1313 Chestnut St

$156,900
Price
Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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!
  1. Listed by George Shanley • Coldwell Banker Real Estate Group
    P: (815)-228-1859 C: (815)-228-1859 GShanley@Coldwellhomes.com

Property Details for 1313 Chestnut Street

Area
Danway / Dayton / Naplate / Ottawa / Prairie Cent
Township
Ottawa
Air Conditioning Type
Central Air
Zoning
COMMR
LISTING UPDATED: 12/02/2025 02:04 AM

Property Details for 1313 Chestnut Street

StatusActive
MLS #12413042
Days on Market158
Taxes$2,735 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built2006
Lot Size0.34 AC / 14,719 SF
CountyLaSalle County

Location

Listing Courtesy of Coldwell Banker Real Estate Group
Add your commute

Building Information for 1313 Chestnut Street

Stories1Residences1Year Built2006Lot Size0.34 AC / 14,719 SF

Payment Calculator

$1,003 per month

30 year fixed, 6.28% Interest

Principal and Interest

$775

Property Taxes

$228

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1313 Chestnut Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Frontage Type: City Street
  • Geographic Locale: Out of Area
  • Information: Short Notice OK
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Carpet, Varies, Vinyl
  • Heat/Ventilation: Central Bldg Heat,Forced Air,Gas
  • Misc Inside: Common Lunchroom/s,Private Restroom/s,Storage Inside
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 0
  • Misc Outside: Patio,Security Lighting,Security System
Utilities / Equipment
  • Water: Municipal Water
  • Utilities: Electric to Site, Natural Gas Available, Sewer Connected
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Varies by Tenant
  • Built Before 1978: No
  • Approximate Age: 7-15 Years
  • Lot Dimensions: 184X79
  • Lot Size Square Feet: 14719.0
  • Stories: 1
  • Construction: Vinyl Siding
  • Roof Type: Composition
  • Fire Protection: None
  • Roof Structure: Gable
  • Building Area Total: 1325
  • # Of Offices: 1
  • Other SqFt: 1082
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Commercial, Office, Retail, Special Use
  • Public Document Count: 2
  • Document Date: 2025-08-12T20:29:19
  • Photos Count: 30
Miscellaneous
  • Current Use: Commercial
  • Location: Corner,Mixed Use Area
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 1
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Expense Year: 2025
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 1313 Chestnut Street

DateEvent & SourcePriceAppreciation
Aug 11, 2025

Listed (Active)

MRED #12413042

$156,900
Jul 16, 2025

Contingent

MRED #12413042

Jul 9, 2025

Listed (Active)

MRED #12413042

$156,900
May 14, 2013

Sold

MRED #08101107

$80,000
May 13, 2013

Sold (Public Record)

Public Record #1080332351

$80,000
Mar 5, 2013

Pending

MRED #08101107

Jun 26, 2012

Listed (Active)

MRED #08101107

$130,000
DateEvent & SourcePrice
08/11/2025

Listed (Active)

MRED #12413042

$156,900
07/16/2025

Contingent

MRED #12413042

07/09/2025

Listed (Active)

MRED #12413042

$156,900
05/14/2013

Sold

MRED #08101107

$80,000
05/13/2013

Sold (Public Record)

Public Record #1080332351

$80,000
03/05/2013

Pending

MRED #08101107

06/26/2012

Listed (Active)

MRED #08101107

$130,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1313 Chestnut Street

Taxable ValueLand$1Additions$26,552Total$26,553
Tax Record2024$2,735 ($228 / month)
Home Facts
Total Finished SqFt1,600 SqFtAbove Grade Finished SqFt1,600 SqFtStyleMiscellaneous CommercialYear Built2005CountyLASALLEAPN21-11-102-012

Schools near 1313 Chestnut Street

This home is within Ottawa Esd 141 School District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 7 to 8
Public - 9 to 12
Public - PK to 4
Rating
School
Distance
Jefferson Elementary School
PublicPK to 4

Shepherd Middle School
Public7 to 8

Ottawa Township High School
Public9 to 12

Lincoln Elementary School
PublicPK to 4

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1313 Chestnut Street is a mixed use property for sale in Ottawa, IL 61350. This property was listed for sale on July 9, 2025 by Coldwell Banker Real Estate Group, it's currently listed at $156,900. It has been on the market for a total of 158 days and was last sold on May 14, 2013. This listing's school districts are Ottawa Esd 141 School District, Ottawa Twp Hsd 140 School District. Nearby schools include Jefferson Elementary School, Shepherd Middle School and Ottawa Township High School. 1313 Chestnut Street is a 0-bed, 0-bath, mixed use property built in 2006.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Real Estate Group

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 12/02/2025 02:04 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.