214 Great Loop Drive, Ottawa, IL 61350
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
214 Great Loop Drive,Ottawa, IL 61350
$1,075,000
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: jacob valle, pierre alexander
Office: heritage select realty
MLS#:12741963
Source:MLSNI
Price summary
- Price:$1,075,000
About this home
Rare opportunity to own a turnkey 4-unit multifamily investment property within Heritage Harbor, a premier marina-resort community in Ottawa, Illinois, in the heart of Starved Rock Country and approximately 90 minutes from Chicago. 214 Great Loop Drive is one of four similar Canal Quarters multifamily buildings currently being offered for sale, available individually or together as a 16-unit investment portfolio. Built in 2023, this thoughtfully designed 4-flat features four fully furnished 1-bedroom, 1-bath residences, each approximately 580 square feet. Open-concept floor plans, quartz countertops, luxury vinyl plank flooring, stainless steel appliances, modern finishes and energy-efficient mechanical systems were selected with durability and low-maintenance ownership in mind. Each unit is individually metered for water/sewer and electric, providing additional flexibility for rental operations. The property is currently operated with a mix of short-term vacation and longer-term rentals, providing an investor with flexibility to adjust the rental mix based on market demand. Onsite professional management is available for both short-term vacation rentals and long-term residential leasing, including marketing, reservations, guest services, housekeeping coordination, tenant management and property oversight. Located in Heritage Harbor's walkable Navvy Town neighborhood, Canal Quarters is just steps from the marina and Harbor Walk and within a short walk of waterfront dining, pickleball, beach volleyball and other resort amenities. Heritage Harbor features a 32-acre full-service marina, five outdoor pools, more than five miles of walking and biking trails, waterfront recreation and year-round events and programming. Minutes from Starved Rock State Park and downtown Ottawa, this offering combines newer construction, furnished turnkey units, flexible rental strategies, onsite management and the amenities of an established waterfront resort. Purchase 214 Great Loop individually or inquire about acquiring all four Canal Quarters buildings and 16 units as a portfolio....
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Home facts
- Year built:2023
- Subdivision & Development:Heritage Harbor
- Listing ID #:12741963
- Updated:August 28, 2026 at 01:46 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Full bathrooms:4
- Rooms Total:4
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Electric
Structure and exterior
- Roof:Asphalt
- Year built:2023
- Lot Features:Corner Lot
- Foundation Description:Concrete Perimeter
Schools
- High school:Ottawa Township High School
- Middle school:Rutland Elementary School
- Elementary school:Rutland Elementary School
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,075,000
- Tax amount:$14,760 (2025)
Parking
- Total parking spaces:4
- Parking description:Assigned
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