Ottawa IL Multi Family for Sale
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 6
- Year built:
- 1890
- Baths:
- 3.00
- MLS#:
- 12158641
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Courtesy: River Country Properties
815-973-1197
ADDITIONAL INFORMATION
Perfect for investment, could live in one and rent the other, or both. Spacious 2 unit rental on Ottawa's west side. Large 75x135 corner lot and detached 2 car garage. Lower unit is a 2 bed, 1bath, rents for $700 and upper unit is a 4bed, 2bath, rented for $900. 2 separate electric & gas center, common water. Owner has been paying water, sewer & garbage, Tenant pays Gas & Electric. Owner would be interested in renting the garage for $200 per month after the sale.
$107,900
501 Christie Street Ottawa, IL 61350
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 4
- Year built:
- 1900
- Baths:
- 2.00
- MLS#:
- 12138328
View additional info
Courtesy: Coldwell Banker Real Estate Group
815-433-5501
ADDITIONAL INFORMATION
This well-maintained 2-unit property on Ottawa's desirable south side presents an excellent investment opportunity. Each unit features 2 bedrooms and 1 bathroom, offering comfortable living spaces that are both practical and inviting. Currently, the units are rented at $550 and $575, providing a steady income stream. Located in Ottawa's desirable south-side, the property is close to schools, parks, and local amenities. Whether you're looking to expand your rental portfolio or considering owner-occupancy with rental income, this 2-unit property is a smart choice. Don't miss the chance to invest in Ottawa's thriving real estate market. Schedule a showing today, tenant occupied, 24-hour notice is required.
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Courtesy: O'Neil Property Group, LLC
630-425-8815
ADDITIONAL INFORMATION
**Just became available again as buyer was not able to obtain financing** Proud to announce this four unit multifamily building is available immediately for sale. Everything has gotten so expensive lately, this is your chance to live virtually for free and be a proud homeowner. Only required to live there for one year according to residential financing guidelines and after that you can cash flow this asset for the rest of your life. First floor unit left available for owner occupier. Each unit has refrigerator, stove, and window AC and stay with the property. Tenants pay gas & electric, owner pays water & garbage. Roof replaced in 2016, siding replaced 2020. Convenient location walking distance to downtown shopping and restaurants. One lane driveway included - currently shared among all tenants but can be reserved for owner occupier only if they want. All dimensions are approximate. Broker owned. Easy to tour. Offered As-Is.
$152,000
425 Marcy Street Ottawa, IL 61350
- Type:
- Multi-Family
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- 3
- Year built:
- 1925
- Baths:
- 3.00
- MLS#:
- 11851683
View additional info
Courtesy: RE/MAX 1st Choice
815-434-3337
ADDITIONAL INFORMATION
Investor's opportunity in this two story corner lot home, with two of the units currently occupied, and a large heated garage on the property, with a second floor. The main floor apartment unit is approximately 1429 square feet and features 9 foot ceilings with 2 bedrooms, hardwood flooring, and access to the basement laundry. Other features include a large living room area, separate dining and two porch accesses to this apartment. Flooring has been refinished, new paint, and kitchen floor redone. The second unit, located on the upper level, is approximately 840 square feet with one bedroom, and is vacant. This apartment features 9 foot ceilings, a mix of hardwood, wood laminate and original wood flooring throughout. This apartment has easy stair access off of the front porch area, and is getting some updates this year. The third unit is accessed by the back staircase and is a studio apartment, at approximately 400 square feet. The upstairs units have access to the basement for laundry, by exterior doors. All units had been occupied for years and current tenants leases are for month to month. The two upstairs units could be combined to have one larger apartment, as a previous door access was covered up. This home is in a great location, with easy and quick access to downtown or head out to Starved Rock as you're less than 10 miles away. Selling as-is. Come check out the potential in this property, and schedule a showing today!
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Ottawa Real Estate
The median home value in Ottawa, IL is $119,000. This is higher than the county median home value of $105,500. The national median home value is $219,700. The average price of homes sold in Ottawa, IL is $119,000. Approximately 55.76% of Ottawa homes are owned, compared to 33.64% rented, while 10.6% are vacant. Ottawa real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Ottawa real estate agent to arrange a tour today!
Ottawa, Illinois 61350 has a population of 18,779. Ottawa 61350 is less family-centric than the surrounding county with 27.45% of the households containing married families with children. The county average for households married with children is 27.78%.
The median household income in Ottawa, Illinois 61350 is $50,250. The median household income for the surrounding county is $54,693 compared to the national median of $57,652. The median age of people living in Ottawa 61350 is 38.7 years.
Ottawa Weather
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 37.3 inches per year, with 20.1 inches of snow per year.