Listing provided courtesy of RE/MAX 1st ChoiceMREDas Distributed by MLSGrid- MLS# 12597512MLS Provider

702 4th AvenueOttawa, IL 61350

Multi-Family · 4 Beds
$282,500 Active

702 4th Avenue Overview

Time on Site:
101 days
Visits:
0

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

702 4th Avenue Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 140
  • High School: Ottawa Township High School

Building Information

  • New Construction: No
  • Year Built: 1920

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Ottawa
  • Township: South Ottawa

Tax Information

  • Tax Annual Amount: $6,303.00
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 2213127005
  • Property Type: Residential Income
  • Special Listing Conditions: None

Interior

Parking Information

  • Half Baths Building: 2

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 4
  • Bedrooms Possible: 4
  • Full Baths Building: 2

General Information

  • Basement: Finished, Daylight
  • Heating: Natural Gas, Forced Air
  • Rooms Total: 10

Exterior

Parking Information

  • Parking Features: Off Street, Yes
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 67x107.5
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Brick

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 2

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 0
  • Beds Total: 2
  • Baths Total: 2

702 4th Avenue Neighborhood

Community

61350 (OTTAWA) Demographics

42
Median Age
151
Population Density (per sq. mile)
32%
College Educated
$59,295
Estimated Median Income
6,890
Estimated Total Home Owners
3,057
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

702 4th Avenue Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

702 4th Avenue Market Data

Based on the last 30 days in this zip code

$363,690
Average List Price
$182
Average Price per Square Foot
35
Properties Sold
90
Average Days on Market
127
Properties for Sale
Calculations provided by Reliance Network

702 4th Avenue History

Date Event Value Agent
3/25/2026Source: MRED Status Change
Active
3/20/2026Source: MRED Added to Database
March 20, 2026