Sandy Ortiz-Ramirez
Realty of America, LLC
(773) 572-0782
147 Total Sales
1 in Ottawa
$202,500 Price
110 E Fremont St Ottawa, IL 61350
Ottawa Area
24
Beds
12
Baths
--
Sq Ft
0.93
Acre Lot
About This Home
As of May 2022*Multiple offers received -- Seller will allow showings and entertain all offers until Monday 3/21 at noon -- highest and best requested by Monday at noon* Investors Wanted! Located in Ottawa Illinois Starved Rock Country and the Town of Two Rivers! Conveniently located on the corner of Fremont and Columbus Street on Ottawa's north side. Easy access to schools, downtown shopping and dining, and highways for commuters. Three buildings (on 3 separate PINs), 4 units in each building for 12 units total. This property is being sold as a package only. All units are the same but may have different finishes. The units consist of 2 spacious bedrooms, 1 full bathroom with tub/shower combo, oak kitchen cabinets with dining area, lots of storage and private laundry room in each unit. These units are very easy to rent and currently under-rented ($700-800/month) and could rent for $850-950 or $1000 a month. Each unit includes a stove, refrigerator, washer and dryer. Off street parking in the back off of the alley. Buildings were quality stick built and have been well-maintained. Manager's closet in the common area of each building. Professional pictures will be forthcoming.
Last Agent to Sell the Property
Coldwell Banker Real Estate Group License #475092481 Listed on: 03/17/2022
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,273
Year Built
- Built in 1997
Lot Details
- 40,511 Sq Ft Lot
- Lot Dimensions are 150x269
- Additional Parcels
Home Design
- Composition Roof
Interior Spaces
- 2-Story Property
Bedrooms and Bathrooms
- 24 Bedrooms
- 12 Bathrooms
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 12 Units
Building Details
- Insurance Expense $6,600
- Other Expense $3,000
- Trash Expense $125
- Operating Expense $11,400
- Gross Income $8,800
- Net Operating Income $72,381
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 17, 2022
Closed on
May 11, 2022
Sold by
Elleson Steven D and Elleson Jackie R
Bought by
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Shivam Patel
ARNI Realty Incorporated
List Price
$985,000
Sold Price
$935,500
Premium/Discount to List
-$49,500
-5.03%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Outstanding Balance
$710,021
Interest Rate
4.67%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ottawa, IL
-
Sandy Ortiz-Ramirez
-
Kayla Easley
Kayla Easley
Responds QuicklyeXp Realty - Chicago North Ave
(331) 215-9689
89 Total Sales
4 in Ottawa
$76K - $185K Price Range
-
Liz Piccioli
Liz Piccioli
@properties Christie?s International Real Estate
(815) 860-2076
95 Total Sales
2 in Ottawa
$106K - $140K Price Range
-
William Hornsby
William Hornsby
Century 21 Coleman-Hornsby
(815) 635-8172
13 Total Sales
2 in Ottawa
$140K - $215K Price Range
-
Susann Rhoades
Susann Rhoades
Responds QuicklyRE/MAX Suburban
(224) 328-3593
66 Total Sales
1 in Ottawa
$189,000 Price
-
Eddie Ruettiger
Eddie Ruettiger
Exit Real Estate Specialists
(708) 719-9080
228 Total Sales
1 in Ottawa
$95,400 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $935,500 | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $765,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/11/2022 05/11/22 | Sold | $935,500 | -5.0% | -- |
| 03/22/2022 03/22/22 | Pending | -- | -- | -- |
| 03/17/2022 03/17/22 | For Sale | $985,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $7,231 | $72,080 | $14,164 | $57,916 |
| 2024 | $7,423 | $72,080 | $14,164 | $57,916 |
| 2023 | $7,592 | $72,080 | $14,164 | $57,916 |
| 2022 | $7,260 | $68,000 | $13,362 | $54,638 |
| 2021 | $7,311 | $68,000 | $13,362 | $54,638 |
| 2020 | $7,273 | $68,000 | $13,362 | $54,638 |
| 2019 | $7,523 | $68,000 | $13,362 | $54,638 |
| 2018 | $7,515 | $68,000 | $13,362 | $54,638 |
| 2017 | $7,487 | $68,000 | $13,362 | $54,638 |
| 2016 | $7,515 | $68,000 | $13,362 | $54,638 |
| 2015 | $7,489 | $68,000 | $13,362 | $54,638 |
| 2012 | -- | $87,006 | $13,362 | $73,644 |
Source: Public Records
Agents Affiliated with this Home
-
George Shanley
Seller's Agent in 2022
George Shanley
Coldwell Banker Real Estate Group
(815) 228-1859
475 Total Sales
-
Shivam Patel
SP
Buyer's Agent in 2022
Shivam Patel
ARNI Realty Incorporated
(773) 991-6765
24 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11350454
APN: 21-02-403016
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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