This solid brick duplex at the end of a quiet dead-end street on Ottawa's south side is a rare turnkey find for an investor or an owner-occupant looking to supplemant their mortgage. Both units have been remodeled with a functional two-bedroom, 1.5-bath layout, bridging the gap between historic character and modern rental demands. Recent updates provide immediate move-in readiness and long-term mechanical peace of mind. The property sits on a lot with a large backyard while featuring a brand-new back deck, offering the kind of private outdoor space that significantly increases tenant retention. Tucked away from through-traffic yet close to local amenities, this duplex is a high-utility asset ready for immediate occupancy.
Active
Price cut: $13.5K (7/27)
$269,000
702 4th Ave, Ottawa, IL 61350
4beds
--sqft
Multi Family
Built in 1920
-- sqft lot
$254,000 Zestimate®
$--/sqft
$-- HOA
What's special
Solid brick duplexLarge backyardPrivate outdoor spaceTucked away from through-trafficBrand-new back deck
- 159 days |
- 401 |
- 28 |
Zillow last checked:
Listing updated:
Listed by:
Douglas Carroll 815-326-9273,
RE/MAX 1st Choice
Source: MRED as distributed by MLS GRID,MLS#: 12597512
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air
Features
- Basement: Finished,Daylight
Property
Parking
- Total spaces: 4
- Parking features: Off Street, Yes
Lot
- Size: 7,202 Square Feet
- Dimensions: 67x107.5
Details
- Parcel number: 2213127005
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1920
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Ottawa
Financial & listing details
- Tax assessed value: $182,922
- Annual tax amount: $6,303
- Date on market: 3/20/2026
- Ownership: Fee Simple
Estimated market value
$254,000
$241,000 - $267,000
$1,281/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/27/2026 | Price change | $269,000-4.8% |
Source:  MRED as distributed by MLS GRID #12597512 Report a problem | ||
| 3/20/2026 | Listed for sale | $282,500 |
Source: MRED as distributed by MLS GRID #12597512 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $6,303 +6.4% | $60,974 +8.7% |
| 2023 | $5,923 +8.2% | $56,073 +9.5% |
| 2022 | $5,475 +6% | $51,194 +6.7% |
| 2021 | $5,166 | $47,998 +4.9% |
| 2020 | -- | $45,765 +3.1% |
| 2019 | $4,912 | $44,389 +2.6% |
| 2018 | $4,912 +10.5% | $43,256 +7.2% |
| 2017 | $4,444 -1.5% | $40,355 -1.1% |
| 2016 | $4,510 | $40,807 +4.5% |
| 2015 | $4,510 +15.1% | $39,054 -1.9% |
| 2012 | $3,920 | $39,814 -5.4% |
| 2011 | -- | $42,096 -5.3% |
| 2010 | -- | $44,438 |
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.Climate risks
Neighborhood: 61350
Nearby schools
GreatSchools rating
- 7/10Mckinley Elementary SchoolGrades: PK-4Distance: 0.7 mi
- 4/10Shepherd Middle SchoolGrades: 7-8Distance: 0.8 mi
- 3/10Ottawa Township High SchoolGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- High: Ottawa Township High School
- 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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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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