1201-1217 Illinois Avenue, Ottawa, IL

$850,000

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0.52

Acres

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
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
Area Danway / Dayton / Naplate / Ottawa / Prairie Center
City Ottawa
County LaSalle
State IL
Zip Code 61350

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Window Unit(s)
Fireplace No
Has Basement No

Exterior

Exterior Brick
Roof Rubber

Additional Information

Days on Market 7
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeColdwell Banker Real Estate Group

Listing Map

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