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$935,500
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Property Description
*Multiple offers received -- Seller will allow showings and entertain all offers until Monday 3/21 at noon -- highest and best requested by Monday at noon* Investors Wanted! Located in Ottawa Illinois Starved Rock Country and the Town of Two Rivers! Conveniently located on the corner of Fremont and Columbus Street on Ottawa's north side. Easy access to schools, downtown shopping and dining, and highways for commuters. Three buildings (on 3 separate PINs), 4 units in each building for 12 units total. This property is being sold as a package only. All units are the same but may have different finishes. The units consist of 2 spacious bedrooms, 1 full bathroom with tub/shower combo, oak kitchen cabinets with dining area, lots of storage and private laundry room in each unit. These units are very easy to rent and currently under-rented ($700-800/month) and could rent for $850-950 or $1000 a month. Each unit includes a stove, refrigerator, washer and dryer. Off street parking in the back off of the alley. Buildings were quality stick built and have been well-maintained. Manager's closet in the common area of each building. Professional pictures will be forthcoming.
Full Property Details
Full Property Details for 110-124 E Fremont St
General
- Sold For: $935,500
- Taxes: $7,273 (2020)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11350454
- Added to Site: 1, 050 day(s) ago
Parking
- Total Spaces: 24
- Parking Features: 19 to 30 Spaces
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Center
- County: La Salle
- Driving Directions: From 23 and 6 - Take 23 north - Property will be on right (east) side of street
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Structural Information
- Roof: Composition
- Stories/Levels: 2
- Current Bldg. Use: Multi-Family
- Year Built: 1997
Unit Information
- Units w/Refrigerators: 12
- Units w/Range/Oven: 12
- # Dryers: 12
Lot Features
- Lot Size (Acres): 0.93
- Lot Dimensions: 150 x 269
- Zoning: COMMR
Financial Considerations
- Operating Expenses: $11,400
- Assessment Year: 1997
- Tax Amount: $7,273.46
- Tax Year: 2020
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 2102403016
Listed by Coldwell Banker Real Estate Group
Sold by ARNI Realty Incorporated
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Price & Sales History for 110-124 E Fremont St
Date
Details
Price
Change
Source
5/11/2022
Sold
$935,500
-5.03%
MLS
3/17/2022
Listed
$985,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
110-124 E Fremont Street, Ottawa, IL 61350 (MLS# 11350454) is a Commercial property that was sold at $935,500 on May 11, 2022. Want to learn more about 110-124 E Fremont Street? Do you have questions about finding other Commercial real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.