Date
Details
Price
Change
Source
1/16/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$650,000 Just Listed
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Property Description
An excellent investment opportunity, this mixed-use property at 301 & 303 S. Ottawa Street in Joliet offers a two-story building with six total units, including one commercial space and a mix of residential layouts ranging from a studio to a three-bedroom unit. The building provides approximately 6,000 square feet of living space and sits on two parcels totaling 0.42 acres, with five off-street parking spaces. An adjacent vacant lot adds significant upside potential for future development or expansion. Located in the heart of downtown Joliet, the property benefits from strong visibility and walk-able access to restaurants, entertainment, and public transportation. The site is minutes from I-80, I-55, and the Joliet Gateway Center Metra and Amtrak station, offering excellent regional connectivity. Nearby attractions, including the Rialto Square Theatre, casinos, and the Des Plaines Riverwalk, enhance tenant appeal and long-term demand. Positioned in a growing market with diverse employment drivers, this asset presents both stable income and value-add potential.
Full Property Details
Full Property Details for 301 S Ottawa St
General
- Price: $650,000
- Taxes: $6,269 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12548281
- Updated: 1/16/2026
- Added to Site: 1 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: Joliet
- County: Will
- Township: Joliet
- Driving Directions: W JEFFERSON ST, RIGHT ONTO N OTTAWA ST, KEEP RIGHT ONTO S OTTAWA ST
- Location Details: Southwest Suburban
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air, Gas
Utilities
- Trash: 2167
Structural Information
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1900
- Built Before 1978: Yes
Lot Features
- Lot Size (Sq. Ft.): 6,000
- Lot Dimensions: 40 x 150
Financial Considerations
- Lease Price: $108
- Insurance Fee: $7,000
- Other Fee: $4,292
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1900
- Tax Amount: $6,269.96
- Tax Year: 2024
- Pays Electric: 1250
- Pays Trash: 2167
Disclosures and Reports
- Documents Avail.: Rent Roll
- Property ID: 3007162350240000
Listed by Crosstown Realtors, Inc.
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Listing agents
— 301 S Ottawa St —
Crosstown Realtors, Inc.
Crosstown Realtors, Inc.
(815) 249-1018
NMLS#: 1598647
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Schools
Schools serving 301 S Ottawa St
School Districts:Joliet Public School District 86, Joliet Township High School District 204
| Name | Grades | Distance |
|---|---|---|
Edna Keith Elementary School 400 4th Avenue, Joliet, IL 60433 | K-5 | 0.6 mi |
Washington Jr High & Academy Prgm 402 Richards Street, Joliet, IL 60433 | 6-8 | 0.6 mi |
Joliet Central High School 201 East Jefferson Street, Joliet, IL 60432 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 301 S Ottawa St
Estimate the Cost
Estimate the Cost for 301 S Ottawa St
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- Townhouse
- Active
- Updated 2 days ago
- 3Beds
- 3Total Baths
- 1,992Sq. Ft.
- Single Family
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- Updated 2 days ago
- 3Beds
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- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 4Total Baths
- 2,290Sq. Ft.
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301 S Ottawa Street, Joliet, IL 60436 (MLS# 12548281) is a Commercial property. 301 S Ottawa Street is currently listed for $650,000 and was received on January 16, 2026. Want to learn more about 301 S Ottawa Street? Do you have questions about finding other Commercial real estate for sale in Joliet? You can browse all Joliet real estate or contact a Coldwell Banker agent to request more information.