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Listing provided courtesy of Landmark Realty of Illinois LLCMREDas Distributed by MLSGrid- MLS# 12608726MLS Provider

119 E Superior StreetOttawa, IL 61350

Multi-Family · 4 Beds · 0.17 Acres
$285,000 Active

119 E Superior Street Overview

Time on Site:
46 days
Visits:
0

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!

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119 E Superior Street Facts & Features

  • Type Multi-Family
  • Lot 0.17 Acres

Details

General

School Information

  • School District: 140

Income/Expenses

  • Electric Expense: 499
  • Fuel Expense: 604
  • Gross Income: 41220
  • Insurance Expense: 3480
  • Net Operating Income: 25992
  • Trash Expense: 555
  • Water Sewer Expense: 701

Building Information

  • New Construction: No
  • Year Built: 1895

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Danway / Dayton / Naplate / Ottawa / Prairie Center
  • Township: Ottawa

Tax Information

  • Tax Annual Amount: $3,186.44
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 2111219020
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 4

General Information

  • Basement: Unfinished, Full
  • Foundation Details: Stone
  • Heating: Steam, Indv Controls
  • Rooms Total: 12

Exterior

Parking Information

  • Parking Features: Yes
  • Parking Total: 3

Lot Information

  • Additional Parcels: No
  • Lot Size Acres: 0.17
  • Lot Size Dimensions: 50x150
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: American 4-Sq.
  • Construction Materials: Vinyl Siding
  • Roof: Asphalt

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 850
  • Beds Total: 1
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 850
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 885
  • Beds Total: 1
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 1700
  • Beds Total: 1
  • Baths Total: 1

119 E Superior Street Neighborhood

Community

61350 (Ottawa) Demographics

42
Median Age
151
Population Density (per sq. mile)
32%
College Educated
$59,295
Estimated Median Income
6,890
Estimated Total Home Owners
3,057
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

119 E Superior Street Monthly Cost

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Jeremy Woods
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

119 E Superior Street Market Data

Based on the last 30 days in this zip code

$363,690
Average List Price
$182
Average Price per Square Foot
35
Properties Sold
90
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

119 E Superior Street History

Date Event Value Agent
5/19/2026Source: MRED Status Change
Active
5/14/2026Source: MRED Added to Database
May 14, 2026
12/24/2024Source: MRED Status Change
Closed
11/14/2024Source: MRED Status Change
Contingent
9/10/2024Source: MRED Status Change
Active
9/5/2024Source: MRED Price Reduction
$200,000 -7.0%
9/5/2024Source: MRED Status Change
Price Change
8/12/2024Source: MRED Status Change
Active
8/7/2024Source: MRED Price Reduction
$215,000 -4.4%
8/7/2024Source: MRED Status Change
Price Change
7/31/2024Source: MRED Status Change
Re-activated
5/3/2024Source: MRED Status Change
Contingent
3/18/2024Source: MRED Status Change
Active
3/13/2024Source: MRED Added to Database
March 13, 2024