Property profile

304 Main St Ottawa, IL 61350

OFF-MARKET
Other commercial real estate
Property ID
US28-4196695
7,354 SF 0.18 ac lot Built 1920
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property is a residential apartment with two bedrooms and 1.5 bathrooms, configured over two levels. The main floor includes two entrances, a large kitchen, and two family rooms that can be used as an office area or bonus room, along with in-unit laundry hook-ups. A staircase leads to the upper level, which contains two large bedrooms and a half bathroom. The apartment is located on the east side directly across from Ottawa High School and includes private off-street parking. Smoking and pets are not permitted.

Property profile

Verified
Property type Other commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1920
Total area 7,354 SF
Lot 0.18 ac (7,841 SF)
APN 21-11-400-013
UPID US28-4196695

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

304 Main St Ottawa, IL 61350-2825
Ottawa metro Census 962700 OTTAWA, IL MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2025
2 recorded transactions
2025
$270,000
2006
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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