Remarks

This is the former Carson Pirie Scott building in its central downtown Ottawa location.This 3 story structure has approximately 42,832+/- sq. ft., including the basement. There is approximately one hundred feet of frontage on LaSalle Street. There are three spacious occupied store fronts on the ground level.There is a four story elevator that will require upgrading. There is a three story winding staircase. The roof needs replacement. Funds may be available from several programs, i.e. the TIF District, Enterprise Zone, Facade Improvement Program, and Historic Restoration Project. It is estimated that it will cost close to $1,000,000 to finish all of the necessary updating for this building. Future projected value, once fully updated, is estimated at $2,100,000.

Details

MLS#: 12379920
Price: $500,000

Style: Mixed Use
Sq Ft: 30000
Year Built: 1960

County: LaSalle
Lot Size: 100 X 120 + 30 X 32
Tax Fee: 18607