Cindie Hunt
Advantage Realty, Inc.
(815) 200-8913
60 Total Sales
4 in Ottawa
$90K - $155K Price Range
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 Gorup 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
Closed on
Dec 18, 2023
Sold by
Bought by
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
Outstanding Balance
$93,668
Interest Rate
7%
Mortgage Type
Commercial
Estimated Equity
$276,056
Purchase Details
Closed on
Aug 18, 2023
Sold by
Bought by
Purchase Details
Closed on
Nov 30, 2012
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Ottawa, IL
-
Cindie Hunt
-
Shawn Hornsby
Shawn Hornsby
Century 21 Coleman-Hornsby
(844) 723-8191
126 Total Sales
1 in Ottawa
$171,000 Price
-
Tom Wawczak
Tom Wawczak
Century 21 Coleman-Hornsby
(815) 524-0163
287 Total Sales
5 in Ottawa
$90K - $188K Price Range
-
Danielle Tully
Danielle Tully
eXp Realty
(331) 258-3874
23 Total Sales
2 in Ottawa
$149K - $267K Price Range
-
Izzy Corona
Izzy Corona
Responds QuicklyPremiere Realty Group Inc
(331) 258-8080
89 Total Sales
3 in Ottawa
$48K - $245K Price Range
-
Tamika Marks
Tamika Marks
Trademarks & Associates
(888) 589-1720
261 Total Sales
1 in Ottawa
$75,000 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 Gorup LLC
(815) 579-9314
178 Total Sales
-
Nelida Daily
Buyer's Agent in 2026
Nelida Daily
iFind Properties LLC
(847) 809-6983
116 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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