Contact us: 563.441.1776
Description
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!
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Bedrooms: 6
Bathrooms: 3
County: LaSalle
High School: Earlville High School
Listed By:
Swanson Real Estate
815-786-9418
MRED MLS
MLS ID: 12618492
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302 S Ottawa Street , Earlville, IL 60518.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $180,000 | $180,000 | $180,000 |
| Down Payment | $36,000 | $6,300 | $45,000 |
| Monthly Mortgage Amount | $840 | $1,060 | $1,094 |
| Taxes | $251 | $251 | $251 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $79 | $0 |
| Monthly Estimated Total | $1,190 | $1,489 | $1,444 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/18/2026. The listing information on this page last changed on 04/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 04/18/2026 12:25:17 AM EST) or MRED MLS (last updated Sat 04/18/2026 12:18:58 AM EST) or SCWMLS (last updated Fri 04/17/2026 11:54:49 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 04/17/2026 10:15:17 PM EST) or Cedar Rapids MLS (last updated Fri 04/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Sat 04/18/2026 12:18:41 AM EST) or ICAAR MLS (last updated Fri 04/17/2026 11:37:31 PM EST) or ECIMLS (last updated Fri 04/17/2026 11:44:16 PM EST) or RMLSA (last updated Sat 04/18/2026 12:20:57 AM EST) or Muscatine MLS (last updated Sat 04/18/2026 12:15:25 AM EST) or No Coast MLS (last updated Sat 04/18/2026 12:24:22 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. 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.
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