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$310,000
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Property Description
ATTENTION INVESTORS! Zoned multi-family this 4 unit with potential for 5th is currently producing 8.7 cap rate with lots of room for improvement whether long term tenants or airbnb. Located in the historic district of Ottawa IL and walking distance of downtown which offers much variety of restaurants and shopping. Many recent improvments including newly renovated unit, new roof, gutters, soffit, fascia, exterior paint, all in 2024-25. 2 units have separate utilites and 2 units share utilties.
Full Property Details
Full Property Details for 621 Chapel St
General
- Sold For: $310,000
- Taxes: $4,290 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12551792
- Added to Site: 169 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 7
Additional Information
- Other Features: Historical District
Exterior
- Exterior Features: Balcony
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Center
- County: LaSalle
- Driving Directions: From East Main St go North on York St. Turn East ( right ) on Chapel St.
School Information
- School District: 141
- Midd School District: 141
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Water: Public
Structural Information
- Architectural Style: Other
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Crawl Space
- Roof: Asphalt, Flat
- Year Built: 1900
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size (Acres): 0.32
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 180 x 120 x 60 x 60 x 120
Financial Considerations
- Assessment Year: 1900
- Tax Amount: $4,290
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2112138003
Listed by Keller Williams Innovate
Sold by iFind Properties LLC
Get Pre-Approved Today
Schools
Schools serving 621 Chapel St
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Ottawa, IL 1709 Columbus Street, Ottawa, IL 61350 | K-4 | 0.8 mi |
Shepherd Middle School, Ottawa, IL 701 East McKinley Road, Ottawa, IL 61350 | 7-8 | 1.7 mi |
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 621 Chapel St
Date
Details
Price
Change
Source
7/07/2026
Sold
$310,000
-13.89%
MLS
3/27/2026
Price Reduced
$360,000
-8.86%
MLS
1/23/2026
Listed
$395,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
621 Chapel Street, Ottawa, IL 61350 (MLS# 12551792) is a Multi-Family property that was sold at $310,000 on July 07, 2026. Want to learn more about 621 Chapel Street? Do you have questions about finding other Multi-Family real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.

