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Renovated Three-Unit Triplex
For Sale
$367,900

646 Webster Street, Ottawa, IL 61350

Residential Income, Ottawa, IL

Property SizeContact for details
Days on Market10

Property Features for 646 Webster Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 3, Bathroom 2, Basement, Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 2
Parking 3
Window features Screens
Patio and Porch features Porch
Basement Full, Daylight, Unfinished, Storage Space
High school Ottawa Township High School
Elementary school district 141
Middle school district 141
High school district 140
Directions Take W. Main Street west to Clay Street. Then go south to Webster Street and turn left on Webster Street.
Subdivision Danway / Dayton / Naplate / Ottawa / Prairie Center
Standard status Active
APN 2111309005

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 2853

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

laundry hookups
porches

Building Details

Year built 1901
Building materials Vinyl Siding
Listing Agency: Coldwell Banker Real Estate Group
Listed By: James Skorupa · License #471004588
Added: Sep 16 Changed: Sep 23 Last Checked: Sep 25 at 1:06AM
MLS# 12761398

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 three-unit apartment property, constructed in 1901, combines period character with extensive recent improvements. Renovations include electrical and plumbing work, updated kitchens and bathrooms, new flooring and finishes, replacement windows and doors, plus a new roof, siding, and porches. Vinyl siding complements the exterior, while natural-gas forced-air heating serves the building.

Each unit is equipped with an individual furnace and water heater, and laundry hookups are available within every residence. Public water and public sewer serve the property. The building is located at 646 Webster Street in Ottawa’s Historic District, within a walkable downtown setting. Its three-unit layout supports multifamily ownership, including an owner-occupied arrangement with additional residential units.

Key Highlights

  • Three‑unit apartment building in Ottawa’s Historic District
  • Extensive renovation work includes kitchens, bathrooms, flooring, windows, doors, roof, siding, and porches
  • Individual furnace and water heater for each unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Big Box & Wholesale Store Garden Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

883
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Each residence has its own furnace and water heater, with laundry hookups provided.
Where is this triplex located?
The property is located at 646 Webster Street Ottawa, IL.
What is the asking price?
The asking price for this property is $367,900.
What are key features of this property?
This property features: Three‑unit apartment building in Ottawa’s Historic District; Extensive renovation work includes kitchens, bathrooms, flooring, windows, doors, roof, siding, and porches; Individual furnace and water heater for each unit
More about this property
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