119 E Superior Street Ottawa, IL $ 285,000
119 E Superior Street
$ 285,000
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119 E Superior Street

Ottawa, IL, 61350
$ 285,000
Bedrooms4 Baths4.0 Sq 2,000

Monthly Estimate*

$ 1,755

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Multi-Family Home for sale in Ottawa, IL

for $285,000 with 4 bedrooms and 4 full baths. This 2,000 square foot home was built in 1895 on a lot size of 0.17.

Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking distance to shopping, restaurants, and everyday amenities. This solid income-producing property generates approximately $41,000 annually in gross rental income, with all four units currently rented at $850 per month. Three of the four units were extensively remodeled in 2025, offering updated interiors that appeal to tenants and help minimize future maintenance costs. Each unit includes its own refrigerator, stove, window A/C unit, and individual heating controls for added tenant comfort and efficiency. Tenants pay their own gas and electric utilities, helping keep owner expenses low. Major exterior and mechanical updates include a new roof in 2016, new siding in 2020, a new blacktop driveway in 2025, two new water heaters installed in 2025, and a boiler pump replaced in 2025. Strong cash-flow opportunity with numerous recent improvements already completed. Whether you are expanding your portfolio or looking for a reliable turnkey investment, this Ottawa multi-unit property is one to see!

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Multi-Family Active

Price

$ 285,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,186

Style

American 4-Sq.

Lot Size

0.17

Year Built

1895

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

12608726

Features
General
Sewer Public Sewer
Heating Steam Indv Controls
Possession Closing
Roof Asphalt
Zoning MULTI
Architectural Style American 4-Sq.
Construction Materials Vinyl Siding
Year Built 1895
Township Ottawa
Tax Year 2024
Ownership Fee Simple
Gross Income 41220
County LaSalle
Net Operating Income 25992
Insurance Expense 3480
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions N/S on Rt 23 then E on E Superior to property
City Ottawa
High School District 140
MLS Area Danway / Dayton / Naplate / Ottawa / Prairie Center
Tax Annual Amount 3186.44
Electric Expense 499
Fuel Expense 604
Trash Expense 555
Water Sewer Expense 701
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 141
Elementary School District 141
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Interior
Basement Unfinished Full
Total Bedrooms 4
Total Baths 4
Bedrooms Possible 4
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Parking Features Yes
Water Source Public
Total Parking 3
Foundation Details Stone
Lot Dimensions 50x150
Lot Size Acres 0.17
Waterfront Y/N N
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* Excluded Features
List By
Landmark Realty Of Illinois Llc

Broker

jalilley24@yahoo.com

Email

Affordability Calculator

$2,020
Per Month
87%
13%
0%
Monthly Principal & Interest
$1,755
Monthly Property Taxes
$266
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
566130 Elementary School
567007 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/15/2026$285,000 Listed Price

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119 E Superior Street, Ottawa, IL, 61350 is a Multi-Family Home for sale at $285,000 with 2,000 sqft and a lot size of 0.17. 119 E Superior Street has 4 bedrooms, 4.0 baths, and was built in 1895. The property's zip code is 61350 which is in Ottawa, IL