Four-Unit Apartment Building

119 E Superior Street Ottawa, IL 61350

Claim this Listing
For Sale
$285,000

MULTI_FAMILY - Other - Ottawa, IL

Lot size:
0.17 Acres
Added:
May 14, 2026
Days on Market:
58
Last Refresh:
Jul 10 at 11:06 pm

Property Features for 119 E Superior Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
4
Bathrooms
4
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 3, Basement, Bedroom 1, Bathroom 3, Bathroom 4
Parking
3
Basement
Unfinished, Full
Standard status
Active
APN
2111219020
Lot size
0.17 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
3186

Utilities

Sewer type
Public Sewer
Heating system
Steam
Water source
Public

Building Details

Year built
1895
Building materials
Vinyl Siding
Roof type
Asphalt
Architectural style
Other

Listing agent Janelle McCarter License #471004781

Listing office Landmark Realty of Illinois LLC 1221 N. Main St., Princeton, IL

Listing date May 14, 2026

MLS# 12608726 Listing URL

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This well-maintained four-unit apartment complex is designed for straightforward, low-overhead operations. All four units are currently rented and generate approximately $41,000 annually in gross rental income at $850 per month each. Three of the four units were extensively remodeled in 2025, with updated interiors. Each unit includes its own refrigerator, stove, window A/C unit, and individual heating controls.

Tenants pay their own gas and electric utilities. The property also includes major exterior and mechanical updates: a new roof in 2016, new siding in 2020, a new blacktop driveway in 2025, two new water heaters installed in 2025, and a boiler pump replacement in 2025. The building is located in a convenient area of Ottawa, within walking distance to shopping, restaurants, and everyday amenities.

Key Highlights

  • Well‑maintained 4‑unit apartment building with all four units currently rented at $850/month
  • Approximately $41,000 in annual gross rental income reported for the 4‑unit complex
  • Extensive 2025 remodels completed in 3 of the 4 units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Dental Office Real Estate Agency Big Box & Wholesale Store Storage Facility Garden Center Cafe & Coffee Shop Electrical Service Carpet & Flooring Store Computer & Electronic Repair Bakery

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Well-maintained four-unit complex with all units rented and recent interior and exterior upgrades.
Where is this quadplex located?
The property is located at 119 E Superior Street Ottawa, IL.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit apartment building with all four units currently rented at $850/month; Approximately $41,000 in annual gross rental income reported for the 4‑unit complex; Extensive 2025 remodels completed in 3 of the 4 units
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