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Legacy Property Management

propertymanagement@legacypropertiesil.com +1(224) 999-9200

$ 259,900

Est. payment | -/mo

4 Beds

3 Baths

Save

$ 259,900

Est. payment | -/mo

Save

4 Beds

3 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 12670800

Style Traditional

Bedrooms 4

Year Built 1915

Annual Tax Amount $4,512

Tax Year 2024

Lot Dimensions 36X132

Property Sub-Type Two to Four Units

Property Description

HOUSE HACKERS and INVESTORS wanted! Did you know that as a FIRST-TIME HOMEBUYER-or ANY BUYER planning to occupy the property as their primary residence-you can purchase a 2-unit, 3-unit, or even a 4-unit property? By living in one unit and renting out the others, you may be able to use the rental income to help qualify for the mortgage and offset your monthly housing expenses. This strategy, often called "house hacking," can be a great way to start building wealth through real estate while enjoying the benefits of homeownership. INVESTORS, add a solid income-producing property to your portfolio. Well-maintained 2-story, 3-flat in the heart of Ottawa! The 2nd-floor UNIT A is currently rented for $1,100 per month. It includes 2 bedrooms, 1 bathroom, a kitchen, and a spacious living room. The unit was remodeled in 2025. The 1st-floor UNIT B is currently rented for $1,025 per month and features 1 bedroom, 1 bathroom, a kitchen with a dining area, a large living room, and a spacious front porch. UNIT C, located in the rear of the building, features 1 bedroom, 1 bathroom, a kitchen, and a spacious living room. All 3 tenancies are currently month-to-month. Tenants pay gas and electric. Owner pays water, sewer, and garbage. All units feature central air, kitchen appliances, plus access to a washer and dryer. Looking to expand your portfolio? The neighboring property at 611 Webster Street, a 3-unit building, is also available for sale. LOCATION, LOCATION, LOCATION! Situated in the heart of Ottawa and within walking distance to downtown, you'll enjoy easy access to the new YMCA, local restaurants, shops, the summer farmers market, winter Kris Kringle Market, seasonal wine and beer festivals, and more. Just minutes from Starved Rock State Park and Matthiessen State Park, with convenient access to Route 6 and Interstate 80. CONTACT THE LISTING BROKER for information on major area employers and future city development plans.

Location

State IL

County Lasalle

Area Danway / Dayton / Naplate / Ottawa / Prairie Center

Zoning MULTI

Rooms

Basement Unfinished, Partial

Interior

Heating Natural Gas, Forced Air

Fireplace N

Exterior

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Building Description Vinyl Siding, No

Sewer Public Sewer

Water Public

Structure Type Vinyl Siding

New Construction false

Schools

School District 141 , 141, 140

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Irina Allison of Allison Towne Realty, Inc.

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9200

propertymanagement@legacypropertiesil.com

1350 Remington Rd, Suite B, Schaumburg, IL, Other

613 Webster ST Ottawa, IL 61350