1201-1217 Illinois Ave, Ottawa, IL 61350

This remarkable investment opportunity presents a meticulously maintained seven-unit brick building situated at the highly visible corner of Illinois Avenue and Leland Avenue in Ottawa, Illinois. The property boasts 6,724 square feet on a 0.52-acre lot and is priced at $819,000. Built with quality construction and boasting exceptional upkeep, this historic landmark offers a blend of charm and strong investment potential. The building comprises three two-bedroom units and four one-bedroom units, each featuring a dedicated covered parking space and access to additional off-street parking. Every unit provides private front and back entrances, showcasing original hardwood floors and beautiful natural woodwork. Some units retain their original vintage chandeliers, adding to the property's unique character. Residents enjoy access to a partial basement with individual storage bays and shared laundry facilities. The property benefits from a new rubber roof installed in 2017 and features a secure back courtyard equipped with dusk-to-dawn and motion-sensor lighting. Heating is provided by hot water heat. The building's long-term tenants contribute to its financial stability, making this a truly exceptional opportunity for discerning investors seeking a well-maintained, historically significant property with strong rental income.