915 W Superior St · Ottawa, IL 61350

$133,567

4 bd · 1.5 ba · 988 sqft · SingleFamily public records · 45 Days on market

Built 1883 3,485 sqft lot Est $141k · 5% under ↓ 8% since listing

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Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +27.7/30.0
• ARV discount +10.0/15.0
• DSCR +9.7/10.0
• 1% rule +8.4/10.0
• Livability +3.9/5.0
• Schools +2.7/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Comfortable 4 bedroom, 1.5 bath home located on the west side of Ottawa not to far from downtown! This one is a sleeper, more room inside than you think, it's definitely worth the look! A lot of the updates were done in 2022 , including roof, siding, and windows. Inside you will find beautiful hardwood floors and a lot of custom work with a unique style! Main floor laundry in the half bath. Master bed nice sized with exposed brick feature and small walk-in closet. You'll also find a nice formal dining room, but also a breakfast nook off the kitchen area. In the living room there is a wood burning fireplace with a beautiful antique design. Seller is offering an appliance pkg of 2000 with acceptable offer. The water heater recently installed Aug 2025. In the back let's not forget that there is a 1.5 car detached garage for parking or storage, your choice!

Key facts

• Custom work
• Breakfast nook
• Formal dining room

Tags

• UPDATES IN 2022
• HARDWOOD FLOORS
• CUSTOM WORK
• EXPOSED BRICK FEATURE
• FORMAL DINING ROOM
• BREAKFAST NOOK

Property features AI

Finance

• Other: Fee simple ownership; Not currently leased; School bus service and interstate access nearby
• HOA & community: No master association fee required; Community features nearby: park and pool

Exterior

• Parking: Detached garage (garage owned); Approximately 1.5 garage/parking spaces; Gravel parking; Off-alley access
• Utilities: Public water; Public sewer
• Home design: Detached single-family home; One-story; Over 100 years old; Built before 1978
• Construction: Vinyl siding; Asphalt roof; Block foundation
• Exterior features: Deck; Patio; Corner, level lot; 32 x 110 lot dimensions; County-recorded lot size (less than 0.25 acre); Street paved with curbs and sidewalks

Interior

• Kitchen: Kitchen with eating area / breakfast room; Marble flooring in kitchen
• Bedrooms: Master bedroom (main level); Three additional bedrooms (main level)
• Flooring: Hardwood flooring in multiple rooms; Wood laminate flooring in bedrooms and mud room; Marble flooring in kitchen and laundry
• Bathrooms: One full bathroom; One half bathroom
• Heating & cooling: Natural gas heating; Central air conditioning
• Interior features: Open floorplan; Separate dining room; 1st-floor bedroom; 1st-floor full bath; Unfinished attic; Unfinished/partial basement; Seven total rooms; Wood-burning fireplace in the living room
• Laundry & utility: Main-level laundry; Gas dryer hookup; Laundry room with marble flooring

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $134k.

Deal economics

• At list price, monthly cash flow is $401 ($5k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $134k).
• Recommended offer: $130k (3.0% below list) — sets the bar for market timing.
• Cap rate 9.9% vs local median 3.1% in Ottawa — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 77/100 on livability (#172 in IL, #3,175 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, health & safety A+, housing A; Watch: employment C-, amenities D, commute F.
• Ottawa Twp Hsd 140 (town): math 25% / reading 30% proficiency, ranked #545 of 919 in IL (top 59%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover.
• Zoned schools: Ottawa Township High School (math 17% / reading 27%, grade F, #319 of 693 statewide, top 50%, 1,261 students, 0% FRL).
• Market conditions: 205 active listings in the ZIP; solid renter incomes; 82 units permitted in LaSalle County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $923 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• LaSalle County population projected at -16% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $37k cash investment doubles in ~9 years — after that, you're playing with house money.

Negotiation context

• It's been on market 45 days — a 3% lower offer ($130k) is reasonable based on typical stale-listing flexibility.
• 9 sale attempts since 4y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: built in 1883 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $129,559 (3.0% below list)

Questions for the listing agent

1. It's been on market 45 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1883 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.34% ✓
• Cap rate: 9.90%
• Cash-on-cash: 12.88%
• DSCR: 1.57
• GRM: 6.2

CMA / ARV

• ARV (on-the-fly): $141,284
• Comps found: 6

Show comp detail 6 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
922 W Lafayette St	0.12mi	3/1.0 (-1)	1,008 (+2%)	6mo	$97,000	$96	79
1435 Price St	0.53mi	3/2.0 (-1)	1,004 (+2%)	4mo	$225,000	$224	62
809 Poplar St	0.26mi	3/1.0 (-1)	1,080 (+9%)	6mo	$146,000	$135	61
1445 Pickwick St	0.49mi	3/1.0 (-1)	1,042 (+6%)	4mo	$136,000	$131	58
1010 W Jackson St	0.20mi	3/2.0 (-1)	1,084 (+10%)	15mo	$155,000	$143	55
1339 W Jackson St	0.37mi	3/1.0 (-1)	1,092 (+10%)	10mo	$162,000	$148	50

