Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
12 Properties Within 0.5 miles of: 613 Webster, Ottawa
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613 Webster
Ottawa, IL 61350

  • 4 Beds
  • Built In 1915
Price

$259,900

Est Payment
$1,688 / month (details)  
Taxes
$4,513  
Beds
4  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
36X132  
Built
1915  
Neighborhood
Danway / Dayton / Naplate / Ottawa / Prairie Center  
MLS
#12670800
Status
Active

Property Description

HOUSE HACKERS and INVESTORS wanted! Did you know that as a FIRST-TIME HOMEBUYER-or ANY BUYER planning to occupy the property as their primary residence-you can purchase a 2-unit, 3-unit, or even a 4-unit property? By living in one unit and renting out the others, you may be able to use the rental income to help qualify for the mortgage and offset your monthly housing expenses. This strategy, often called "house hacking," can be a great way to start building wealth through real estate while enjoying the benefits of homeownership. INVESTORS, add a solid income-producing property to your portfolio. Well-maintained 2-story, 3-flat in the heart of Ottawa! The 2nd-floor UNIT A is currently rented for $1,100 per month. It includes 2 bedrooms, 1 bathroom, a kitchen, and a spacious living room. The unit was remodeled in 2025. The 1st-floor UNIT B is currently rented for $1,025 per month and features 1 bedroom, 1 bathroom, a kitchen with a dining area, a large living room, and a spacious front porch. UNIT C, located in the rear of the building, features 1 bedroom, 1 bathroom, a kitchen, and a spacious living room. All 3 tenancies are currently month-to-month. Tenants pay gas and electric. Owner pays water, sewer, and garbage. All units feature central air, kitchen appliances, plus access to a washer and dryer. Looking to expand your portfolio? The neighboring property at 611 Webster Street, a 3-unit building, is also available for sale. LOCATION, LOCATION, LOCATION! Situated in the heart of Ottawa and within walking distance to downtown, you'll enjoy easy access to the new YMCA, local restaurants, shops, the summer farmers market, winter Kris Kringle Market, seasonal wine and beer festivals, and more. Just minutes from Starved Rock State Park and Matthiessen State Park, with convenient access to Route 6 and Interstate 80. CONTACT THE LISTING BROKER for information on major area employers and future city development plans.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air
  • Cooling
  • Water Public
  • Sewer Public Sewer

Additional Information

Parking
4 Parking Spaces, Assigned, Yes, Owned
Schools
District 140, District 141

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Nearby Transportation

  • I 80 East 2.2 mi
  • I 80 West 2.3 mi
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