408 Houston St Ottawa, IL 61350

Located on Ottawa's desirable south side, this unique 4-unit investment property sits on 5 lots and offers a rare combination of historic charm, modern updates, and excellent income potential. With an attached 2-car garage, additional storage, and architectural details throughout, this property stands out as both a functional investment and a beautifully maintained piece of history. Unit 1 is a spacious 2-bedroom, 1-bathroom with a welcoming foyer, living room with decorative fireplace, enclosed porch, sliding doors to the yard, eat-in kitchen, full bathroom with tub/shower combo, and hardwood floors throughout. It also offers direct garage access and generous storage space. Unit 2 is a charming 1-bedroom, 1-bathroom featuring a bright living room with hardwood floors, kitchen with new counters, full bathroom with tub/shower combo, and a bedroom highlighted by a bay window and multiple closets. Unit 3, located on the second level, includes 2 bedrooms and 1 full bathroom, a living room with decorative fireplace and hardwood floors, an open and updated kitchen, and bedrooms with hardwood flooring. The bathroom has been refreshed with a new tub/shower combo. Unit 4, also upstairs, offers a welcoming foyer, updated kitchen with new sink and countertops, living room, bedroom, and full bathroom-all with hardwood floors and plenty of charm. Additional features include a spacious unfinished attic for storage, updated insulation and electrical (2021), and a basement with even more storage, a laundry room with new Speed Queen washer and dryer, an office space with fireplace, and 5 separate electric boxes (one for each unit plus one for the common areas). The property also has a rented water softener system. Other updates include new roof and siding (2017), landscaping (2017). Historic details are found throughout the home, including original stained glass and archways, while modern updates provide peace of mind. The attached garage includes a workshop, new garage doors and openers, and the gutters are fitted with gutter guards. Tenants pay electric, while the owner covers water and gas. With a mix of updates, character, and practical amenities, this multi-unit property is a rare investment opportunity in a sought-after location.