702 4th Avenue

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Address: 702 4th Ave, Ottawa, IL 61350, USA
Chicago & Midwest + Apartment Buildings
Created date: October 2, 2026
Date last updated: October 27, 2026
Price: $240,000Investment Analyzer NEW!

Property Description

Rare opportunity to acquire both sides of a versatile duplex under a single transaction! Each side features a functional two-level layout designed to maximize space and privacy, offering a bright family room, a kitchen, and a convenient half-bathroom on the main floor. The upper levels each house two bedrooms and a full bathroom (totaling 4 bedrooms and 2 full and 2 half bathrooms across the property). Outdoors, a large, shared deck spans the rear, creating an ideal setting for entertaining or relaxation. Perfect for savvy investors looking for dual rental income or multi-generational buyers desiring neighboring living quarters.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $240,000
Year Built: 1920
Opportunity Zone: No
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 702 4th Avenue, Ottawa, IL 61350, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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