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 2.8%
• Equity multiple: 1.11×
• Total profit: $4,007
• Equity at exit: $19,915

10-year hold

• IRR: 12.4%
• Equity multiple: 1.98×
• Total profit: $36,742
• Equity at exit: $11,548

Cash invested: $37,399 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 43 Moderately Tenant-Leaning
• State Illinois: 43 Moderately Tenant-Leaning · D+7
• County: — inherits STATE
• City: — inherits STATE

Chicago RTLO is among the strongest tenant ordinances in the Midwest; downstate is more landlord-friendly.

Methodology + full state rankings →

ZIP-level market 61350

• Home prices YoY: -31.5%
• Active inventory: 205
• Price-to-rent: 6.2×

Monthly cashflow live

• Estimated rent: $1,787 medium
• Mortgage (P&I): −$700
• Tax from tax record: −$255 /mo · $3,054/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$375
• Net cashflow: $401

Break-even live

Break-even rent $1,279

Max offer price $133,567

Occupancy floor 73%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $33,392
• Closing costs: $4,007
• Reserves months: —
• Total cash needed: —

Listing history 27 events

1. 2026-06-08
   days on marketlisting id $133,567 Pending 45 DOM
2. 2026-05-22
   status Pending
3. 2026-04-21
   historical Contingent - Continue to Show
4. 2026-04-19
   status Active
5. 2026-04-09
   status Pending
6. 2026-04-06
   historical Contingent - Continue to Show
7. 2026-03-25
   status Active
8. 2026-01-27
   status Pending 865-char remark

   Show marketing remark (865 chars)

   Comfortable 4 bedroom, 1.5 bath home located on the west side of Ottawa not to far from downtown! This one is a sleeper, more room inside than you think, it's definitely worth the look! A lot of the updates were done in 2022 , including roof, siding, and windows. Inside you will find beautiful hardwood floors and a lot of custom work with a unique style! Main floor laundry in the half bath. Master bed nice sized with exposed brick feature and small walk-in closet. You'll also find a nice formal dining room, but also a breakfast nook off the kitchen area. In the living room there is a wood burning fireplace with a beautiful antique design. Seller is offering an appliance pkg of 2000 with acceptable offer. The water heater recently installed Aug 2025. In the back let's not forget that there is a 1.5 car detached garage for parking or storage, your choice!

9. 2026-01-16
   historical Contingent - Continue to Show
10. 2026-01-06
    price $133,567 865-char remark

    Show marketing remark (865 chars)

    Comfortable 4 bedroom, 1.5 bath home located on the west side of Ottawa not to far from downtown! This one is a sleeper, more room inside than you think, it's definitely worth the look! A lot of the updates were done in 2022 , including roof, siding, and windows. Inside you will find beautiful hardwood floors and a lot of custom work with a unique style! Main floor laundry in the half bath. Master bed nice sized with exposed brick feature and small walk-in closet. You'll also find a nice formal dining room, but also a breakfast nook off the kitchen area. In the living room there is a wood burning fireplace with a beautiful antique design. Seller is offering an appliance pkg of 2000 with acceptable offer. The water heater recently installed Aug 2025. In the back let's not forget that there is a 1.5 car detached garage for parking or storage, your choice!

11. 2026-01-05
    price $133,567
12. 2025-12-10
    price $138,612
13. 2025-12-06
    status Active
14. 2025-09-05
    historical Contingent - Continue to Show
15. 2025-08-27
    status Active
16. 2025-08-14
    historical Contingent - Continue to Show
17. 2025-08-09
    listed $144,785 Active

    Show marketing remark (865 chars)

    Comfortable 4 bedroom, 1.5 bath home located on the west side of Ottawa not to far from downtown! This one is a sleeper, more room inside than you think, it's definitely worth the look! A lot of the updates were done in 2022 , including roof, siding, and windows. Inside you will find beautiful hardwood floors and a lot of custom work with a unique style! Main floor laundry in the half bath. Master bed nice sized with exposed brick feature and small walk-in closet. You'll also find a nice formal dining room, but also a breakfast nook off the kitchen area. In the living room there is a wood burning fireplace with a beautiful antique design. Seller is offering an appliance pkg of 2000 with acceptable offer. The water heater recently installed Aug 2025. In the back let's not forget that there is a 1.5 car detached garage for parking or storage, your choice!

