110 E Norris Dr, Ottawa, IL 61350

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APN: 21-02-449002

110 E Norris Dr, Ottawa, IL 61350

Lot

Land Use
Commercial (General)
Lot Area (SF)
Lot Area (Acres)
Zoning
Frontage
Depth

Building

Year Built
Year Renovated
Stories
Number of Buildings
Existing Floor Area Ratio
Commercial Units
Residential Units
Total Units
Building Area
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Reported Ownership

Reported Owner
Mailing Address

Contact Information

Phone Number
Email Address
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Recorded Sales

Date Sales Price Buyer Seller Sales Doc # Multi-Property Sale
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Mortgage Records

Date Lender(s) Amount Doc # Maturity Date Crossed-Debt Parcels
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Tax Data

2017
Total Assessed Value
Assessed Land Value
Assessed Improvement Value
Total Market Value
Land Market Value
Improvements Market Value
Tax Amount
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Popular searches around Ottawa

Reonomy operates the most comprehensive database for Ottawa Commercial Real Estate and other commercial real estate assets across the U.S. Reonomy includes over 47 million commercial real estate properties, each property features sales, debt, tax and ownership data. Reonomy attracts a large community of Ottawa commercial real estate professionals. Members from Ottawa include brokers, investors and service providers, many of whom specialize in Ottawa Commercial Real Estate.

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Ottawa commercial real estate sold prices and values

The average assessed value of commercial real estate properties in Ottawa is $53,818. Commercial real estate sale prices in Ottawa have a median of $145,000. The last 24 months of sales history has seen 342 sales, with 121 sales greater than $250,000, 39 sales valued at over $1,000,000, and 0 sales valued at over $10,000,000. The average price per square foot of commercial real estate properties in Ottawa over the last 24 months is $62.

Values and sold prices (last 24 months) United States Illinois Ottawa
Average price/sqft $1,383 $330 $106
Median price/sqft $117 $106 $62
Average sold price $1,121,868 $1,480,943 $446,363
Median sold price $194,933 $191,182 $145,000
Number of sales 3,907,581 145,503 342
Number of sales over $250k 1,646,046 60,606 121
Number of sales over $1m 386,972 16,936 39
Number of sales over $10m 55,955 2,877 --
Average total tax amount $5,932 $8,873 $5,131
Average assessed value $307,063 $64,085 $53,818
Average market value $388,212 $268,852 $161,111

Ottawa commercial real estate property averages

The average lot size of commercial real estate properties in Ottawa is 44,518 sf. This is 123% above the Illinois average.

Property averages United States Illinois Ottawa
Average lot size 816,877 sf 381,325 sf 801,678 sf
Median lot size 24,485 sf 10,458 sf 44,518 sf
Average building area 1,138 sf 196 sf 167 sf
Median building area 75 sf 82 sf 45 sf
Median year built 1970 1959 1972
Average number of units 16 9 8
Median number of units 2 2 4

Ottawa commercial real estate total supply

There are 4,570 commercial real estate properties in Ottawa. This is 199% below the Illinois average. The total acerage is 48,328 acres and the aggregate building area for commercial real estate properties in Ottawa is 87,684 sf.

Supply United States Illinois Ottawa
Number of parcels 57,794,383 2,470,213 4,570
Aggregate lot acerage 958,727,945 12,021,714 48,328
Aggregate building area 8,137,453,512 sf 58,743,651 sf 87,684 sf
Aggregate units 87,698,106 2,400,296 784

Ottawa commercial real estate industrial mortgages

There are 4,145 mortgages for commercial real estate properties across Ottawa in the Reonomy database. The average value of those mortgages is $12,495,941. This is 76% above the Illinois average.

Debt United States Illinois Ottawa
Number of mortgages 40,416,466 3,225,026 4,145
Average value of mortgages $5,210,072 $5,599,763 $12,495,941

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