302 S Ottawa Street

Earlville, IL 60518

Turn-of-the-century three-unit property located adjacent to the city park in Earlville. Situated on a double lot, this property offers solid rental income and value-add potential. All three units are currently occupied. The lower south unit features 1 bedroom, 1 bathroom, new flooring and fresh paint. The lower north unit offers 3 bedrooms and 1 bathroom, new carpet, paint and an updated bathroom. The upper unit includes 2 bedrooms and 1 bathroom. Recent improvements include a newer water heater, gutter and roof repairs, flooring, new paint and updated bathrooms in two of the units. The property also includes a two-car garage with a divider, allowing for potential additional rental income. Owner currently pays approximately $200/month for water, sewer, and garbage. Lawn care and snow removal are approximately $50/month. Current and projected monthly rental income is approximately $2,784. Property is being sold as is. Come check out your new investment property today!

Listing Courtesy of MRED as distributed by MLS Grid of Swanson Real Estate



Based on information submitted to the MLS GRID as of 2026-04-18 10:23 AM UTC. 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.
Last checked: 2026-04-18 10:23 AM UTC
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