718 Columbus Street

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718 Columbus Street

Ottawa, IL 61350
Asking Price
Contact for price
Asset Type
Mixed-use
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mixed-use property located at 718 Columbus Street in Ottawa, Illinois.
  • Property sits centrally within the growing Ottawa commercial marketplace.
  • Asset offers flexible space for both commercial and residential usage.
  • Strategic location provides connectivity to major regional transportation routes.
  • Versatile building footprint suitable for diverse investment strategies.

What's Special

Investors seeking a flexible asset will find potential in this mixed-use property at 718 Columbus Street in Ottawa, Illinois. This versatile building accommodates a combination of commercial and residential interests, providing various avenues for income generation within a historic riverfront community. Ottawa serves as a key commercial hub for the surrounding region, benefitting from steady traffic and proximity to major regional roadways that connect the city to the greater Chicago metropolitan area. The site is positioned to serve local business needs or residential requirements, making it a candidate for a diversified portfolio. Whether utilized for storefront operations, professional services, or residential leasing, the property capitalizes on its central location within the city grid. The surrounding area supports a balanced mix of community amenities and local commerce, fostering a stable environment for real estate holdings. Interested parties can leverage this asset to establish a presence in an active, accessible submarket that continues to draw residents and visitors alike.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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