About 1201-1217 Illinois Avenue
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!
Features of 1201-1217 Illinois Avenue
MLS® # | 12176176 |
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Price | $850,000 |
Bathrooms | 0.00 |
Acres | 0.52 |
Year Built | 1966 |
Type | Commercial Sale |
Sub-Type | Multi Family 5+ |
Status | New |
Community Information
Address | 1201-1217 Illinois Avenue |
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Area | Danway / Dayton / Naplate / Ottawa / Prairie Center |
City | Ottawa |
County | LaSalle |
State | IL |
Zip Code | 61350 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Cooling | Window Unit(s) |
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Fireplace | No |
Has Basement | No |
Exterior
Exterior | Brick |
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Roof | Rubber |
Additional Information
Days on Market | 7 |
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Zoning | COMMR |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Coldwell Banker Real Estate Group |
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