301-315 E Mckinley Rd - Supermarket FOR SALE


Ottawa, IL 61350
$750,000 USD
301-315 E Mckinley Rd, Ottawa, IL for Sale
$750,000 USD
Supermarket - FOR SALE
1/9
null | Request Cap Rate

301-315 E Mckinley Rd
Ottawa, IL 61350


OVERVIEW

Presenting a highly desirable investment opportunity in a thriving commercial area, this 12,953 square-foot strip center is strategically located next to a well-established national grocery store chain and just off the busy intersection of IL Route 23 and McKinley Road. The property benefits from excellent visibility and high traffic counts, with 10,900 AADT (Annual Average Daily Traffic) along IL 23, making it a prime location for retail, office, or restaurant businesses. This property features seven (7) Units - with one (1) vacant space available. C-3 zoning allows a flexible mix of office, retail, or restaurant uses while neighboring national grocery anchor ensures steady foot traffic. Easy accessibility and strong visibility near the corner of IL 23 and McKinley Road. Seller Financing Available for well-qualified buyers! This well-maintained property offers a solid income stream with long-term tenants and tremendous upside potential for investors or owner-occupants. Ideal for those looking to capitalize on the demand for commercial space in a high-traffic, growth-oriented area.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Kroger

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

ADD'L SUBTYPES

Storefront, Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

235

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,787 SF

ZONING

C-3

APN/PARCEL ID

22-24-117000

ASK ABOUT THIS PROPERTY

Doug CarrollRE/MAX 1st ChoiceMore Info

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Doug CarrollRE/MAX 1st ChoiceMore Info

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