Franklin Peterson
This listing was posted on RealtyWW.
$375,000
Home For Sale In Ottawa, Illinois
Price:
$375,000
BR/BA:
2 BR, 3 BA
Location:
626-630 W Madison St, Ottawa, IL
Description:
Proud to announce this 7 unit mixed use building is available immediately for sale in Ottawa, IL. Features two retail spaces 1250sf each, three two-bedroom apartments, two one-bedroom apartments, and a 4 stall detached garage 1000sf. All of the apartments are larger than average. One of the apartments #5 features a private yard and entry. City of Ottawa has already pre-approved converting the two retail spaces into residential units so that has huge value add potential for the rent roll. Market rent for 1br is $800, market rent for 2br is $1000. The city of Ottawa is on I-80 and not far from I-39/51. Ottawa is a river town with considerable growth: new rooftops, shopping, many dining options, shops, two marinas. Subject property is walking distance to downtown. Roof 2018. Other recent improvements. Two units remodeled in the last couple years. Landlord pays water/sewer. Inquire for rent roll. No showings of occupied units until executed contract so as not to disturb the tenants. DO NOT DISTURB TENANTS - ALL QUESTIONS GO TO THE LIST BROKER. Broker Owned. Offered As-Is.For more details: https://realtyww.info/homes_ottawa-d541675/for-sale_i70008717
Property Type:
Single-Family Houses
Sq feet:
1,000 sq. ft.
Amenities:
Parking
Posted:
March 30 on RealtyWW
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More About this Listing: Home For Sale In Ottawa, Illinois
Home For Sale In Ottawa, Illinois is a Two Bedroom 3.5 Bath Single-Family Homes for Sale at 626-630 W Madison St in Ottawa IL. Find other listings like Home For Sale In Ottawa, Illinois and listings near 626-630 W Madison St by searching Oodle Classifieds for Two Bedroom 3.5 Bath Single-Family Homes for Sale in Ottawa IL.
Home For Sale In Ottawa, Illinois is a Two Bedroom 3.5 Bath Single-Family Homes for Sale at 626-630 W Madison St in Ottawa IL. Find other listings like Home For Sale In Ottawa, Illinois and listings near 626-630 W Madison St by searching Oodle Classifieds for Two Bedroom 3.5 Bath Single-Family Homes for Sale in Ottawa IL.