Ranch Duplex Investment
201 311 & Lot's 3-10 24th Avenue Ottawa, IL 61350
For Sale
$795,000
MULTI_FAMILY - Ranch - Ottawa, IL
Lot Size3.23 Acres
Days on Market166
Property Features for 201 311 & Lot's 3-10 24th Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bedroom 6, Bedroom 8, Bedroom 2, Bedroom 5
- Parking
- 8
- Parking features
- Owned, Assigned
- Patio and Porch features
- Deck
- Basement
- Crawl Space
- Standard status
- Active
- APN
- 2116300001
- Lot size
- 3.23 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10949
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 2023
- Building materials
- Vinyl Siding
- Roof type
- Asphalt
- Architectural style
- Ranch
Listing Agency:
Keller Williams Innovate
(630) 423-8223
Listed By:
Phil Makarewicz · License #475138878
(630) 423-8223
Added: Feb 10
Changed: Jul 13
Last Checked: Jul 26 at 5:06PM
MLS# 12523812
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 offering features two ranch duplex buildings for a total of four units, with construction completed in 2023. Each unit is equipped with an open kitchen/living room concept and offers 2 bedrooms and 1 bathroom. The units are fully occupied and presented in near-new condition, and the property is currently cash flowing under market rents at $1,300 per unit.
The configuration includes 2.59 acres subdivided into 8 lots, zoned for single-family or duplex use. Tenants pay water and electric. The property is located minutes from downtown Ottawa and Starved Rock State Park.
Each unit includes approximately 925 square feet of living space, with the 4-unit setup providing straightforward duplex-style rental housing on the subdivided lots.
The configuration includes 2.59 acres subdivided into 8 lots, zoned for single-family or duplex use. Tenants pay water and electric. The property is located minutes from downtown Ottawa and Starved Rock State Park.
Each unit includes approximately 925 square feet of living space, with the 4-unit setup providing straightforward duplex-style rental housing on the subdivided lots.
Key Highlights
- Two duplexes totaling 4 units on 2.59 acres, subdivided into 8 lots and zoned for single‑family or duplex use
- Units built in 2023, fully occupied and cash flowing under market rents at $1,300 per unit
- Each unit features 925 SF with a 2‑bed, 1‑bath layout and open kitchen/living room concept
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Two ranch duplexes totaling four fully occupied units built in 2023, with tenants paying water and electric.
Where is this duplex located?
The property is located at 201 311 & Lot's 3-10 24th Avenue Ottawa, IL.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Two duplexes totaling 4 units on 2.59 acres, subdivided into 8 lots and zoned for single‑family or duplex use; Units built in 2023, fully occupied and cash flowing under market rents at $1,300 per unit; Each unit features 925 SF with a 2‑bed, 1‑bath layout and open kitchen/living room concept
