718 Arch St Ottawa, IL 61350
Estimated payment $2,413/month
Highlights
- 4 Car Detached Garage
- Forced Air Heating System
- Heating System Uses Steam
About This Home
718 Arch St in Ottawa, IL offers a unique multi-unit investment opportunity with four total units split between two separate buildings, plus a spacious 4-car detached garage. Each building contains two units, providing flexibility for rental income or owner occupancy. The layout allows for multiple income streams and reduced vacancy risk, making it an excellent choice for investors seeking strong cash flow potential. Conveniently located near local amenities and major routes, this property combines functionality, versatility, and long-term earning potential in one attractive package.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,147
Year Built
- Built in 1941
Parking
- 4 Car Detached Garage
- Parking Available
Home Design
- Vinyl Siding
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 4 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Steam
- Heating System Uses Natural Gas
Additional Features
- Basement Fills Entire Space Under The House
- Lot Dimensions are 63 x 304
Community Details
- 4 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 | $7,147 | $69,139 | $13,537 | $55,602 |
| 2023 | $6,716 | $63,582 | $12,449 | $51,133 |
| 2022 | $6,208 | $58,050 | $8,420 | $49,630 |
| 2021 | $5,857 | $54,425 | $7,894 | $46,531 |
| 2020 | $5,555 | $51,893 | $7,527 | $44,366 |
| 2019 | $5,570 | $50,333 | $7,301 | $43,032 |
| 2018 | $7,296 | $65,493 | $7,115 | $58,378 |
| 2017 | $7,056 | $64,070 | $6,960 | $57,110 |
| 2016 | $6,829 | $61,784 | $6,712 | $55,072 |
| 2015 | $6,516 | $59,130 | $6,424 | $52,706 |
| 2012 | -- | $60,283 | $6,550 | $53,733 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/08/2026 01/08/26 | Price Changed | $349,999 | -23.9% | -- |
| 10/13/2025 10/13/25 | For Sale | $460,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $65,100 | First American Titel | |
| Foreclosure Deed | -- | None Available | |
| Warranty Deed | -- | Stewart Title Comapny | |
| Warranty Deed | $198,500 | First American Title |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12493849
APN: 22-13-308014
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