ATTENTION INVESTORS! Zoned multi-family this 4 unit with potential for 5th is currently producing 8.7 cap rate with lots of room for improvement whether long term tenants or airbnb. Located in the historic district of Ottawa IL and walking distance of downtown which offers much variety of restaurants and shopping. Many recent improvments including newly renovated unit, new roof, gutters, soffit, fascia, exterior paint, all in 2024-25. 2 units have separate utilites and 2 units share utilties.
Closed
$310,000
621 Chapel St, Ottawa, IL 61350
7beds
--sqft
Multi Family
Built in 1900
-- sqft lot
$334,500 Zestimate®
$--/sqft
$1,317 Estimated rent
Home value
$334,500
$318,000 - $351,000
$1,317/mo
Zestimate® history
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Newly renovated unitExterior paintNew roof
Zillow last checked:
Listing updated:
Listing courtesy of:
Phil Makarewicz 815-579-9314,
Keller Williams Innovate
Bought with:
Nelida Daily
iFind Properties LLC
Source: MRED as distributed by MLS GRID,MLS#: 12551792
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Natural Gas, Forced Air
Features
- Basement: Crawl Space
Property
Features
- Patio & porch: Porch
- Exterior features: Balcony
Lot
- Size: 0.32 Acres
- Dimensions: 180 X 120 X 60X 60X120
Details
- Parcel number: 2112138003
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Roof: Asphalt,Flat
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Community
- Community features: Sidewalks, Street Paved
Location
- Region: Ottawa
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 7/7/2026 | Sold | $310,000-13.9% |
Source:  MRED as distributed by MLS GRID #12551792 Report a problem | ||
| 5/26/2026 | Contingent | $360,000 |
Source: MRED as distributed by MLS GRID #12551792 Report a problem | ||
| 3/27/2026 | Price change | $360,000-8.9% |
Source: MRED as distributed by MLS GRID #12551792 Report a problem | ||
| 1/23/2026 | Listed for sale | $395,000+88.2% |
Source: MRED as distributed by MLS GRID #12551792 Report a problem | ||
| 9/30/2022 | Listing removed | -- |
Source: MRED as distributed by MLS GRID #11363766 Report a problem | ||
| 7/27/2022 | Price change | $209,900-2.4% |
Source: MRED as distributed by MLS GRID #11363766 Report a problem | ||
| 4/2/2022 | Listed for sale | $215,000-4.4% |
Source: MRED as distributed by MLS GRID #11363766 Report a problem | ||
| 1/4/2022 | Listing removed | -- |
Source:  RE/MAX International Report a problem | ||
| 12/29/2021 | Pending sale | $225,000 |
Source: RE/MAX International #11148194 Report a problem | ||
| 12/29/2021 | Contingent | $225,000 |
Source: MRED as distributed by MLS GRID #11148194 Report a problem | ||
| 7/8/2021 | Listed for sale | $225,000 |
Source: RE/MAX International #11148194 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $4,290 -2.2% | $41,660 |
| 2023 | $4,388 +4.6% | $41,660 +6% |
| 2022 | $4,196 -1.4% | $39,302 |
| 2021 | $4,258 | $39,302 +8% |
| 2020 | -- | $36,380 +1% |
| 2019 | $3,984 | $36,009 +2.5% |
| 2018 | $3,984 +6.2% | $35,144 +3.2% |
| 2017 | $3,751 +4.1% | $34,068 +4.5% |
| 2016 | $3,603 | $32,607 -10.9% |
| 2015 | $3,603 -6% | $36,578 -8.5% |
| 2012 | $3,832 | $39,987 -6.3% |
| 2011 | -- | $42,661 -17.7% |
| 2010 | -- | $51,827 |
Find assessor info on the county website
Neighborhood: 61350
Nearby schools
GreatSchools rating
- 4/10Jefferson Elementary SchoolGrades: PK-4Distance: 0.8 mi
- 4/10Shepherd Middle SchoolGrades: 7-8Distance: 1.7 mi
- 3/10Ottawa Township High SchoolGrades: 9-12Distance: 0.4 mi
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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$341,190
- Illinois
- La Salle County
- Ottawa
- 61350
- 621 Chapel St
Nearby cities
Nearby zip codes
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