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621 Chapel Street Ottawa, IL $ 395,000
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621 Chapel Street
$ 395,000
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621 Chapel Street

Ottawa, IL, 61350
$ 395,000
Bedrooms7 Baths4.0 Sq 2,800

Monthly Estimate*

$ 2,432

621 Chapel Street, Ottawa, IL 61350 - Image 1
621 Chapel Street, Ottawa, IL 61350 - Image 2
621 Chapel Street, Ottawa, IL 61350 - Image 3
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621 Chapel Street, Ottawa, IL 61350 - Image 5
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621 Chapel Street, Ottawa, IL 61350 - Image 8
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621 Chapel Street, Ottawa, IL 61350 - Image 10
621 Chapel Street, Ottawa, IL 61350 - Image 11
621 Chapel Street, Ottawa, IL 61350 - Image 12
621 Chapel Street, Ottawa, IL 61350 - Image 13

Multi-Family Home for sale in Ottawa, IL

for $395,000 with 7 bedrooms and 4 full baths. This 2,800 square foot home was built in 1900 on a lot size of 0.32.

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.

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Multi-Family Active

Price

$ 395,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 4,290

Style

Lot Size

0.32

Year Built

1900

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

12551792
Features
General
Sewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Roof Asphalt Flat
Architectural Style Other
Construction Materials Brick
Year Built 1900
Township Ottawa
Tax Year 2024
Ownership Fee Simple
Gross Income 43500
Community Features Sidewalks Street Paved
County LaSalle
Net Operating Income 34331
Insurance Expense 1279
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 20
Status New
Directions From East Main St go North on York St. Turn East ( right ) on Chapel St.
City Ottawa
High School District 140
MLS Area Danway / Dayton / Naplate / Ottawa / Prairie Cent
Tax Annual Amount 4290
Trash Expense 1800
Water Sewer Expense 1800
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 141
Elementary School District 141
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Interior
Basement Crawl Space
Total Bedrooms 7
Room Type Utility Room-1st Floor
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Exterior Amenities Balcony
Water Source Public
Total Parking 0
Lot Dimensions 180 X 120 X 60X 60X120
Lot Size Acres 0.32
Waterfront Y/N N
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* Excluded Features
List By
Keller Williams Innovate

Broker

philip8616@gmail.com

Email

Affordability Calculator

$2,790
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,432
Monthly Property Taxes
$358
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/23/2026$395,000 Listed Price

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621 Chapel Street, Ottawa, IL, 61350 is a Multi-Family Home for sale at $395,000 with 2,800 sqft and a lot size of 0.32. 621 Chapel Street has 7 bedrooms, 4.0 baths, and was built in 1900. The property's zip code is 61350 which is in Ottawa, IL

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