115 E Jackson St
Ottawa, IL 61350
115 E Jackson St & 820-824 Columbus St · Multifamily Property For Sale

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the multi-family investment properties located at 115 E Jackson Street & 820-824 Columbus Street in Ottawa, IL (the “Properties” or the “Portfolio”). The multi-story buildings contain thirty-two (32) total units comprised of seven (7) 3-Bedroom/1-Bathroom units, two (2) 2-Bedroom/1-Bathroom units, sixteen (16) 1-Bedroom/1-Bathroom units, and seven (7) Studio units with 27,500 square feet of gross living area and 32,000 square feet of gross area. The Properties are situated upon a 0.75- acre parcel and offers street parking. The properties in downtown Ottawa present a unique opportunity to acquire a well-located multifamily portfolio in the heart of downtown Ottawa, IL. Situated within the city’s central business district, these assets benefit from walkable access, strong neighborhood demand, and proximity to a mix of retail, dining, and community amenities. 115 E Jackson Street offers well-maintained residential units with excellent access to downtown services and riverfront attractions, making it highly appealing to tenants seeking convenience and livability. 820–824 Columbus Street adds further scale and diversification to the portfolio with multiple units positioned along a central thoroughfare. The properties provide consistent occupancy potential, supported by Ottawa’s stable rental market and the desirability of downtown living. Together, the portfolio is enhanced by Ottawa’s strong regional connectivity via Interstate 80, U.S. Route 6, and Illinois Route 23, ensuring accessibility to Joliet, Aurora, and the broader Chicagoland area. The city’s historic character, riverfront recreation, and expanding local economy further strengthen tenant demand. For potential buyers, this collection of multifamily properties represents an attractive blend of location, stability, and long-term upside in one of northern Illinois’ most dynamic small cities.