2707 Columbus St Ottawa, IL 61350
Estimated payment $492/month
Total Views
50,082
1.12
Acres
$75,893
Price per Acre
48,787
Sq Ft Lot
About This Lot
Discover a versatile opportunity with this 1.12-acre property comprised of two adjoining parcels offering both commercial and residential potential. Whether you're a developer, investor, or business owner, this unique setup presents exceptional value and flexibility in a high-visibility area. Parcel 1, C-3 Commercial Zoned (.52 acres), is positioned with future direct access off Route 23 (Columbus St), and offers outstanding visibility and accessibility for a variety of commercial uses including retail, office, or service-based businesses. High traffic counts and established neighboring businesses enhance its appeal for future development or investment. Parcel 2, B Residential Zoned (.60 acres), is accessible from Reynolds Manor Dr, and is ideal for residential development-whether a duplex, or other low-density housing. Its peaceful, neighborhood setting offers a more private and residential charm while still being just steps away from the commercial corridor. Potential for both parcels to be all commercial or all residential but will require City of Ottawa approvals.
Property Details
Property Type
- Land
Est. Annual Taxes
- $266
Lot Details
- 1.12 Acre Lot
- Lot Dimensions are 361.28 x 165 x 123.72 x 195.35 x 291.39
- Additional Parcels
- Property is zoned COMMR
Schools
- Ottawa Township High School
Community Details
- No Laundry Facilities
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $55,799 | $591,480 | $229,010 | $362,470 |
| 2023 | $56,851 | $591,480 | $229,010 | $362,470 |
| 2022 | $54,391 | $558,000 | $216,047 | $341,953 |
| 2021 | $64,496 | $657,536 | $216,047 | $441,489 |
| 2020 | $63,830 | $657,536 | $216,047 | $441,489 |
| 2019 | $64,368 | $657,536 | $216,047 | $441,489 |
| 2018 | $64,005 | $657,536 | $216,047 | $441,489 |
| 2017 | $63,498 | $657,536 | $216,047 | $441,489 |
| 2016 | $62,828 | $657,536 | $216,047 | $441,489 |
| 2015 | $62,441 | $657,536 | $216,047 | $441,489 |
| 2012 | -- | $657,536 | $216,047 | $441,489 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2025 05/13/25 | For Sale | $85,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,200,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $3,564,685 | Construction | |
| Previous Owner | $525,000 | Commercial |
Source: Public Records
About the Listing Agent
Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped me build a remarkable track record of delivering results. Nothing is more exciting to me than the gratifying feeling I get from helping people meet their real estate needs. You can count on me to always do
Doug's Other Listings
Source: Midwest Real Estate Data (MRED)
MLS Number: 12363789
APN: 14-35-404006
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