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$282,500 Just Listed
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Property Description
This solid brick duplex at the end of a quiet dead-end street on Ottawa's south side is a rare turnkey find for an investor or an owner-occupant looking to supplemant their mortgage. Both units have been remodeled with a functional two-bedroom, 1.5-bath layout, bridging the gap between historic character and modern rental demands. Recent updates provide immediate move-in readiness and long-term mechanical peace of mind. The property sits on a lot with a large backyard while featuring a brand-new back deck, offering the kind of private outdoor space that significantly increases tenant retention. Tucked away from through-traffic yet close to local amenities, this duplex is a high-utility asset ready for immediate occupancy.
Full Property Details
Full Property Details for 702 4th Ave
General
- Price: $282,500
- Taxes: $6,303 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12597512
- Updated: Today (3/20/2026)
- Added to Site: Today
Interior
- Basement: Finished, D
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: Off-Street, Yes
Location
- Area: Ottawa
- County: LaSalle
- Township: South Ottawa
- Driving Directions: IL 23 to Glover, east on Glover to 4th Ave., south on 4th ave.
School Information
- School District: 141
- Elem School District: 141
- Midd School District: 141
- High School District: 140
- High School: Ottawa Township High School
- Private School: Ottawa Township High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Basement: Yes
- Basement Desc.: Finished, Daylight
- Year Built: 1920
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 67 x 107.5
Financial Considerations
- Assessment Year: 1920
- Tax Amount: $6,303
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2213127005
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Schools
Schools serving 702 4th Ave
| Name | Grades | Distance |
|---|---|---|
Mckinley Elementary School, Ottawa, IL 1320 State Street, Ottawa, IL 61350 | K-4 | 0.7 mi |
Shepherd Middle School, Ottawa, IL 701 East McKinley Road, Ottawa, IL 61350 | 7-8 | 0.8 mi |
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.8 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 702 4th Ave
Date
Details
Price
Change
Source
3/20/2026
Listed
$282,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 702 4th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,303
6%
$60,974
9%
2023
$5,923
100%
$56,073
10%
2022
-100%
$51,194
7%
2021
$5,166
5%
$47,998
5%
2020
$4,899
—
$45,765
3%
2019
$4,912
—
$44,389
3%
2019
$4,912
11%
$43,256
7%
2017
$4,444
-1%
$40,355
-1%
2016
$4,510
—
$40,807
4%
2016
$4,510
—
$39,054
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 702 4th Ave
702 4th Avenue, Ottawa, IL 61350 (MLS# 12597512) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 702 4th Avenue is currently listed for $282,500 and was received on March 20, 2026. Want to learn more about 702 4th Avenue? 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.

