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$194,428 Just Listed
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Property Description
Turn-Key Income Property - 702 E Joliet St, Ottawa Looking for a true set-it-and-collect-rent investment? This fully leased duplex delivers immediate cash flow at $2,200/month with tenants covering all utilities except water & garbage - keeping ownership simple and predictable. Both spacious 2-bedroom units include their own refrigerator, stove, washer & dryer, making them highly desirable to renters and easy to keep occupied. The property has been consistently maintained and features a solid 10-year-old roof, vinyl siding, full basement, fenced yard, and detached 2-car garage - valuable amenities that support long-term tenancy and reduce turnover. * Main Level: 5-room, 2-bedroom unit * Upper Level: 6-room, 2-bedroom unit Whether you're expanding your portfolio or buying your first rental, this is a dependable, low-maintenance property already performing from day one. Buy today - earn tomorrow.
Full Property Details
Full Property Details for 702 E Joliet St
General
- Price: $194,428
- Taxes: $4,643 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12569944
- Updated: 2/16/2026
- Added to Site: 3 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 2
- Upper - Full Baths: 2
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Garage Owned, Detached, Garage
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Cent
- County: LaSalle
- Township: Ottawa
- Driving Directions: East Norris Dr to Porter St turn south to property
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
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement: Yes
- Basement Desc.: Unfinished, Partial
- Year Built: 1912
- Built Before 1978: Yes
- Remodeled/Updated: 2025
Unit Information
- Units in Building: 2
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 44 x 132
Financial Considerations
- Assessment Year: 1912
- Tax Amount: $4,643
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2101306009
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Schools
Schools serving 702 E Joliet St
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Ottawa, IL 1709 Columbus Street, Ottawa, IL 61350 | K-4 | 0.5 mi |
Shepherd Middle School, Ottawa, IL 701 East McKinley Road, Ottawa, IL 61350 | 7-8 | 2.2 mi |
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 702 E Joliet St
Date
Details
Price
Change
Source
2/16/2026
Listed
$194,428
34.09%
MLS
6/13/2025
Sold
$145,000
—
Public Record
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 E Joliet St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,643
9%
$45,083
12%
2023
$4,250
100%
$40,350
10%
2022
-100%
$36,622
7%
2021
$3,691
6%
$34,325
5%
2020
$3,488
-2%
$32,607
1%
2019
$3,571
—
$32,275
2%
2019
$3,571
6%
$31,500
3%
2017
$3,362
4%
$30,535
4%
2016
$3,230
—
$29,226
5%
2016
$3,230
—
$27,879
—
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 E Joliet St
702 E Joliet Street, Ottawa, IL 61350 (MLS# 12569944) is a Multi-Family property with 2 units containing 4 bedrooms and 0 full bathrooms. 702 E Joliet Street is currently listed for $194,428 and was received on February 16, 2026. Want to learn more about 702 E Joliet 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.

