Ottawa IL Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
n/a
Status:
Active
Beds:
4
Baths:
4.00
MLS#:
12003169

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.

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Andrea D. Conner, License 471020674, Xome Inc., License 478026347, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Ste 100, Lewisville, TX 75067


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Ottawa Real Estate

The median home value in Ottawa, IL is $193,500. This is higher than the county median home value of $144,800. The national median home value is $338,100. The average price of homes sold in Ottawa, IL is $193,500. Approximately 56.98% of Ottawa homes are owned, compared to 30.78% rented, while 12.24% 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 has a population of 18,719. Ottawa is more family-centric than the surrounding county with 29.04% of the households containing married families with children. The county average for households married with children is 25.66%.

The median household income in Ottawa, Illinois is $61,083. The median household income for the surrounding county is $62,825 compared to the national median of $69,021. The median age of people living in Ottawa is 39.7 years.

Ottawa Weather

The average high temperature in July is 84 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 37 inches per year, with 21.1 inches of snow per year.

Ottawa Real Estate Market Conditions

  • Median sales price

    $193,500
    8.8% change since last quarter
  • # Active listings

    158
    30-day change

Ottawa Schools and Demographics

Education near Ottawa, IL

Metric City County
High School Graduates 91.14 90.56
College Degree - 2 year 8.35 11.34
College Degree - 4 year 22.25 18.5
Graduate Degree 6.35 4.93
Expenditures per Student 19,606 19,606
Students per Teacher 12.5 12.5

Elementary Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Deer Park C C Elementary School PK - 08 104 9.9 61350
Grand Ridge School PK - 08 257 10.7 61325
Jefferson Elementary School PK - 04 339 14.3 61350
Lincoln Elementary School PK - 04 502 18.3 61350
Marseilles Elementary School PK - 08 576 13.2 61341
McKinley Elementary School PK - 04 380 14.5 61350
Milton Pope Elementary School KG - 08 201 14.6 61341
Rutland Elementary School KG - 08 65 7.1 61350
Serena Elementary School KG - 08 142 11.8 60549
Wallace Elementary School PK - 08 322 12.8 61350
Waltham Elementary School KG - 08 225 12.4 61373

Middle Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Central Intermediate School 05 - 06 413 15.1 61350
Shepherd Middle School 07 - 08 465 13.6 61350

High Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Ottawa Township High School 09 - 12 1,396 15 61350
Serena High School 09 - 12 239 12.8 60549

Ungraded Schools near Ottawa, IL

School Grades Students P/T Ratio ZIP
Lasalle ROE Taoep 06 - 12 0 0 61350

Demographics near Ottawa, IL

Metric City County
Neighborhood Type Suburban
Population 18,719 109,986
Population Density 1,463 97
Median Age 39.7 41.8
People per Household 2.4 2.4
Median Household Income 61,083 62,825
Average Income per Capita 31,213 33,174