702 E Joliet St Ottawa, IL 61350
Estimated payment $1,397/month
About This Home
Turn-Key Income Property - 702 E Joliet St, Ottawa Looking for a true set-it-and-collect-rent investment? This fully leased duplex delivers immediate cash flow at $2,200/month with tenants covering all utilities except water & garbage - keeping ownership simple and predictable. Both spacious 2-bedroom units include their own refrigerator, stove, washer & dryer, making them highly desirable to renters and easy to keep occupied. The property has been consistently maintained and features a solid 10-year-old roof, vinyl siding, full basement, fenced yard, and detached 2-car garage - valuable amenities that support long-term tenancy and reduce turnover. * Main Level: 5-room, 2-bedroom unit * Upper Level: 6-room, 2-bedroom unit Whether you're expanding your portfolio or buying your first rental, this is a dependable, low-maintenance property already performing from day one. Buy today - earn tomorrow.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,643
Year Built
- Built in 1912 | Remodeled in 2025
Parking
- 2 Car Detached Garage
- Parking Available
Home Design
- Vinyl Siding
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Partial Basement
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 2 Bathrooms
Schools
- Ottawa Township High School
Additional Features
- Lot Dimensions are 44x132
- Heating System Uses Natural Gas
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 | $4,643 | $45,083 | $5,519 | $39,564 |
| 2023 | $4,250 | $40,350 | $4,940 | $35,410 |
| 2022 | $3,910 | $36,622 | $5,401 | $31,221 |
| 2021 | $3,691 | $34,325 | $5,062 | $29,263 |
| 2020 | $3,488 | $32,607 | $4,809 | $27,798 |
| 2019 | $3,571 | $32,275 | $4,760 | $27,515 |
| 2018 | $3,507 | $31,500 | $4,646 | $26,854 |
| 2017 | $3,362 | $30,535 | $4,504 | $26,031 |
| 2016 | $3,230 | $29,226 | $4,311 | $24,915 |
| 2015 | $3,070 | $27,879 | $4,112 | $23,767 |
| 2012 | -- | $30,478 | $4,495 | $25,983 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/16/2026 02/16/26 | For Sale | $194,428 | +34.1% | -- | |
| 06/16/2025 06/16/25 | Sold | $145,000 | -3.3% | -- | View Prior Sale |
| 05/06/2025 05/06/25 | Pending | -- | -- | -- | |
| 04/28/2025 04/28/25 | For Sale | $149,900 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12569944
APN: 21-01-306009
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