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    New Multifamily Investment Opportunity Title is generated by Realmo AI

    201 311 & Lot's 3-10 24th Avenue, Ottawa, IL 61350

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    For Sale
    $795,000

    MULTI_FAMILY - Ranch - Ottawa, IL

    Type:Single Family Residence
    Lot size:
    3.23 Acres
    Added:
    Feb 10, 2026
    Days on Market:
    120
    Last Refresh:
    Jun 10 at 11:06 am

    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 3, Bedroom 5, Bedroom 1, Bedroom 8, Bathroom 1, Bedroom 2, Bathroom 4, Bedroom 7, Bedroom 4, Bedroom 6, Bedroom 3, Bathroom 2
    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

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    Listing Contact
    Phil Makarewicz
    Phil Makarewicz

    Listing agent Phil Makarewicz License #475138878

    Listing office Keller Williams Innovate 2430 W. Indian Trail Rd #203, Aurora, IL

    Listing date Feb 10, 2026

    MLS# 12523812 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.

    HighLights

    • Four fully occupied, cash‑flowing units built in 2023.
    • 2.59 acres subdivided into 8 lots zoned for single family or duplexes.
    • Located minutes from downtown Ottawa and Starved Rock State Park.
    • Each unit features 2 beds, 1 bath, and an open kitchen/living room concept.
    • Tenants pay water and electric.
    • Units are in near‑new condition with vinyl siding, asphalt roof, and deck.

    Overview

    This multifamily property features two duplexes, totaling four units, situated on 3.23 acres subdivided into 8 lots. Zoned for single-family or duplexes, the property offers potential for various residential uses. Constructed in 2023, the units are fully occupied and cash flowing. Each unit provides 925 square feet of living space, with 2 bedrooms, 1 bathroom, and an open kitchen/living room concept. The units are in near-new condition. Tenants are responsible for water and electric utilities. The property is located minutes from downtown Ottawa and Starved Rock State Park.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Building Supply Gym & Fitness Center Auto Repair Shop Big Box & Wholesale Store HVAC Service Bar & Pub Garden Center Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Ottawa
    County
    LaSalle
    State
    Illinois
    Longitude
    -88.882835
    Latitude
    41.332001

    FAQs

    What type of property is this?
    Quadplex - Four units built in 2023, fully occupied, near downtown Ottawa.
    Where is this quadplex 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: Four fully occupied, cash‑flowing units built in 2023.; 2.59 acres subdivided into 8 lots zoned for single family or duplexes.; Located minutes from downtown Ottawa and Starved Rock State Park.
    More about this property
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