Closed

$180,000

Favorite

3,000

square ft

654 Webster Street

Ottawa, Illinois 61350

Closed / MLS #11299240 / Multiple Family / Ottawa

Listing information updated 3/31/2022 at 12:03pm

ATTENTION INVESTORS!!! 8 unit multifamily investment located within walking distance to Ottawa's downtown shopping, restaurants and grocery story. 7 occupied units with 8th unit currently undeveloped for a total 3.89 GRM and a CapRate of 20.8. Month to month rents with some long term leases. Some electrical, plumbing updates over the years, roof approx. within 10years old. Very profitable property for any portfolio whether first time investor or seasoned. Call today to schedule your private showing!

Full Features

Basement:

Unfinished

Water Front:

Square Feet:

3,000

Built:

1886

Parking Spaces:

Cooling System:

Wall Sleeve

Stories:

Roof:

Composition

Current Use:

Multi-Family

Zoning:

COMMR

Building Square Feet:

3,000

Current Net Income:

$37,000

Unit 1:

4 room(s) / 2 bed(s) / 1 bath(s)

Unit 2:

2 room(s) / 1 bed(s) / 1 bath(s)

Unit 3:

2 room(s) / 1 bed(s) / 1 bath(s)

Unit 4:

3 room(s) / 1 bed(s) / 1 bath(s)

Unit 5:

2 room(s) / 1 bed(s) / 1 bath(s)

Unit 7:

2 room(s) / 1 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:

$3,302

Tax Year:

2020

Location

Zip Code:

61350

City:

Ottawa

County:

La Salle

Listing Office: RE/MAX 1st Choice

Listing Office Phone: 815.434.3337

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 3/31/2022 at 12:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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654 Webster Street is a multiple family which sold for $180,000. This multiple family has been listed on @properties since January 6th, 2022 and was built in 1886.