$282,500

702 4th Ave Ottawa, IL 61350

Estimated payment $2,035/month

Total Views 3,177
4 Beds
4 Baths
-- Sq Ft
-- Price per Sq Ft

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.

Listing Agent

Doug Carroll

RE/MAX 1st Choice Listed on: 03/20/2026

RE/MAX 1st Choice

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,303

Year Built

Built in 1920 | Remodeled in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1920
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2025
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2025

Interior Features

  • Basement: Finished, Daylight
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Central Air Conditioner,Laundry Hook-Up

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: Off Street, Yes
  • ParkingTotal: 4

Utilities

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

Schools

  • High School: Ottawa Township High School

Lot Info

  • Lot Dimensions: 67x107.5
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5

Tax Info

  • Tax Annual Amount: 6303
  • Tax Year: 2024

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2026 03/20/26 For Sale $282,500 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $107,880 New Conventional
Source: Public Records

About the Listing Agent

Doug Carroll

RE/MAX 1st Choice

(815) 542-2098

Section Image

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

Doug's Other Listings

  • 524 E Van Buren St, Ottawa, IL 61350

    $1,600,000

    • 4 Beds
    • 6.5 Baths
    • 5,931 Sq Ft
    • 524 E Van Buren St
    • Ottawa, IL

    Welcome to one of the finest properties in Northern Illinois! Nestled amidst the tranquil beauty of the Illinois River Valley, this exceptional property epitomizes luxury living. Boasting 4 bedrooms, 6.5 bathrooms, and sprawling across 6,000 square feet, this magnificent home offers unparalleled comfort and privacy. Situated on 1.51 wooded acres, it provides a serene escape while being

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 1187 Catherine St, Ottawa, IL 61350

    $125,000 Pending

    • 2 Beds
    • 1 Bath
    • 850 Sq Ft
    • 1187 Catherine St
    • Ottawa, IL

    Well-maintained and move-in ready, this 2 bedroom, 1 bath ranch on Ottawa's south side offers an affordable path to homeownership or a strong addition to an investment portfolio. The home features durable vinyl plank flooring, a comfortable living space, and a practical layout with a kitchen, dining room, and a dedicated laundry/utility area. The detached 1-car garage adds storage, while the

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 1001 Marcy St, Ottawa, IL 61350

    $89,500 Pending

    • 3 Beds
    • 1 Bath
    • 1,198 Sq Ft
    • 1001 Marcy St
    • Ottawa, IL

    Opportunity on Ottawa's south side. This 3 bedroom, 1 bath home offers a strong layout and the kind of upside buyers are looking for. Hardwood floors are already in place in two bedrooms and may be under additional flooring. A large den with a fireplace adds extra living space. The galley kitchen has space for a table and is ready for updating to fit your style. The yard offers enough space to

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 1123 Country Oak Dr, Ottawa, IL 61350

    $579,000

    • 4 Beds
    • 4 Baths
    • 2,846 Sq Ft
    • 1123 Country Oak Dr
    • Ottawa, IL

    This home was built for people who like to live well and gather often. With more than 4,000 square feet of finished living space-including a finished basement designed for fun-it offers room to spread out without ever feeling disconnected. One of the first things you notice is the living room: tall, airy ceilings that pull in the daylight and a fireplace that anchors the entire space. The kitchen

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 1415 Dairy Ln, Ottawa, IL 61350

    $355,000 Pending

    • 3 Beds
    • 2.5 Baths
    • 1,808 Sq Ft
    • 1415 Dairy Ln
    • Ottawa, IL

    Located on Ottawa's south side, this meticulously maintained 3-bedroom, 2.5-bath home reflects consistent care and thoughtful updates throughout. The interior is bright and freshly painted, with clean lines and a well-balanced layout. The large primary bedroom features direct access to a shared bathroom, and the secondary bedrooms are generously sized. The updated kitchen boasts an island,

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 0000 N 2753rd Rd, Ottawa, IL 61350

    $1,136,400

    • Land
    • 56.82 Acres
    • $20,000 per Acre
    • 0000 N 2753rd Rd
    • Ottawa, IL

    Discover an exceptional opportunity with this 51-acre parcel located adjacent to the historic I&M Canal. Zoned for industrial use and located I the Canal TIF, this versatile property offers a rare blend of development potential and natural beauty, making it ideal for a wide range of possibilities. Whether you're envisioning an industrial use or a unique recreational destination such as a

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 2707 Columbus St, Ottawa, IL 61350

    $85,000

    • Land
    • 1.12 Acres
    • $75,893 per Acre
    • 2707 Columbus St
    • Ottawa, IL

    Discover a versatile opportunity with this 1.12-acre property comprised of two adjoining parcels offering both commercial and residential potential. Whether you're a developer, investor, or business owner, this unique setup presents exceptional value and flexibility in a high-visibility area. Parcel 1, C-3 Commercial Zoned (.52 acres), is positioned with future direct access off Route 23

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • 0000 Caleb Dr, Ottawa, IL 61350

    $444,800

    • Land
    • 3.9 Acres
    • $114,051 per Acre
    • 0000 Caleb Dr
    • Ottawa, IL

    Now available, the remaining 32 units of Amber Woods Planned Unit Development. This is a prime development opportunity located on the north side of Ottawa, offering an exceptional opportunity for developers. With approval already in place, you can hit the ground running and finish the remaining 32 residential units. Situated within Wallace School District, the property is conveniently close to

    Doug Carroll RE/MAX 1st Choice

    Section Image
  • Lots 2 and 3 E Etna Rd, Ottawa, IL 61350

    $179,000

    • Land
    • 1.42 Acres
    • $126,056 per Acre
    • Lots 2 and 3 E Etna Rd
    • Ottawa, IL

    Don't miss this opportunity to secure prime commercial land. With its strategic location close to I-80 and governmental facilities, generous size, and potential, this property is your gateway to success. A location near the LaSalle County Governmental Complex adds an extra layer of appeal. Businesses catering to government agencies or seeking to engage in public-private partnerships will find

    Doug Carroll RE/MAX 1st Choice

    Section Image

Source: Midwest Real Estate Data (MRED)

MLS Number: 12597512

Midwest Real Estate Data (MRED)

APN: 22-13-127005

Your Personal Tour Guide

Ask me questions while you tour the home.