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$225,000   Price Analysis
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119 E Superior St
Ottawa, IL 61350
4 bed 4 bath 2,000 SqFt ($112/SqFt)
7,405SqFt lot.
Listed 2024-03-13, Taxes $3,116
USDA Eligible
near Ottawa, IL
 

Proud to announce this four unit multifamily building is available immediately for sale.

* Has Contingent Offer *

Everything has gotten so expensive lately, this is your chance to l ive virtually for free and be a proud homeowner. Only required to live there for one year according to residential financing guidelines and after that you can cash flow this asset for the rest of your life. First floor unit left available for owner occupier.

Each unit has refrigerator, stove and window AC and stay with the property. Tenants pay gas and electric, owner pays water and garbage. Roof replaced in 2016, siding replaced 2020. Convenient location walking distance to downtown shopping and restaurants. One lne driveway included - currently shared among all tenants but can be reserved for owner occupier if they want. All dimensions are approximate. Broker owned. Easy to tour. Offered As-Is.


Presented by Franklin Peterson at
O'Neil Property Group, LLC.


Property MLS #12003169 from MRED

Bedrooms: 4
Bedrooms Possible: 4

Total Rooms: 12
Basement Features: Full
Basement Description: Unfinished

Total Bathrooms: 4
Full Bathrooms: 4

Heating Features: Steam, Indv Controls

Lot Size Acres: 0.17
Lot Size Dimensions: 50X150
Lot Size Square Feet: 7405

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Jefferson Elementary: K-4th Grad
High School: Ottawa Township High School
High School District: 140

Ottawa Township High School is a public high school located approximately 0.5 miles away.
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Marquette Elementary School is a private elementary and middle school located approximately 0.1 miles away.
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Jefferson Elementary School is a public elementary school located approximately 0.4 miles away.
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Shepherd Middle School is a public middle school located approximately 2 miles away.
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Community Features: Curbs, Sidewalks, Street Lights, Street Paved

Bedrooms in Unit-1: 1
Bedrooms in Unit-2: 1
Bedrooms in Unit-3: 1
Bedrooms in Unit-4: 1
Total Bathrooms in Unit-1: 1
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1
Total Bathrooms in Unit-4: 1
Full Bathrooms in Unit-1: 1
Full Bathrooms in Unit-2: 1
Full Bathrooms in Unit-3: 1
Full Bathrooms in Unit-4: 1
Total Rooms in Unit-1: 3
Total Rooms in Unit-2: 3
Total Rooms in Unit-3: 3
Total Rooms in Unit-4: 3
Unit-1 Square Feet: 500
Unit-2 Square Feet: 500
Unit-3 Square Feet: 500
Unit-4 Square Feet: 500
Unit 1 Total Actual Rent: 800
Unit 2 Total Actual Rent: 600
Unit 3 Total Actual Rent: 600
Unit 4 Total Actual Rent: 600

Annual Tax Amount: 3116.30
Source Listing Status: Active Under Contract
County: LaSalle
Directions: N/S on Rt 23 then E on E Superior to property
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential Income
Parcel Number: 2111219020
Township: Ottawa
Property Subtype: Two to Four Units
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$22,826 + $6,362
$29,188
$3,116
2021$22,826 + $6,362
$29,188
$3,138
2020$22,826 + $6,362
$29,188
$3,122
2019$22,826 + $6,362
$29,188
$3,229
2018$22,826 + $6,362
$29,188
$3,225
2017$22,826 + $6,362
$29,188
$3,213
2016$22,826 + $6,362
$29,188
$3,225
2015$22,826 + $6,362
$29,188
$3,214
2014$23,038 + $6,421
$29,459
$3,057
2013$23,554 + $6,565
$30,119
$3,073
2012$24,954 + $6,955
$31,909
$3,219
2011$26,623 + $7,420
$34,043
$3,386
2010$28,735 + $8,009
$36,744
$3,555
2008$29,594 + $8,249
$37,843
$3,531
2006$27,532 + $7,674
$35,206
$3,017
2005$unknown + $unknown
$29,031
$2,780

Listed 2024-03-13
$225,000
MRED
Sold 2021-02-04
$120,000
Public Record
Listing removed 2018-12-17
$135,000
MRED
Listing removed 2018-06-30
$135,000
MRED
Relisted 2017-09-17
$135,000
MRED
Listing removed 2017-08-27
$135,000
MRED
Price Changed 2016-12-19
$135,000
MRED
Price Changed 2016-06-28
$145,000
MRED
Relisted 2015-06-29
$149,900
MRED
Listing removed 2015-04-30
$159,500
MRED
Relisted 2014-10-24
$159,500
MRED
Listing removed 2014-09-04
$159,500
MRED
Relisted 2014-02-04
$159,500
MRED
Listing removed 2014-02-01
$159,500
MRED
Relisted 2013-08-07
$159,500
MRED
Listing removed 2013-07-01
$159,500
MRED
Relisted 2013-01-10
$159,500
MRED
Listing removed 2012-12-31
$159,500
MRED
Relisted 2011-11-29
$159,500
MRED
Listing removed 2011-10-31
$159,500
MRED
Relisted 2011-04-14
$159,500
MRED
Listing removed 2011-03-31
$159,500
MRED
Relisted 2011-03-22
$159,500
MRED
Listing removed 2010-12-10
$159,500
MRED
Listed 2010-10-19
$159,500
MRED
Sold 2006-01-06
$162,000
Public Record

Sewer: Public Sewer
Water Source: Public

Foundation Details: Stone
Roof: Asphalt
Architectural Style: American 4-Sq.
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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.