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$450,000
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Property Description
An exceptional opportunity to own a turn-key hospitality property on one of Illinois' most scenic waterways. Situated on six acres with direct river frontage, this unique establishment boasts dining, entertainment, and outdoor recreation in one destination. The 1,800-square-foot building offers two distinct levels: a lower-level bar with a casual, social atmosphere, and an upper-level bar and restaurant with expansive views of the river. A double-level deck extends the experience, providing guests with open-air dining and an ideal setting for live music or private events. A private dock welcomes boaters and adds a seasonal draw for visitors exploring the river. The site also includes abundant on-site parking, easy road access, and space for potential expansion or complementary uses. Whether envisioned as a destination restaurant, event venue, or multi-use waterfront property, this listing offers a combination of natural beauty, versatility, and established infrastructure along the Illinois River.
Full Property Details
Full Property Details for 1001 E Main St
General
- Price: $450,000
- Taxes: $7,596 (2024)
- Status: Active
- Type: Business
- Source: MRED
- MLS ID: 12509713
- Updated: 2/1/2026
- Added to Site: 102 day(s) ago
Business
- Business Type: Bar/Tavern/Lounge, Restaurant
- Years in Business: 7 to 10 Ye
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Cent
- County: LaSalle
- Driving Directions: IL 23 to E. Main, east to site
- Location Details: Waterfront, Water View, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Stories/Levels: 2
- Square Feet: 1,820
- Current Bldg. Use: Commercial, Legal Non-Conforming
Lot Features
- Lot Size (Sq. Ft.): 264,845
- Lot Size Range: 6.0 to 7.99 Acres
- Lot Dimensions: 33 x 415 x 415 x 368.03 x 698.6 x 591.33 x 33 x 448.03
Water Features
- Water Front: Yes
- Water Front View: Front of Property
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $7,596.96
- Tax Year: 2024
Disclosures and Reports
- Property ID: 2112410000
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Schools
Schools serving 1001 E Main St
| Name | Grades | Distance |
|---|---|---|
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.8 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 1001 E Main St
Date
Details
Price
Change
Source
11/03/2025
Listed
$450,000
500%
MLS
8/19/2015
Sold
$75,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1001 E Main St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,597
-2%
$73,766
—
2023
$7,769
100%
$73,766
6%
2022
-100%
$69,591
—
2021
$7,483
1%
$69,591
—
2020
$7,444
-3%
$69,591
—
2019
$7,699
6%
$69,591
6%
2017
$7,231
-6%
$65,672
-6%
2016
$7,690
—
$69,591
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1001 E Main St
1001 E Main Street, Ottawa, IL 61350 (MLS# 12509713) is a Business property. 1001 E Main Street is currently listed for $450,000 and was received on November 03, 2025. Want to learn more about 1001 E Main Street? Do you have questions about finding other Business real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.

