Please stand by.
USDAProperties.com is making sense of this chaotic market...

 

 

 

$162,000   Price Analysis
USDAProperties Agent Contact Page  Agent Details  share icon     map icon  QR
425 Marcy St
Ottawa, IL 61350
3 bed 3 bath unknown SqFt ($0/SqFt)
6,360SqFt lot. Built 1925
Listed 2023-08-07, Taxes $2,808
USDA Eligible
near Ottawa, IL
 

Investor's opportunity in this two story corner lot home

With two of the units currently occupied and a large heated garage on the property, with a second bonus floor. The main floor apartment is vacant and easy to show. This unit is approximately 1429 square feet and features 9 foot celings with 2 bedrooms, hardwood flooring and access to the basement laundry. Other features include a large living room area, separate dining and two porch accesses to this apartment. Flooring has been refinished, new paint and kitchen floor to be redone. The second unit, located on the upper level, is approximately 840 square feet with one bedroom, 9 foot ceilings, a mix of hardwood, wood laminate and original wood flooring throughout.

This apartment has easy stair access off of the front porch area. The third unit is accessed by the back staircase and is a studio apartment, at approximately 400 square feet. The upstairs units have access to the basement for laundry, by exterior doors. All units had been occupied for years and current tenants pay month to month. Upstairs units could be opened to have one larger apartment, as previous door access was covered up. This home is in a fantastic location, with easy and quick access to downtown or head out to Starved Rock as you're less than 10 miles away. Come check out the potential in this property and schedule a showing today!


Presented by Brittany Ross at
RE MAX 1st Choice.
Listing Agent Photo

Property MLS #11851683 from MRED

Bedrooms: 3
Bedrooms Possible: 3

Total Rooms: 12
Basement Features: Full
Basement Description: Unfinished, Stone/Rock

Total Bathrooms: 3
Full Bathrooms: 3

Heating Features: Baseboard

Lot Description: Corner Lot
Lot Size Acres: 0.1460055
Lot Size Dimensions: 53X120
Lot Size Square Feet: 6360

Garage Spaces: 2
Garage Description: Detached
Parking Total: 2

Association: No
Calculated Total Monthly Association Fees: 0

High School: Ottawa Township High School
High School District: 140

Ottawa Township High School is a public high school located approximately 0.7 miles away.
directions icon Map directions

Lincoln Elementary School is a public elementary school located approximately 0.8 miles away.
directions icon Map directions

Marquette High School is a private elementary, middle and high school located approximately 1 miles away.
directions icon Map directions

Shepherd Middle School is a public middle school located approximately 1.3 miles away.
directions icon Map directions

Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Total Rooms in Unit-1: 6
Total Rooms in Unit-2: 4
Total Rooms in Unit-3: 3
Unit 1 Total Actual Rent: 750
Unit 2 Total Actual Rent: 535
Unit 3 Total Actual Rent: 375

Annual Tax Amount: 2808.48
Source Listing Status: Active
County: La Salle
Directions: Rt. 23 South, turn right onto W Center St, home on the corner of Marcy and Center St.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 2214204010
Township: South Ottawa
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$19,855 + $6,406
$26,261
$2,808
2021$19,855 + $6,406
$26,261
$2,826
2020$19,855 + $6,406
$26,261
$2,811
2019$19,855 + $6,406
$26,261
$2,906
2018$19,855 + $6,406
$26,261
$2,903
2017$19,855 + $6,406
$26,261
$2,892
2016$21,274 + $6,177
$27,451
$3,034
2015$20,360 + $5,912
$26,272
$2,895
2014$19,666 + $5,710
$25,376
$2,637
2013$19,937 + $5,789
$25,726
$2,631
2012$20,757 + $6,027
$26,784
$2,713
2011$21,946 + $6,372
$28,318
$2,835
2010$23,167 + $6,726
$29,893
$2,919
2008$23,367 + $6,785
$30,152
$2,833
2006$21,648 + $6,286
$27,934
$2,470
2005$unknown + $unknown
$24,284
$2,328

Price Changed 2023-11-13
$162,000
MRED
Price Changed 2023-10-03
$167,000
MRED
Price Changed 2023-08-25
$173,000
MRED
Listed 2023-08-07
$180,000
MRED

Year Built: 1925
Foundation Details: Stone
Property Age: 99
Roof: Asphalt

Sewer: Public Sewer
Water Source: Public
Click Thumbnail Images To View Full Size
house_viewhouse_viewporchporchporch
dining_roombedroomkitchenbedroomunknown
laundry_roomkitchenliving_roombedroomlaundry_room
living_roomlaundry_roomlaundry_roomunknownunknown
garageunknown

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.