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Two-Unit Duplex with Rear Deck
New
For Sale
$255,000

702 4th Avenue, Ottawa, IL 61350

Residential Income, Ottawa, IL

Property SizeContact for details
Days on Market4

Property Features for 702 4th Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 4
Full bathrooms 2
Half bathrooms 2
Rooms Bathroom 3, Bedroom 2, Bedroom 1, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 3, Bathroom 4
Parking 2
Patio and Porch features Deck
High school Ottawa Township High School
Elementary school district 141
Middle school district 141
High school district 140
Directions N 2703rd Rd to Third Ave to Highland St to Fourth Ave
Subdivision Danway / Dayton / Naplate / Ottawa / Prairie Center
Standard status Active
APN 2213127005

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6663

Utilities

Sewer type Public Sewer
Heating system Forced Air
Water source Public

Amenities

shared deck

Building Details

Year built 1920
Building materials Brick
Roof type Asphalt
Listing Agency: Keller Williams Infinity · Keller Williams Realty
Listed By: Sarah Morris · License #475212501
Added: Oct 2 Last Checked: Oct 5 at 1:06PM
MLS# 12773310

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.

Both units at 702 4th Avenue are included in this brick duplex, built in 1920. Each residence has a two-level layout with a family room, kitchen, and half-bath on the main floor; the upper level contains two bedrooms and a full bathroom. Across the property, the configuration totals four bedrooms, two full bathrooms, and two half-bathrooms.

A shared deck extends across the rear of the building. The property has forced-air heating, an asphalt roof, public water, and public sewer.

Key Highlights

  • Both sides of the duplex are included in the sale
  • Four bedrooms, two full bathrooms, and two half‑bathrooms across the property
  • Two‑level layout in each unit

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Electrical Service Big Box & Wholesale Store Auto Repair Shop (Bike/Boat/Book/etc) Store Pharmacy

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

150
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
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Frequently Asked Questions

What type of property is this?
Duplex - Each residence spans two levels, with a family room, kitchen, and half-bath on the main floor.
Where is this duplex located?
The property is located at 702 4th Avenue Ottawa, IL.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Both sides of the duplex are included in the sale; Four bedrooms, two full bathrooms, and two half‑bathrooms across the property; Two‑level layout in each unit
More about this property
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