Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Please reload the page to update with the latest MLS information available.

Reload
 
Listing provided courtesy of Coldwell Banker Real Estate GroupMREDas Distributed by MLSGrid- MLS# 12413042MLS Provider

1313 Chestnut StreetOttawa, IL 61350

Commercial · 1,325 Sq. ft.
$145,000 Active

1313 Chestnut Street Overview

Time on Site:
355 days
Visits:
3

Unique Commercial Opportunity in the Heart of Starved Rock Country! Now available-this one-of-a-kind property currently operates as a well-established bike shop offering sales, rentals, and repairs. Perfectly positioned just off the scenic Illinois & Michigan Canal and surrounded by three stunning state parks, including Starved Rock, this location draws year-round outdoor enthusiasts. Situated in the charming Town of Two Rivers, where the Illinois and Fox Rivers meet, it's also just steps from popular bike paths and scenic road routes. The main building features multiple rooms including a welcoming lobby, office space, service area, kitchen, and two bathrooms-making it functional for a variety of business needs. In 2014, the current owners added a 13' x 24' Morton building, providing additional space for storage, workspace, or future expansion. With the current owners heading into retirement, the possibilities for this property are wide open-continue the bike business, convert to retail, office space, or bring your own vision to life in this high-visibility, high-traffic location. Don't miss this rare chance to own a versatile property in one of Illinois' most visited tourist destinations!

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1313 Chestnut Street Facts & Features

  • Type Commercial
  • Sq. ft. 1,325
  • Price/Sq.ft. $109

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Fuel Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Net Operating Income: 0
  • Operating Expense: 0
  • Trash Expense: 0
  • Water Sewer Expense: 0

Building Information

  • Year Built: 2006

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Danway / Dayton / Naplate / Ottawa / Prairie Center
  • Township: Ottawa

Rent/Lease Information

  • Tenant Pays: Varies by Tenant

Tax Information

  • Tax Annual Amount: $2,734.62
  • Tax Year: 2024

General Information

  • Parcel Number: 2111102012
  • Possible Use: Commercial,Office,Retail,Special Use
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Zoning: COMMR

Interior

Building Information

  • Other SqFt.: 1082

Building Interior

  • Building Area Total: 1325

General Information

  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Varies, Vinyl
  • Stories: 1

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 184X79
  • Lot Size Square Feet: 14719
  • Water Source: Municipal Water

Building Exterior/Construction

  • Construction Materials: Vinyl Siding
  • Roof: Composition

General Information

  • Number Of Units Total: 1
  • Utilities: Electric to Site,Natural Gas Available,Sewer Connected

1313 Chestnut Street Neighborhood

Community

61350 (OTTAWA) Demographics

42
Median Age
151
Population Density (per sq. mile)
32%
College Educated
$59,295
Estimated Median Income
6,890
Estimated Total Home Owners
3,057
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1313 Chestnut Street Monthly Cost

$
$ %
%
$
$
Eric Nowik
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1313 Chestnut Street Market Data

Based on the last 30 days in this zip code

$363,690
Average List Price
$182
Average Price per Square Foot
35
Properties Sold
90
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

1313 Chestnut Street History

Date Event Value Agent
6/25/2026Source: MRED Status Change
Active
6/19/2026Source: MRED Price Reduction
$145,000 -7.6%
6/19/2026Source: MRED Status Change
Price Change
8/16/2025Source: MRED Status Change
Active
8/11/2025Source: MRED Status Change
Re-activated
7/31/2025Source: MRED Added to Database
July 09, 2025
7/31/2025Source: MRED Status Change
Active
7/31/2025Source: MRED Status Change
Contingent
6/20/2022Source: MRED Added to Database
January 27, 2022