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Ottawa 61350
1187 Catherine Street
$130,000
● House - Off Market

1187 Catherine Street

Ottawa, IL 61350
bedrooms
2 Beds
bathrooms
1 Bath
square feet
850 Ft²
$867
Est. Monthly

About This Property

Well-maintained and move-in ready, this 2 bedroom, 1 bath ranch on Ottawa's south side offers an affordable path to homeownership or a strong addition to an investment portfolio. The home features durable vinyl plank flooring, a comfortable living space, and a practical layout with a kitchen, dining room, and a dedicated laundry/utility area. The detached 1-car garage adds storage, while the manageable yard keeps upkeep simple. Located close to schools, parks, shopping, and daily amenities, this property fits today's demand for a quality, low-maintenance home. Whether you're a first-time buyer ready to build equity or an investor looking for a dependable rental, this is a smart opportunity at an approachable price point. Schedule your showing and see the value for yourself.
Unit Size
850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$147
Property Type
House
Property Taxes
$253
HOA Dues
-
Year Built
1920

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 780
  • Gross Building Area: 780
  • Building Area: 780
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HESS SUB
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: HESS SUBD-E122.5' S89.5' EX E25' & EX S25' LOT 14

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 963500

Geography

  • District: SO
  • Parcel: 22-14-420-014
  • Lot: 14
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3273
  • Longitude: -88.8386

    Address

  • Full Address: 1187 Catherine St
  • Address - House Number: 1187
  • Address - Street Name: Catherine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4403
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,726
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 84,381
  • High Value: 95,869
  • Low Value: 72,892

    Market Valuation

  • Market Total Value: $73,980
  • Market Land Value: $20,427
  • Market Improvement Value: $53,553

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,660
  • Assessed Land Value: $6,809
  • Assessed Improvements Value: $17,851

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Dec 14, 2017
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201719840
  • Previous Sale Recording Date: Jul 14, 2017
  • Previous Sale Contract Date: Jul 12, 2017
  • Previous Sale Document Type: 64
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ottawa

Stats & Trends

Median Asking:

$229,700

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1752 ft²

Average Home Age

50.6 years

Currently For Sale

71 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 615 Green Street, Ottawa, IL, 61350

$950 /mo

  • 2 Beds
  • 1 Bath
  • 600 ft²
615 Green Street #LOWER, Ottawa, IL, 61350 Listing by Shawn Sell
Unit for rent at 611 Webster Street, Ottawa, IL, 61350

$1,200 /mo

  • 2 Beds
  • 1 Bath
  • 980 ft²
611 Webster Street #B, Ottawa, IL, 61350 Listing by Irina Allison

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Douglas Carroll, RE/MAX 1st Choice
Data Source: MRED, MLS# MRD12579964
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1187 Catherine Street built and last sold?
The property at 1187 Catherine Street was built in 1920 and last sold on Dec 8, 2017 for $0.
How much is this home worth?
The estimated value of the home located at 1187 Catherine Street is $0.
What are some comparable homes to 1187 Catherine Street?
There are currently no comparable homes to 1187 Catherine Street.
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