$395,000
621 Chapel Street, Ottawa, IL 61350
- 7 beds |
- 4 baths
Multi-Family Home
Built in 1900
0.32acre lot
—— car garage
$——/sqft
Listed 1 month ago
Property 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.
- Listing Status:
- Active
- Data Last Updated:
- March 5, 2026 at 3:18AM
- Listing Office:
- Keller Williams Innovate : 630-423-8223
- Listing Agent:
- Phil Makarewicz : 815-579-9314
- MLS ID:
- 12551792

- General: Balcony
- Style: Other
- Parking: Parking spaces: 0
- Roofing: AsphaltFlat
- General: Other
- HOA Amenities: SidewalksStreet Paved
- Originating MLS: mred
- School District: 141
- County: LaSalle
- Zoning: 2112138003
- Water: Public
- Sewer: Public Sewer
- Source: mred
- Ownership: Fee Simple
This listing courtesy of Phil Makarewicz , Keller Williams Innovate
Monthly Payment
$Est. Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
J
Jefferson Elementary School
1709 Columbus St, Ottawa, IL, 61350
Grades KG-4
0.80 miles away
S
Shepherd Middle School
701 E McKinley Rd, Ottawa, IL, 61350
Grades 7-8
1.70 miles away

