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Ottawa 61350
320 Midwestern Drive
Photo of 320 Midwestern Drive
Sold on Aug 12, 2026

25

Map

Photo of 320 Midwestern Drive
Photo of 320 Midwestern Drive
$249,900
● House - Off Market

320 Midwestern Drive

Ottawa, IL 61350
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,200 Ft²
$1,673
Est. Monthly

About This Property

Move-in ready 4 Bedroom, 2 bath house on a quiet cul-de-sac.  Updated kitchen with white cabinetry and stainless steel appliances.  Baths recently updated with main floor bath with tub surround and lower bath with large 4 ft shower. Fresh paint and carpet through-out. Vaulted ceilings and skylights make the house very light and airy. Master bedroom features a walk-in closet. The partially finished basement provides more living space and another bedroom.  Oversized 2 car attached garage. The backyard is really nice with shade trees, pool, and deck. The pool needs a new liner and the seller is offering a $2500 credit for this. This house will not be on the market long! Come take a look today.
Unit Size
1,200 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$208
Property Type
House
Property Taxes
$445
HOA Dues
-
Year Built
1989

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Cap Rate Calculator

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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: 1989
  • Effective Year Built: 1989
  • 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: 10,890
  • Total Building Area: 960
  • Gross Building Area: 960
  • Building Area: 960
  • 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: MIDWESTERN SUB
  • Land Acres: 0000000250
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: MIDWESTERN SUB, LT 10 SEC 13-33-3

Neighborhood

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

Geography

  • District: SO
  • Parcel: 22-13-346-011
  • Lot: 10
  • Meridian: SEC 13 TWN 33 RNG 03
  • Municipality: SOUTH OTTAWA TOWNSHIP
  • Latitude: 41.3279
  • Longitude: -88.8348

    Address

  • Full Address: 320 Midwestern Dr
  • Address - House Number: 320
  • Address - Street Name: Midwestern
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C011
  • 4-Digit Zip Code: 4565
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,586
  • Tax Rate Code Area: SO001

    Appraisal Valuation

  • Standard Deviation: 0.4548
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 9
  • Final Value: 153,292
  • High Value: 223,010
  • Low Value: 83,573

    Market Valuation

  • Market Total Value: $145,239
  • Market Land Value: $28,269
  • Market Improvement Value: $116,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,413
  • Assessed Land Value: $9,423
  • Assessed Improvements Value: $38,990

    Sales

  • Current Sale Contract Date: Sep 04, 2020
  • Current Sale Recording Date: Mar 30, 2021
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2021-04850
  • Previous Sale Recording Date: Feb 23, 2018
  • Previous Sale Contract Date: Feb 19, 2018
  • Previous Sale Amount: $143,500
  • Previous Sale Document Type: 27

    Open Lien Mortgages

  • Third Open Lien Mortgage Interest Rate Type: Y
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:

$229,900

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

53

Average Home Size

1761 ft²

Average Home Age

47.4 years

Currently For Sale

73 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 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: Michael Ruffatto, Protech Realty
Data Source: MRED, MLS# MRD12699415
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 320 Midwestern Drive built and last sold?
The property at 320 Midwestern Drive was built in 1989 and last sold on Sep 4, 2020 for $0.
How much is this home worth?
The estimated value of the home located at 320 Midwestern Drive is $251,764.
What are some comparable homes to 320 Midwestern Drive?
There are currently no comparable homes to 320 Midwestern Drive.
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