/Max Ultimate Professionals

Building Info

729 Chestnut Street 729 Chestnut Street, Ottawa, IL 61350
More about this Building
729 Chestnut Street
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About Ottawa


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$435 /mo

  • 1 Bed
  • 1 Bath
  • 650 ft²
301 E Superior Street #301, Ottawa, IL, 61350 Listing by Ed Chapman


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