Do Real Estate on the Go!
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- Description
- Property Details
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Do Real Estate on the Go!
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$395,000
7 Beds
4 Baths
--sqft
621 Chapel St, Ottawa, IL 61350
$395,000
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Multi Family
Built in 1900
$-- HOA
13,939.2 sqft lot
--/sqft
Description
ATTENTION INVESTORS! Zoned multi-family this 4 unit with potential for 5th is currently producing 8.7 cap rate with lots of room for improvement whether long term tenants or airbnb. Located in the historic district of Ottawa IL and walking distance of downtown which offers much variety of restaurants and shopping. Many recent improvments including newly renovated unit, new roof, gutters, soffit, fascia, exterior paint, all in 2024-25. 2 units have separate utilites and 2 units share utilties.
- Houzeo last checked: 40 Minutes ago
- Listing updated: January 29, 2026 at 6:07 am
- Listing Provided by: Phil Makarewicz (815) 579-9314 | Keller Williams Innovate (630) 423-8223
- Source: MRED MLS-IL | MLS#: 12551792
Property Details
Status
Active
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1900
HOA Fees
-
Finished Area
- sqft
Lot Size
13,939.2 sqft lot
Basement Area
- sqft
MLS Name
MRED MLS
MLS Number
12551792
MLS Status
Active
Days on Market
12
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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