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$125,000

  • Sold
  • Closed
  • Commercial
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PRICE REDUCTION - SELLING AS IS! Amazing mixed-use re-development opportunity in vibrant Downtown Ottawa; A community that welcomes innovation & economic progress. This site is situated adjacent to the Historic downtown LaSalle County Court House and within walking distance to the beautiful Fox & Illinois Rivers. Take advantage of a bustling mixed-use downtown filled with amazing restaurants, unique retail, entertainment & professional offices. This community boast year-round festivals, nearby boating and just minutes from Starved Rock State Park. Enjoy its walkability, bike trails, including the I&M Canal trail, and the vastly famous Washington Square Park which is home to one of the Land of Lincoln's most famous landmarks: the first Lincoln-Douglas senatorial debate site. Just off I-80 and only 90 minutes from downtown Chicago, Ohare International & Midway Airports. "Ottawa is in the Middle of Everywhere!"

Full Property Details for 112 W Madison St

General

  • Sold For: $125,000
  • Taxes: $1,769 (2023)
  • Status: Closed
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12191231
  • Added to Site: 427 day(s) ago

Location

  • Area: Danway / Dayton / Naplate / Ottawa / Prairie Cent
  • County: LaSalle
  • Driving Directions: FROM I-80 AT OTTAWA EXIT 90. THEN SOUTH ON ROUTE 23 TO DOWNTOWN OTTAWA. EAST ON MADISON ST TO 112 W. MADISON ST. ON NORTH SIDE OF STREET.
  • Location Details: Far West, Central Business District

Heating & Cooling

  • Cooling Type: None
  • Heating Type: None

Utilities

  • Onsite: Electricity Available, Natural Gas Available, Sewer Connected, Water Available

Structural Information

  • Stories/Levels: 0
  • Year Built: 1900
  • Built Before 1978: Yes

Lot Features

  • Lot Size (Sq. Ft.): 5,120
  • Lot Dimensions: 12320SF
  • Frontage: City Street
  • Potential Use: Commercial
  • Zoning: COMMR

Financial Considerations

  • Assessment Year: 1900
  • Tax Amount: $1,769.16
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 2111247020

Listed by Malooley Dahm Realty
Sold by Homesmart Realty Group IL

Listing agent

— 112 W Madison St —

  • Malooley Dahm Realty

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 112 W Madison St

School Districts:Ottawa Township High School District 140, Ottawa Elementary School District 141
NameGradesDistance
Ottawa Township High School
211 East Main Street, Ottawa, IL 61350
9-120.3 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 112 W Madison St

Date
Details
Price
Change
Source
7/23/2025
Sold
$125,000
-16.67%
MLS
4/19/2025
Price Reduced
$150,000
-25%
MLS
11/14/2024
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Malooley Dahm Realty
Sold by Homesmart Realty Group IL

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112 W Madison Street, Ottawa, IL 61350 (MLS# 12191231) is a Commercial property that was sold at $125,000 on July 23, 2025. Want to learn more about 112 W Madison Street? Do you have questions about finding other Commercial real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.