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Listed by George Shanleyof Coldwell Banker Real Estate Group
$226,900
Est. payment /mo
2 Beds
0.35 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12494766
Style Ranch
Bedrooms 2
Year Built 1942
Annual Tax Amount $4,988
Tax Year 2024
Lot Size 0.350 Acres
Lot Dimensions 121x130
Property Sub-Type Two to Four Units
Property Description
Two homes on one riverfront lot! A rare investment opportunity awaits with this unique property featuring two well-maintained 2-bedroom, 2-bathroom ranch homes on a riverfront lot. Ideal for investors, related living, or house hacking, both homes offer mirrored floor plans that include two bedrooms and shared full bathroom, a spacious living room, a kitchen with a walk-in pantry, and access to a full basement. Each basement is unfinished but provides excellent potential for storage, workshop, rec room, or future finishing, and includes a second bathroom and laundry area. Each home also includes its own detached one-car garage. Both homes are currently rented at $900 per month, with room for rent increases based on market potential. The property is conveniently located near downtown Ottawa's restaurants, shops, and amenities, with easy access to the interstate for commuters. Whether you're looking to expand your rental portfolio or live in one home while generating income from the other, this riverfront property is a smart, versatile investment with long-term upside.
Location
State IL
County Lasalle
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Asphalt
Building
Lot Description Views
Foundation Block
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
New Construction false
Schools
High Schools Ottawa Township High School
School District 141, 141, 140
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info

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