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820 Columbus Street Ottawa, IL $ 2,000,000
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820 Columbus Street
$ 2,000,000
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820 Columbus Street

Ottawa, IL, 61350
$ 2,000,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 12,314

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Multi-Family Home for sale in Ottawa, IL

for $2,000,000 with 6 bedrooms. This home was built in 1925.

Introducing a rare opportunity to own a well-preserved 32-unit historic multifamily property that blends timeless architectural charm with key modern infrastructure upgrades. This property has a strong unit mix with brick building showcases classic period details, solid construction, and strong curb appeal-making it a standout asset in any portfolio. The property features a mix of thoughtfully laid-out units with high ceilings, oversized windows, original millwork, and vintage character throughout. Residents enjoy spacious floor plans and abundant natural light, all within a building that reflects enduring craftsmanship. he property has recently undergone a major capital improvement with the installation of brand-new boiler systems, enhancing efficiency, reliability, and long-term cost control.

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Multi-Family Active

Price

$ 2,000,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 19,262

Style

Year Built

1925

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

12572763
Features
General
Year Built 1925
Electric Fuses Service - 101 to 200 Amps
Tenant Pays Electricity
Stories Count 3
Tax Year 2024
Gross Income 267660
County LaSalle
Net Operating Income 162514
Operating Expense 97086
Insurance Expense 12535
Property Type Commercial Sale Multi Family 5+
MaintenanceExpense 14775
Status New
Directions Head southwest toward Interstate 55 (I-55) South. (Depending on your exact starting point in downtown you may take local streets like W Adams St or W Jackson Blvd to reach I-55 South.) Merge onto I-
City Ottawa
Number Of Units Total 32
MLS Area Danway / Dayton / Naplate / Ottawa / Prairie Cent
Tax Annual Amount 19262
Electric Expense 4538
Fuel Expense 21343
Trash Expense 5924
Water Sewer Expense 12442
Additional Parcels Y/N Y
Standard Status Active
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Exterior
Lot Dimensions 0 5
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* Excluded Features
List By
Horvath & Tremblay Il, Llc

Broker

tshanley@htapartments.com

Email

Affordability Calculator

$13,920
Per Month
88%
12%
0%
Monthly Principal & Interest
$12,314
Monthly Property Taxes
$1,605
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
2/19/2026$2,000,000 Listed Price

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820 Columbus Street, Ottawa, IL, 61350 is a Multi-Family Home for sale at $2,000,000. 820 Columbus Street has 6 bedrooms, 0.0 baths, and was built in 1925. The property's zip code is 61350 which is in Ottawa, IL

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