$320,000

201 24th Ave Ottawa, IL 61350

Estimated payment $2,122/month

Total Views 28
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Deck
  • Ranch Style House
  • Paved or Partially Paved Lot

About This Home

Duplex built in 2023, fully occupied, cash flow under market rents currently at $1300 per unit. Each unit equipped with 925sf, 2 bed, 1 bath, open kitchen/living room concept and everything near new condition. Tenant pays water & electric. Located min from downtown Ottawa and Starved Rock State Park. Another 2 units available next door for same price with additional lots also available for further development.

Listing Agent

Phil Makarewicz

Keller Williams Innovate License #475138878 Listed on: 02/10/2026

Keller Williams Innovate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 2023

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 118x125
  • Paved or Partially Paved Lot

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Available
  • Parking Included in Price
  • Unassigned Parking

Additional Features

  • Deck
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,900
  • Water Sewer Expense $1,800
  • Gross Income $31,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,486

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 2023
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: New
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave

Exterior Features

  • Construction Materials: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Deck
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Parking Features: Unassigned, Yes, Owned
  • ParkingTotal: 8

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved
  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1800

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 118x125
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Insurance Expense: 1900
  • GrossIncome: 31200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Tax Info

  • Tax Annual Amount: 5485.72
  • Tax Year: 2024
  • Tax Exemptions: None

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/10/2026 02/10/26 For Sale $320,000 -- --
Source: Midwest Real Estate Data (MRED)

Source: Midwest Real Estate Data (MRED)

MLS Number: 12565913

Midwest Real Estate Data (MRED)

APN: 21-16-300001