$208,000
$7K PRICE DROP

718 W Jackson St Ottawa, IL 61350

Estimated payment $1,346/month

Total Views 10,831
5 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Balcony
  • Forced Air Heating System
  • 1-minute walk to Rigden Park
  • Porch

About This Home

Amazing Investment Opportunity in the Heart of Ottawa, IL! Don't miss this rare chance to own this two-unit duplex just minutes from charming downtown Ottawa. With 2,680 sq ft of total living space, this property offers both immediate rental income and long-term potential. Each unit features its own covered porch balcony, perfect for relaxing or entertaining. A detached 2-car garage and carport provide plenty of parking and storage. The building sits on a spacious lot and offers classic charm with practical features. Both units are currently occupied by long-term tenants who wish to stay, making this a truly turnkey investment-just take over and start collecting rent! Whether you're a seasoned investor or just starting out, this property checks all the boxes. Schedule your showing today and secure your next income-generating asset!

Listing Agent

Cara Boren

Crosstown Realtors, Inc. License #471020764 Listed on: 06/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,850

Year Built

  • Built in 1900

Parking

  • 2 Car Garage

Home Design

  • Asphalt Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Balcony
  • Porch

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Partial Basement
  • Lot Dimensions are 32x110

Community Details

  • 2 Units
  • Gross Income $22,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,850

Year Built

Built in 1900

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Unfinished, Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Walk-In Closet

Exterior Features

  • Construction Materials: Vinyl Siding
  • ExteriorFeatures: Balcony
  • List Price: 208000
  • Patio And Porch Features: Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Carport, On Site, Detached, Garage
  • ParkingTotal: 4

Utilities

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

Schools

  • High School: Ottawa Township High School
  • Middle/Junior School District: 141

Lot Info

  • Lot Dimensions: 32X110
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10

Multi Family

  • GrossIncome: 22200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 2850
  • Tax Year: 2023

Map

Range of Values:

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Sold Price
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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 $3,114 $30,236 $3,260 $26,976
2023 $2,850 $27,062 $2,918 $24,144
2022 $2,622 $24,561 $3,925 $20,636
2021 $2,475 $23,021 $3,679 $19,342
2020 $2,339 $21,869 $3,495 $18,374
2019 $2,395 $21,646 $3,459 $18,187
2018 $2,335 $21,126 $3,376 $17,750
2017 $2,255 $20,479 $3,273 $17,206
2016 $2,166 $19,601 $3,133 $16,468
2015 $1,978 $17,965 $2,989 $14,976
2012 -- $19,639 $3,268 $16,371
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 Price Changed $208,000 -0.5% --
07/14/2025 07/14/25 Price Changed $209,000 -0.5% --
06/26/2025 06/26/25 Price Changed $210,000 -2.3% --
06/02/2025 06/02/25 For Sale $215,000 +83.0% --
04/13/2022 04/13/22 Sold $117,500 -16.0% --
03/05/2022 03/05/22 Pending -- -- --
11/06/2021 11/06/21 For Sale $139,900 -- --
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- Liberty Title & Escrow Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $84,000 New Conventional
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12381880

Midwest Real Estate Data (MRED)

APN: 21-11-129008