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3-Unit Apartment Building
New
For Sale
$339,900

646 Webster Street, Ottawa, IL 61350

Residential Income, Ottawa, IL

Property SizeContact for details
Days on Market5

Property Features for 646 Webster Street

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Basement, Bathroom 3, Bedroom 3
Parking 3
Window features Screens
Patio and Porch features Porch
Basement Unfinished, Daylight, Storage Space, Full
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

Building Details

Year built 1901
Building materials Vinyl Siding
Listing Agency: Coldwell Banker Real Estate Group
Listed By: James Skorupa · License #471004588
Added: Oct 8 Changed: Oct 10 Last Checked: Oct 12 at 4:06AM
MLS# 12780637

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.

Built in 1901, this three-unit apartment property has undergone extensive updates, including electrical and plumbing work, refreshed kitchens and bathrooms, new flooring and finishes, and a replacement roof and siding. Nearly all windows and interior and exterior doors have also been replaced. Each unit has a separate furnace and water heater, along with laundry hookups. The building features porches and vinyl siding.

The property is in Ottawa’s historic district, in a walkable downtown setting. Public water and sewer serve the building.

Key Highlights

  • Three apartment units in Ottawa’s historic district
  • Each unit has its own furnace and water heater
  • Laundry hookups in every 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, plus laundry hookups.
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 $339,900.
What are key features of this property?
This property features: Three apartment units in Ottawa’s historic district; Each unit has its own furnace and water heater; Laundry hookups in every unit
More about this property
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