by Crawford Realty LLC

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621 Chapel Street
Ottawa, IL, 61350
$360,000
7 Beds
4 Baths
0 SqFt
0.32 Acres
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MLS #MRD12551792 image #0
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.

Property Details

Price:
$360,000
MLS #:
MRD12551792
Status:
Active Under Contract
Beds:
7
Baths:
4
Type:
Multi Family
Neighborhood:
danwaydaytonnaplateottawaprairiecenter
Listed Date:
Jan 23, 2026
Year Built:
1900
OtherDanway / Dayton / Naplate / Ottawa / Prairie CenterDanwaydaytonnaplateottawaprairiecenter

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Schools

School District:
140

Interior

Heating
Natural Gas, Forced Air

Exterior

Architectural Style
Other
Community Features
Sidewalks, Street Paved
Construction Materials
Brick
Exterior Features
Balcony
Patio And Porch Features
Porch
Roof
Asphalt, Flat

Financial

Net Operating Income
$34,331
Tax Year
2024
Taxes
$4,290

Map

Community

Market Summary

Current real estate data for Multi Family in Ottawa as of Jun 10, 2026
12
Multi Family Listed
93
Avg DOM
$316,150
Avg List Price

Property Summary

    621 Chapel Street Ottawa IL is a Multi Family for sale in Ottawa, IL, 61350. It is listed for $360,000

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disclosure
Courtesy of Keller Williams Innovate. Disclaimer: Based on information submitted to the MLS GRID as of Jun-10-2026 5:42:05 am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Copyright 2026. All rights reserved.
Rover IDX
621 Chapel Street
Ottawa, IL