NOT LISTED FOR SALE

1402 Champlain St Ottawa, IL 61350

Estimated Value: $172,000 - $248,000

2 Beds
1 Bath
-- Sq Ft
15,246 Sq Ft Lot

Last Sold November 26, 2025

Last sale price $233,000

Est. 7% decrease in value since last sale

Current estimated payment $1,357/month

3 Days on Market

Highlights

  • River Front
  • 2 Car Detached Garage
  • Patio
  • Ranch Style House
  • Views
  • 4-minute walk to Recreation Office

About This Home

As of November 2025

Two homes on one riverfront lot! A rare investment opportunity awaits with this unique property featuring two well-maintained 2-bedroom, 2-bathroom ranch homes on a riverfront lot. Ideal for investors, related living, or house hacking, both homes offer mirrored floor plans that include two bedrooms and shared full bathroom, a spacious living room, a kitchen with a walk-in pantry, and access to a full basement. Each basement is unfinished but provides excellent potential for storage, workshop, rec room, or future finishing, and includes a second bathroom and laundry area. Each home also includes its own detached one-car garage. Both homes are currently rented at $900 per month, with room for rent increases based on market potential. The property is conveniently located near downtown Ottawa's restaurants, shops, and amenities, with easy access to the interstate for commuters. Whether you're looking to expand your rental portfolio or live in one home while generating income from the other, this riverfront property is a smart, versatile investment with long-term upside.

Last Agent to Sell the Property

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 10/14/2025

Coldwell Banker Real Estate Group

Last Buyer's Agent

Tammy Barry

Homesmart Realty Group IL License #475168055

Homesmart Realty Group IL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,988

Year Built

  • Built in 1942

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 121x130
  • River Front

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Bathroom

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio
  • Property Views

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,988

Year Built

Built in 1942

Lot Details

0.35 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Block
  • Lot Features: Views
  • OtherStructures: None
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront Features: River Front, Waterfront
  • Waterfront: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage, Yes, Garage Owned, Detached, Off Street, Driveway, Owned
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Conversion YN: N

Schools

  • High School: Ottawa Township High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.35
  • Lot Dimensions: 121x130
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4988.1
  • Tax Year: 2024
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s,Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2025
Closed on
Nov 26, 2025
Sold by
Walsh Mary E
Bought by
Lazcano Isidro
Seller's Agent
George Shanley
Coldwell Banker Real Estate Group
Buyer's Agent
Tammy Barry
Homesmart Realty Group IL
List Price
$226,900
Sold Price
$233,000
Premium/Discount to List
$6,100
2.69%
Views
43
Current Estimated Value
$216,680

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,320
Avg. Annual Appreciation
-21.50%
Original Mortgage
$174,750
Outstanding Balance
$174,750
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$41,930
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lazcano Isidro $233,000 Wheatland Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lazcano Isidro $174,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2025 11/26/25 Sold $233,000 +2.7% --
10/17/2025 10/17/25 Pending -- -- --
10/14/2025 10/14/25 For Sale $226,900 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12494766

Midwest Real Estate Data (MRED)

APN: 21-01-309000

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