Steven Niemczyk
Door to Door Realty
(779) 256-5447
75 Total Sales
1 in Ottawa
$200,000 Price
621 Chapel St Ottawa, IL 61350
Ottawa Area
7
Beds
4
Baths
--
Sq Ft
0.32
Acre Lot
Highlights
- First Floor Utility Room
- Porch
- Paved or Partially Paved Lot
- Balcony
- Forced Air Heating System
About This Home
As of July 2026ATTENTION INVESTORS! Zoned multi-family this 4 unit with potential for 5th is currently producing 8.7 cap rate with lots of room for improvement whether long term tenants or airbnb. Located in the historic district of Ottawa IL and walking distance of downtown which offers much variety of restaurants and shopping. Many recent improvments including newly renovated unit, new roof, gutters, soffit, fascia, exterior paint, all in 2024-25. 2 units have separate utilites and 2 units share utilties.
Last Agent to Sell the Property
Row House Realty Group LLC License #471023118 Listed on: 01/23/2026
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,290
Year Built
- Built in 1900
Lot Details
- 13,939 Sq Ft Lot
- Lot Dimensions are 180 x 120 x 60x 60x120
- Paved or Partially Paved Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Asphalt Roof
Interior Spaces
- First Floor Utility Room
- Crawl Space
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Potential Bedrooms
- 4 Bathrooms
Outdoor Features
- Balcony
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
Overview
- 4 Units
Building Details
- Insurance Expense $1,279
- Trash Expense $1,800
- Water Sewer Expense $1,800
- Gross Income $43,500
- Net Operating Income $34,331
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
Jan 23, 2026
Closed on
Jul 7, 2026
Sold by
Spl Property Management Llc
Bought by
Seller's Agent
Phil Makarewicz
Row House Realty Group LLC
Buyer's Agent
Nelida Daily
iFind Properties LLC
List Price
$395,000
Sold Price
$310,000
Premium/Discount to List
-$85,000
-21.52%
Views
178
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
100.13%
Purchase Details
Closed on
Dec 18, 2023
Sold by
Lengfelder Karl I
Bought by
Spl Property Management Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,250
Interest Rate
7%
Mortgage Type
Commercial
Purchase Details
Closed on
Aug 18, 2023
Sold by
First State Bank and Land Trust No 374
Bought by
Lengfelder Karl
Purchase Details
Closed on
Nov 30, 2012
Sold by
Lengfelder Karl I
Bought by
First State Bank
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ottawa, IL
-
Steven Niemczyk
-
Haydee Rosas
Haydee Rosas
Coldwell Banker Realty
(708) 905-8427
125 Total Sales
1 in Ottawa
$165,000 Price
-
Doug Carroll
Doug Carroll
RE/MAX 1st Choice
(779) 213-7395
70 Total Sales
51 in Ottawa
$25K - $885K Price Range
-
Jaeh Korwitts
Jaeh Korwitts
Compass
(630) 756-5654
99 Total Sales
1 in Ottawa
$500,000 Price
-
Robin Wilson
Robin Wilson
Homesmart Realty Group IL
(779) 213-5145
35 Total Sales
20 in Ottawa
$132K - $685K Price Range
-
Patty Tallitsch
PT
Patty Tallitsch
Jean Smith Realty
(779) 212-7437
16 Total Sales
1 in Ottawa
$310,000 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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available | |
| Trustee Deed | -- | None Available | |
| Warranty Deed | -- | 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 | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $167,250 | Commercial | |
| Previous Owner | $30,000 | New Conventional |
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 |
|---|---|---|---|---|
| 07/07/2026 07/07/26 | Sold | $310,000 | -13.9% | -- |
| 05/25/2026 05/25/26 | Pending | -- | -- | -- |
| 03/27/2026 03/27/26 | Price Changed | $360,000 | -8.9% | -- |
| 01/23/2026 01/23/26 | For Sale | $395,000 | -- | -- |
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 | $4,179 | $41,660 | $14,129 | $27,531 |
| 2024 | $4,290 | $41,660 | $14,129 | $27,531 |
| 2023 | $4,388 | $41,660 | $14,129 | $27,531 |
| 2022 | $4,196 | $39,302 | $13,329 | $25,973 |
| 2021 | $4,226 | $39,302 | $13,329 | $25,973 |
| 2020 | $3,891 | $36,380 | $13,329 | $23,051 |
| 2019 | $3,984 | $36,009 | $13,193 | $22,816 |
| 2018 | $3,884 | $35,144 | $12,876 | $22,268 |
| 2017 | $3,751 | $34,068 | $12,482 | $21,586 |
| 2016 | $3,603 | $32,607 | $11,947 | $20,660 |
| 2015 | $4,028 | $36,578 | $16,101 | $20,477 |
| 2012 | -- | $39,987 | $17,601 | $22,386 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Makarewicz
Seller's Agent in 2026
Phil Makarewicz
Row House Realty Group LLC
(815) 579-9314
174 Total Sales
-
Nelida Daily
Buyer's Agent in 2026
Nelida Daily
iFind Properties LLC
(847) 809-6983
109 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12551792
APN: 21-12-138003
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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