119 E Superior Street, Ottawa, IL 61350
LaSalle County
Key Facts
Description
Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking distance to shopping, restaurants, and everyday amenities. This solid income-producing property generates approximately $41,000 annually in gross rental income, with all four units currently rented at $850 per month. Three of the four units were extensively remodeled in 2025, offering updated interiors that appeal to tenants and help minimize future maintenance costs. Each unit includes its own refrigerator, stove, window A/C unit, and individual heating controls for added tenant comfort and efficiency. Tenants pay their own gas and electric utilities, helping keep owner expenses low. Major exterior and mechanical updates include a new roof in 2016, new siding in 2020, a new blacktop driveway in 2025, two new water heaters installed in 2025, and a boiler pump replaced in 2025. Strong cash-flow opportunity with numerous recent improvements already completed. Whether you are expanding your portfolio or looking for a reliable turnkey investment, this Ottawa multi-unit property is one to see!
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Style
American 4-Sq.
Year Built
1895
Lot Size
0.17 acres
Lot Dimensions
50x150
Parking Spaces
3
Ownership
Fee Simple
Zoning
MULTI
Days on Market
14
MLS® Listing#
12608726
Property Features
Heating
Basement
Construction
Foundation
Roof
Sewer
Water Source
Financial Details
Annual Taxes
$3,186
Tax year 2024
Parcel Number
2111219020
Directions
N/S on Rt 23 then E on E Superior to property
Affordability Calculator
$57,000
Estimated monthly payment
$1,517/mo
Principal $228,000 · Est. interest $318,080 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Ottawa, IL
- $353,846
- Median Listing Price
- 63
- Median Days on Market
- 1,957
- Median Sq Ft
- $195
- Median Price / Sq Ft
- 86
- Active Listings
- This home’s price is 19% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Ottawa, IL.
Location
Points of Interest in Ottawa, IL
Showing the Ottawa area map.
Nearby Schools
Marquette Academy Elementary Cafeteria
Elementary · 0.1 mi away
Marquette Academy
School · 0.1 mi away
Ottawa Opportunity School
School · 0.3 mi away
Jefferson Elementary School
Elementary · 0.4 mi away
La Salle County Supt-Schools
School · 0.4 mi away
Ottawa Township High School
Secondary · 0.5 mi away
Ottawa Elementary District 141, Ottawa Illinois
Elementary · 0.5 mi away
Ottawa Township High School Choirs
Secondary · 0.5 mi away
Central Elementary School
Elementary · 0.6 mi away
Lincoln Elementary School
Elementary · 0.9 mi away
Ottawa Christian Academy
School · 1.0 mi away
Head Start
School · 1.5 mi away
Lasalle Co Detention Center 9-12
Secondary · 1.6 mi away
McKinley Elementary School
Elementary · 1.9 mi away
Shepherd Middle School
Secondary · 2.0 mi away
Central Intermediate School
Secondary · 2.1 mi away
Wallace Grade School
Elementary · 4.6 mi away
Rutland Elementary School
Elementary · 5.9 mi away
Marseilles Elementary School
Elementary · 6.7 mi away
Marseilles Elementary School
Elementary · 7.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2594 E 1069th Road, Ottawa, IL | $210,000 | 3 | 2 | 2,352 |
| 316 Guthrie Street, Ottawa, IL | $219,500 | 3 | 2 | 2,274 |
| 627 E Main Street, Ottawa, IL | $239,999 | 3 | 3 | 1,926 |
| 627 E Main Street, Ottawa, IL | $240,000 | 3 | 3 | 1,926 |
| 217 20th Avenue, Ottawa, IL | $244,500 | 4 | 2 | 2,102 |
| 749 Fort Street, Ottawa, IL | $246,900 | 3 | 2 | 1,550 |
Moving Cost Estimate
EXIT Agents in Ottawa
Listing Courtesy: Landmark Realty of Illinois LLC - 8158751221
Last Updated: 2026-05-14