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This Multifamily Property is no longer advertised on LoopNet.com.
1201-1217 Illinois Ave
Ottawa, IL 61350
Thrush Apartments · Multifamily Property For Sale
·
7 Units
Investment Highlights
- Historic 7-unit brick building at the corner of Illinois Avenue and Leland Avenue in Ottawa.
- New rubber roof installed in 2017, the units showcase pride of ownership and meticulous maintenance.
- Original hardwood floors, natural woodwork, and vintage chandeliers in some units.
- Long-term tenants provide stable rental income.
- 3 two-bedroom units and 4 one-bedroom units, each with private front and back entrances.
- Dedicated covered parking for each unit, with additional off-street parking available; partial basement includes individual storage bays and shared la
Property Facts
| No. Units | 7 | Building Size | 6,724 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1966 |
| Building Class | C | Parking Ratio | 1.04/1,000 SF |
| Lot Size | 0.52 AC |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.52 AC |
| Building Size | 6,724 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1966 |
| Parking Ratio | 1.04/1,000 SF |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Dining Room
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | $797.50 | 754 - 758 |
| 2+1 | 3 | $907.50 | 525 - 672 |
Links
Property Taxes
| Parcel Number | 21-10-427011 | Improvements Assessment | $43,830 |
| Land Assessment | $18,073 | Total Assessment | $61,903 |
Property Taxes
Parcel Number
21-10-427011
Land Assessment
$18,073
Improvements Assessment
$43,830
Total Assessment
$61,903
Listing ID: 33380250
Date on Market: 10/2/2024
Last Updated:
Address: 1201-1217 Illinois Ave, Ottawa, IL 61350
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