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$349,999
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Property Description
718 Arch St in Ottawa, IL offers a unique multi-unit investment opportunity with four total units split between two separate buildings, plus a spacious 4-car detached garage. Each building contains two units, providing flexibility for rental income or owner occupancy. The layout allows for multiple income streams and reduced vacancy risk, making it an excellent choice for investors seeking strong cash flow potential. Conveniently located near local amenities and major routes, this property combines functionality, versatility, and long-term earning potential in one attractive package.
Full Property Details
Full Property Details for 718 Arch St
General
- Price: $349,999
- Taxes: $7,146 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12493849
- Updated: 1/14/2026
- Added to Site: 131 day(s) ago
Interior
- Basement: Partially
Rooms
Bathrooms
- Total Bathrooms: 4
- Upper - Full Baths: 4
Bedrooms
- Total Bedrooms: 6
Parking
- Garage: Yes
- Garage Spaces: 4
- Total Spaces: 4
- Parking Features: Yes, Detached, Garage
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Cent
- County: LaSalle
- Township: Ottawa
- Driving Directions: RTE 23 to Arch St. East to property
School Information
- School District: 141
- Elem School District: 141
- Midd School District: 141
- High School District: 140
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, Steam
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Combination
- Exterior Const.: Vinyl Siding, Combination
- Basement: Yes
- Basement Desc.: Partially Finished, Full
- Year Built: 1941
- Built Before 1978: Yes
Unit Information
- Units in Building: 4
Lot Features
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 63 x 304
- Zoning: MULTI
Financial Considerations
- Assessment Year: 1941
- Tax Amount: $7,146.94
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2213308014
Listed by GenStone Realty
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Schools
Schools serving 718 Arch St
| Name | Grades | Distance |
|---|---|---|
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 1.1 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 718 Arch St
Date
Details
Price
Change
Source
1/08/2026
Price Reduced
$349,999
-23.91%
MLS
10/13/2025
Listed
$460,000
606.61%
MLS
4/26/2010
Sold
$65,100
—
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 718 Arch St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,147
6%
$69,139
9%
2023
$6,716
7%
$63,582
10%
2022
$6,255
7%
$58,050
7%
2021
$5,857
5%
$54,425
5%
2020
$5,555
—
$51,893
3%
2019
$5,570
—
$50,333
-23%
2019
$5,570
-21%
$65,493
2%
2017
$7,056
3%
$64,070
4%
2016
$6,829
—
$61,784
4%
2016
$6,829
—
$59,130
—
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 718 Arch St
718 Arch Street, Ottawa, IL 61350 (MLS# 12493849) is a Multi-Family property with 4 units containing 6 bedrooms and 0 full bathrooms. 718 Arch Street is currently listed for $349,999 and was received on October 13, 2025. Want to learn more about 718 Arch 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.

