$269,000
Original price: $282,500
- 4 Beds
- 3 Baths
702 4th Ave, Ottawa, IL 61350
Est. Mortgage $2,025/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1920
4 Parking Spaces
Local Information
-- mins to
About this House
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.
Last check for updates: about 13 hours ago
Listing courtesy of: Douglas Carroll, (815) 326-9273
RE/MAX 1st Choice
Source: MRED as distributed by MLS GRID, MLS#12597512

Also Listed on MRED as distributed by MLS GRID.
Home Details for 702 4th Ave
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MLS Status: Active |
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Interior Details Basement: Finished,DaylightNumber of Rooms: 10 |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 2Number of Bathrooms (half): 2 |
Heating & Cooling Heating: Natural Gas,Forced AirHas HeatingHeating Fuel: Natural Gas |
View No View |
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Parking & Garage No Attached GarageParking Spaces: 4Parking: Off Street,Yes |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Days on Market: 180+ |
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Year Built Year Built: 1920Year Renovated: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 2213127005 |
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Price List Price: $269,000 |
Status Change & Dates Possession Timing: Close Of Escrow |
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Direction & Address City: Ottawa |
School Information Elementary School District: 141Jr High / Middle School District: 141High School: Ottawa Township High SchoolHigh School District: 140 |
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Listing Agent Listing ID: 12597512 |
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Lot Area: 7202.5 sqft |
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Special Conditions: None |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12597512 |
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Source Internet Entire Listing DisplayMRD IDX Comments Reviews: YesMRD Listing On IDX Display: YesMRD AVM On IDX Display: YesMRD Address On VOW Display: YesMRD Price History On IDX Display: YesMRD Market Time On IDX Display: YesSource Internet Address DisplayMRD REMARKSINTERNET: YesMRD Remarks On VOW Display: Yes |
Around this home
What Locals Say about Ottawa
At least 136 Trulia users voted on each feature.
87 % Say car is needed
87 % Say it's dog friendly
82 % Say yards are well-kept
81 % Say parking is easy
78 % Say there's holiday spirit
78 % Say people would walk alone at night
71 % Say it's quiet
70 % Say there are sidewalks
68 % Say kids play outside
58 % Say streets are well-lit
55 % Say neighbors are friendly
55 % Say it's walkable to grocery stores
52 % Say there's wildlife
49 % Say it's walkable to restaurants
46 % Say they plan to stay for at least 5 years
35 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Ottawa
Last updated August 2026
Avg. sale price
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Sale-to-List Price
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Price per sq ft
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Available listings
118
17MoM
Home Value
Trulia Estimate
$261KSince last month
Increased$9K (+3.6%)Since last year
Increased$87K (+50.1%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +134% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $261K |
| August 2026 | $252K |
| July 2026 | $255K |
| June 2026 | $269K |
| May 2026 | $269K |
| April 2026 | $270K |
| March 2026 | $279K |
| February 2026 | $195K |
| January 2026 | $169K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.07 | Multi-Family Home | $160,000 | 01/23/26 | 4 | 2 | - | |
0.45 | Multi-Family Home | $232,000 | 07/24/26 | 5 | 3 | - | |
0.89 | Multi-Family Home | $241,000 | 07/28/26 | 6 | 3 | - | |
1.08 | Multi-Family Home | $259,900 | 07/31/26 | 4 | 3 | - | |
1.12 | Multi-Family Home | $210,000 | 07/10/26 | 3 | 2 | 1,320 | |
1.27 | Multi-Family Home | $243,500 | 08/26/26 | 4 | 4 | - | |
1.09 | Multi-Family Home | $200,000 | 08/20/26 | 3 | 2 | 1,495 | |
1.23 | Multi-Family Home | $145,000 | 03/25/26 | 4 | 2 | - | |
1.08 | Multi-Family Home | $220,000 | 07/14/26 | 3 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.05 | $207,200 | 3 | 3 | 1,616 | Off Market | |
0.04 | $171,600 | 3 | 1 | 1,642 | Off Market | |
0.08 | $194,600 | 3 | 1 | 816 | Off Market | |
0.09 | $196,600 | 2 | 1 | 960 | Off Market | |
0.07 | $160,000 | 4 | 2 | - | Recently Sold | |
0.11 | $247,400 | 3 | 2 | 1,344 | Off Market | |
0.10 | $159,900 | 3 | 1 | 888 | Recently Sold | |
0.10 | $178,800 | 3 | 2 | 1,152 | Off Market | |
0.10 | - | - | - | - | Off Market | |
0.14 | $242,000 | 4 | 2 | 2,152 | Off Market | |
0.16 | $222,800 | 3 | 1 | 1,040 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jul 27, 2026 Source: MRED as distributed by MLS GRID #12597512 | PriceChange | $269,000 Price decreased by 5% |
Mar 20, 2026 Source: MRED as distributed by MLS GRID #12597512 | Listed For Sale | $282,500 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $6,303 | $66,157 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Douglas Carroll, RE/MAX 1st Choice
Agent Phone: (815) 326-9273

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
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Frequently asked questions about 702 4th Ave
- What is the estimated monthly payment for 702 4th Ave?Based on a $269,000 list price with 20% down at today's rates, the estimated monthly payment for 702 4th Ave in Ottawa, IL is approximately $2,054 (about $1,472 principal & interest, $507 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Ottawa?Residents describe Ottawa, IL as dog-friendly, well-kept, and easy to park in. Most residents say you need a car. See homes for sale in Ottawa, IL.
- What are the closest schools to 702 4th Ave?The closest schools to 702 4th Ave in Ottawa, IL are Central Intermediate School (Elementary, rated 5/10), Mckinley Elementary School (Pre-K, rated 7/10), Ottawa Township High School (rated 3/10).
- What is 702 4th Ave estimated to be worth?Trulia's estimated value for 702 4th Ave in Ottawa, IL is $261,100.
- Does 702 4th Ave have parking?Yes, 702 4th Ave in Ottawa, IL has on-site parking.
702 4th Ave, Ottawa, IL 61350 is a 4 bedroom, 4 bathroom multi-family built in 1920. This property is currently available for sale and was listed by MRED as distributed by MLS GRID on Mar 20, 2026. The MLS # for this home is MLS# 12597512.

