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  • $285,000

    119 E Superior St, Ottawa, IL 61350

    4beds
    --sqft
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    Multi Family
    Built in 1895
    -- sqft lot
    $274,700 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Individual heating controlsUpdated interiors
    Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking distance to shopping, restaurants, and everyday amenities. This solid income-producing property generates approximately $41,000 annually in gross rental income, with all four units currently rented at $850 per month. Three of the four units were extensively remodeled in 2025, offering updated interiors that appeal to tenants and help minimize future maintenance costs. Each unit includes its own refrigerator, stove, window A/C unit, and individual heating controls for added tenant comfort and efficiency. Tenants pay their own gas and electric utilities, helping keep owner expenses low. Major exterior and mechanical updates include a new roof in 2016, new siding in 2020, a new blacktop driveway in 2025, two new water heaters installed in 2025, and a boiler pump replaced in 2025. Strong cash-flow opportunity with numerous recent improvements already completed. Whether you are expanding your portfolio or looking for a reliable turnkey investment, this Ottawa multi-unit property is one to see!
    66 days
    |
    178
    |
    7
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Janelle McCarter 815-252-7283,

    Landmark Realty of Illinois LLC

    Source: MRED as distributed by MLS GRID,MLS#: 12608726MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      • Full bathrooms: 4
      Heating
      • Steam, Indv Controls
      Features
      • Basement: Unfinished,Full

      Property

      Parking
      • Total spaces: 3
      • Parking features: Yes
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: 50x150
      Details
      • Parcel number: 2111219020
      • Zoning: MULTI
      • Special conditions: None

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: American 4-Sq.
      • Property subtype: Multi Family
      Materials
      • Vinyl Siding
      • Foundation: Stone
      • Roof: Asphalt
      Condition
      • New construction: No
      • Year built: 1895
      • Major remodel year: 2025

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Ottawa

      Financial & listing details

      • Tax assessed value: $92,820
      • Annual tax amount: $3,186
      • Date on market: 5/14/2026
      • Ownership: Fee Simple

        Estimated market value

        $274,700

        $261,000 - $288,000

        $1,375/mo

        Price history

        DateEventPrice
        5/14/2026Listed for sale$285,000+42.5%
        Source: MRED as distributed by MLS GRID #12608726 Report a problem
        12/23/2024Sold$200,000
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        11/15/2024Contingent$200,000
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        9/5/2024Price change$200,000-7%
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        8/7/2024Price change$215,000-4.4%
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        7/31/2024Listed for sale$225,000
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        5/3/2024Contingent$225,000
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        3/13/2024Listed for sale$225,000+87.5%
        Source: MRED as distributed by MLS GRID #12003169 Report a problem
        2/4/2021Sold$120,000-11.1%
        Source: Public Record Report a problem
        7/1/2018Listing removed$135,000
        Source: CENTURY 21 Windsor Realty #07659951 Report a problem
        12/19/2016Price change$135,000-6.9%
        Source: CENTURY 21 Windsor Realty #07659951 Report a problem
        6/28/2016Price change$145,000-3.3%
        Source: CENTURY 21 Windsor Realty #07659951 Report a problem
        6/30/2015Listed for sale$149,900-6%
        Source: Century 21 Windsor Realty #07659951 Report a problem
        5/1/2015Listing removed$159,500
        Source: Century 21 Windsor Realty #07659951 Report a problem
        10/25/2014Listed for sale$159,500
        Source: Century 21 Windsor Realty #07659951 Report a problem
        9/4/2014Listing removed$159,500
        Source: CENTURY 21 Windsor Realty #07659951 Report a problem
        8/8/2013Listed for sale$159,500-1.5%
        Source: Century 21 Windsor Realty #07659951 Report a problem
        1/6/2006Sold$162,000
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$3,186 -2.2%$30,940
        2023$3,259 +4.6%$30,940 +6%
        2022$3,116 -0.7%$29,188
        2021$3,138 $29,188
        2020-- $29,188
        2019$3,229 $29,188
        2018$3,229 +0.5%$29,188
        2017$3,214 -0.4%$29,188
        2016$3,226 $29,188
        2015$3,226 +5.5%$29,188 -8.5%
        2012$3,058 $31,909 -6.3%
        2011-- $34,043 -7.4%
        2010-- $36,744
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 61350

        Getting around

        88 / 100
        Very Walkable
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: 141

        Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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