702 4th Ave Ottawa, IL 61350
Estimated payment $2,035/month
About This Home
This solid brick duplex at the end of a quiet dead-end street on Ottawa's south side is a rare turnkey find for an investor or an owner-occupant looking to supplemant their mortgage. Both units have been remodeled with a functional two-bedroom, 1.5-bath layout, bridging the gap between historic character and modern rental demands. Recent updates provide immediate move-in readiness and long-term mechanical peace of mind. The property sits on a lot with a large backyard while featuring a brand-new back deck, offering the kind of private outdoor space that significantly increases tenant retention. Tucked away from through-traffic yet close to local amenities, this duplex is a high-utility asset ready for immediate occupancy.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,303
Year Built
- Built in 1920 | Remodeled in 2025
Home Design
- Duplex
- Brick Exterior Construction
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Bathrooms
Parking
- 4 Parking Spaces
- Parking Available
- Off-Street Parking
Schools
- Ottawa Township High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Additional Features
- Natural lighting in basement
- Lot Dimensions are 67x107.5
Community Details
- 2 Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 |
|---|---|---|---|---|
| 2024 | $6,303 | $60,974 | $6,432 | $54,542 |
| 2023 | $5,923 | $56,073 | $5,915 | $50,158 |
| 2022 | $5,475 | $51,194 | $3,720 | $47,474 |
| 2021 | $5,166 | $47,998 | $3,488 | $44,510 |
| 2020 | $4,899 | $45,765 | $3,326 | $42,439 |
| 2019 | $4,912 | $44,389 | $3,226 | $41,163 |
| 2018 | $4,783 | $43,256 | $3,144 | $40,112 |
| 2017 | $4,444 | $40,355 | $3,076 | $37,279 |
| 2016 | $4,510 | $40,807 | $2,966 | $37,841 |
| 2015 | $2,152 | $39,054 | $2,839 | $36,215 |
| 2012 | -- | $39,814 | $2,894 | $36,920 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/20/2026 03/20/26 | For Sale | $282,500 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $107,880 | New Conventional |
About the Listing Agent
Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped me build a remarkable track record of delivering results. Nothing is more exciting to me than the gratifying feeling I get from helping people meet their real estate needs. You can count on me to always do
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MLS Number: 12597512
APN: 22-13-127005
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Ask me questions while you tour the home.