4-Unit Apartment
For Sale
Contact for pricing
119 E Superior Street, Ottawa, IL 61350
Four-unit apartment property with recently remodeled interiors, individual heating controls, and tenant-paid gas and electric utilities.
Property SizeContact for details
Days on Market113
Property Features for 119 E Superior Street
General Information
Standard status
Active
Property subtype
Multifamily
Zoning
MULTI
Occupancy
100%
Net Operating Income
$25,992
Financials
Gross Income
$41,000
Average Monthly Rent
$850
Additional Details
Multifamily Units
4
Building Details
Year Built
1895
Listing Agency:
Landmark Realty of Illinois LLC
Listed By:
Janelle McCarter · License #471.004781
(815) 875-1221
Source:
Crexi
Added: May 14
Changed: Aug 29
Last Checked: Aug 31 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Landmark Realty of Illinois LLC
Investment Insights
Based on property information with market context.
This four-unit apartment building in Ottawa, Illinois, dates to 1895 and is zoned MULTI. All four units are currently rented. Three units received extensive interior remodeling in 2025, while each apartment includes a refrigerator, stove, window A/C unit, and individual heating controls.
Recent capital improvements include a roof installed in 2016, siding added in 2020, and a new blacktop driveway, two water heaters, and boiler pump completed in 2025. Tenants pay their own gas and electric utilities. The property is within walking distance of shopping, restaurants, and everyday amenities.
Recent capital improvements include a roof installed in 2016, siding added in 2020, and a new blacktop driveway, two water heaters, and boiler pump completed in 2025. Tenants pay their own gas and electric utilities. The property is within walking distance of shopping, restaurants, and everyday amenities.
Key Highlights
- Four‑unit apartment building with all four units currently rented
- Three of four units extensively remodeled in 2025
- Each unit includes a refrigerator, stove, window A/C unit, and individual heating controls
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,061
Businesses Nearby
Explore this area
Business Placement
Demographics for 61350, IL
23,997
Population
10,853
Households
2.2
Avg Household Size
43
Median Age
22%
College-Educated
93%
High-School Grad
152.5 sq mi
ZIP Area
157
Density / Sq Mi
$77,562
Median Household Income
$43,042
Median Earnings
$940
Median Rent
$157,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit apartment property with recently remodeled interiors, individual heating controls, and tenant-paid gas and electric utilities.
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: Four‑unit apartment building with all four units currently rented; Three of four units extensively remodeled in 2025; Each unit includes a refrigerator, stove, window A/C unit, and individual heating controls
