1201-1217 Illinois Avenue , Ottawa, IL 61350
Ottawa, IL 61350
Description
Attention Investors! If you value quality construction and exceptional maintenance, this is your chance to own a historic Ottawa landmark. Located at the corner of Illinois Avenue and Leland Avenue, this 7-unit brick residence offers both charm and investment appeal. Pride of ownership is evident, with a new rubber roof installed in 2017 and a meticulously maintained building. Many long-term tenants have made this their home, adding stability to your investment. The property features 3 two-bedroom units and 4 one-bedroom units, each with a dedicated covered parking space and additional off-street parking. Each unit also features private front and back entrances, natural woodwork, original hardwood floors, and some even still have their original, vintage chandeliers. Tenants enjoy access to a partial basement with individual storage bays and shared laundry facilities. For added security, the back courtyard is equipped with dusk-to-dawn and motion sensor lighting. Units are heated with hot water heat. Don't miss this rare investment opportunity to own a well-maintained brick building with amazing tenants!
Details
| MLS# | 12176176 |
|---|---|
| Listing Type | For Sale |
| Style | Town House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1966 |
| Days On Site | 103 |
| Listing Provided By | Coldwell Banker Real Estate Group | George Shanley |
Features
| SQ Feet | 6,724 |
|---|---|
| Story(s) | 1 |
| Units | 7 |
| Zoning | COMMR |
| Acreage | 0.52 |
Market Activity 61350
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Learn More About This Property
| State | IL |
|---|---|
| County | LaSalle |
| City | Ottawa |
| Zip Code | 61350 |
| Area | Danway | Dayton | Naplate | Ottawa | Prairie Center |
| Listing VS Median (in 61350) | |
Price: $850,000 low | high Med: $204,900 SqFt: 6,724 low | high Med: 1,737 $ / SqFt: $126 low | high Med: $129 On Site: 103 low | high Med: 38.000000 | |