Brick Quadplex with
For Sale
Under Contract
$360,000
621 Chapel Street, Ottawa, IL 61350
Residential Income, Ottawa, IL
Property SizeContact for details
Lot Size0.32 Acres
Days on Market255
Property Features for 621 Chapel Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
7
Bathrooms
4
Full bathrooms
4
Rooms
Laundry Room, Bathroom 4, Bathroom 3, Bedroom 5, Bedroom 4, Bathroom 2, Bedroom 1, Bathroom 1, Bedroom 7, Bedroom 6, Bedroom 2, Bedroom 3, Utility Room
Patio and Porch features
Porch
Exterior features
Balcony
Basement
Crawl Space
Elementary school district
141
Middle school district
141
High school district
140
Directions
From East Main St go North on York St. Turn East ( right ) on Chapel St.
Subdivision
Danway / Dayton / Naplate / Ottawa / Prairie Center
Standard status
Active Under Contract
APN
2112138003
Lot size
0.32 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4290
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Building Details
Year built
1900
Building materials
Brick
Roof type
Asphalt, Flat
Listing Agency:
Keller Williams Innovate · Keller Williams Realty
(630) 423-8223
Listed By:
Phil Makarewicz · License #475138878
(815) 579-9314
Added: Jan 23
Changed: Sep 15
Last Checked: Oct 5 at 2:06PM
MLS# 12551792
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 1900-built brick quadplex sits on 0.32 acres and includes four residential units, with potential for a fifth unit. Recent work completed in 2024-25 includes a renovated unit, replacement roof, gutters, soffit, fascia, and exterior paint. The property also features balconies, a porch, forced-air heating, and natural gas service. Two units have separate utilities, while the remaining two share utilities. Public water and public sewer serve the property.
Located in Ottawa’s historic district, the property is within walking distance of downtown, where restaurants and shopping are available. The combination of unit count, recent improvements, and established downtown proximity provides a clearly defined multifamily configuration.
Located in Ottawa’s historic district, the property is within walking distance of downtown, where restaurants and shopping are available. The combination of unit count, recent improvements, and established downtown proximity provides a clearly defined multifamily configuration.
Key Highlights
- Four‑unit quadplex with potential for a fifth unit
- 8.7 cap rate
- 0.32‑acre lot in Ottawa’s historic district
Property Analytics
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Open Analytics
Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
759
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit multifamily property with recent exterior improvements and a location near downtown Ottawa dining and shopping.
Where is this quadplex located?
The property is located at 621 Chapel Street Ottawa, IL.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: Four‑unit quadplex with potential for a fifth unit; 8.7 cap rate; 0.32‑acre lot in Ottawa’s historic district
