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Listing provided courtesy of GenStone RealtyMREDas Distributed by MLSGrid- MLS# 12493849MLS Provider

718 Arch StreetOttawa, IL 61350

Multi-Family · 8 Beds
$347,500 Active

718 Arch Street Overview

Time on Site:
259 days
Visits:
0

718 Arch St in Ottawa, IL offers a unique multi-unit investment opportunity with four total units split between two separate buildings, plus a spacious 4-car detached garage. Each building contains two units, providing flexibility for rental income or owner occupancy. The layout allows for multiple income streams and reduced vacancy risk, making it an excellent choice for investors seeking strong cash flow potential. Conveniently located near local amenities and major routes, this property combines functionality, versatility, and long-term earning potential in one attractive package.

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718 Arch Street Facts & Features

  • Type Multi-Family

Details

General

School Information

  • School District: 140

Building Information

  • New Construction: No
  • Year Built: 1941

Location/Region

  • County Or Parish: LaSalle
  • MLS Area Major: Danway / Dayton / Naplate / Ottawa / Prairie Center
  • Township: Ottawa

Tax Information

  • Tax Annual Amount: $7,146.94
  • Tax Year: 2024

General Information

  • Ownership: Fee Simple
  • Parcel Number: 2213308014
  • Property Type: Residential Income
  • Special Listing Conditions: None
  • Zoning: MULTI

Interior

Parking Information

  • Half Baths Building: 0
  • Garage Spaces: 4

Beds/Baths

  • Bathrooms Total: 4
  • Bedrooms Total: 6
  • Bedrooms Possible: 6
  • Full Baths Building: 4

General Information

  • Basement: Partially Finished, Full
  • Heating: Natural Gas, Forced Air, Steam
  • Rooms Total: 15

Exterior

Parking Information

  • Parking Features: Yes, Detached, Garage
  • Parking Total: 4

Lot Information

  • Lot Size Dimensions: 63 X 304
  • Water Source: Public

Waterfront/View

  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Vinyl Siding, Combination

General Information

  • Sewer: Public Sewer

Unit Information

Unit 1 Details

  • Unit Type: Unit 1
  • Actual Rent: 1090
  • Beds Total: 2
  • Baths Total: 1

Unit 2 Details

  • Unit Type: Unit 2
  • Actual Rent: 825
  • Beds Total: 1
  • Baths Total: 1

Unit 3 Details

  • Unit Type: Unit 3
  • Actual Rent: 1085
  • Beds Total: 3
  • Baths Total: 1

Unit 4 Details

  • Unit Type: Unit 4
  • Actual Rent: 990
  • Beds Total: 2
  • Baths Total: 1

718 Arch Street 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.

718 Arch Street Monthly Cost

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Eric Nowik
* 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.

718 Arch Street 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

718 Arch Street History

Date Event Value Agent
5/16/2026Source: MRED Status Change
Active
5/11/2026Source: MRED Price Reduction
$347,500 -0.7%
5/11/2026Source: MRED Status Change
Price Change
5/9/2026Source: MRED Status Change
Re-activated
2/28/2026Source: MRED Status Change
Contingent
1/13/2026Source: MRED Status Change
Active
1/8/2026Source: MRED Price Reduction
$349,999 -23.9%
1/8/2026Source: MRED Status Change
Price Change
10/18/2025Source: MRED Status Change
Active
10/13/2025Source: MRED Added to Database
October 13, 2025
6/20/2022Source: MRED Added to Database
January 27, 2022