18. 2025-08-09
    listed $138,612 Active 865-char remark

    Show marketing remark (865 chars)

    Comfortable 4 bedroom, 1.5 bath home located on the west side of Ottawa not to far from downtown! This one is a sleeper, more room inside than you think, it's definitely worth the look! A lot of the updates were done in 2022 , including roof, siding, and windows. Inside you will find beautiful hardwood floors and a lot of custom work with a unique style! Main floor laundry in the half bath. Master bed nice sized with exposed brick feature and small walk-in closet. You'll also find a nice formal dining room, but also a breakfast nook off the kitchen area. In the living room there is a wood burning fireplace with a beautiful antique design. Seller is offering an appliance pkg of 2000 with acceptable offer. The water heater recently installed Aug 2025. In the back let's not forget that there is a 1.5 car detached garage for parking or storage, your choice!

19. 2024-12-04
    historical
20. 2024-09-27
    listed Active
21. 2022-09-01
    historical Contingent - Continue to Show
22. 2022-08-31
    historical
23. 2022-08-31
    price
24. 2022-08-19
    status Active
25. 2022-08-15
    historical Contingent - Continue to Show
26. 2022-07-19
    price
27. 2022-06-10
    listed Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast IL · Partial reset (capped growth)

• Current annual tax: $3,054 · $255/mo
• Projected year-2 tax: $3,054 · $255/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 6/10 Major FEMA zone X (unshaded) · 74% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥102°F today · 17 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 100% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,449
• − Mortgage interest: −$7,482
• − Property taxes: −$3,054
• − Insurance: −$668
• − Repairs & maintenance: −$1,716
• − Management: −$1,716
• − Depreciation: −$3,886
• Taxable income: $2,928
• Est. tax owed @ 24.0%: −$703
• After-tax cash flow: $4,115/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Ottawa Twp Hsd 140
• NCES district ID: 1730330
• Math proficiency: 25% ▼ -3.00%
• Reading proficiency: 30% ▼ -4.00%
• Median HH income: $47,828
• Composite: 26.85/100
• National rank: #12528
• State rank: #545 of 919 in IL

Livability — Ottawa

• Score: 77/100
• State rank: #172
• US rank: #3175

Category grades

Amenities D Commute F Cost of living A+ Crime B+ Employment C- Housing A Health & safety A+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Ottawa, IL
• County: La Salle County · 41,676 people
• City population: 23,713
• Metro: Ottawa, IL
• Population (ZIP): 23,713
• Household income: $77,921
• Rent vs Own: 25.9% rent · 74.1% own
• Severe rent burden: 628.0

Population outlook (LaSalle County) Hauer SSP2

• Today (2025): 107,080 people
• By 2030: 104,196 · -2.7%
• By 2040: 97,413 · -9.0%
• By 2050: 90,294 · -15.7%
• By 2075: 76,252 · -28.8%
• By 2100: 61,339 · -42.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 9% Two or more races 4% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Romanian 6% Portuguese 5% Lithuanian 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3%

Political lean MEDSL · LaSalle

• 2024 margin: R (+18.5) · D 40.1% · R 58.6% · Other 1.3%
• 2008→2024 swing: -29.6pp toward R · 2008: 11.1pp · 2024: -18.5pp
• All cycles: 2024: R+18.5 2020: R+14.3 2016: R+14.4 2012: R+0.4 2008: D+11.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -84.46%
• Current HPI: 183.6833
• Rent YoY: —
• Metro: Ottawa, IL
• State GDP YoY: ▲ 1.59%
• F500 in state: 60

Industry mix (Fortune 500 HQ in IL)

Industry	F500 HQs	Revenue
▸Insurance	4	$201B
▸Consumer Goods	4	$87B
▸Industrial Machinery	3	$64B
▸Healthcare	2	$55B
▸Retail / Pharmacy	1	$148B
▸Agriculture / Food	1	$86B

Price history

-7.7% since first listed

26 events — show timeline

• 2026-05-22 Pending — MRED as Distributed by MLS Grid
• 2026-04-21 Contingent — MRED as Distributed by MLS Grid
• 2026-04-19 Relisted — MRED as Distributed by MLS Grid
• 2026-04-09 Pending — MRED as Distributed by MLS Grid
• 2026-04-06 Contingent — MRED as Distributed by MLS Grid
• 2026-03-25 Relisted — MRED as Distributed by MLS Grid
• 2026-01-27 Pending — NWIAR
• 2026-01-16 Contingent — MRED as Distributed by MLS Grid
• 2026-01-06 Price Changed $133,567 NWIAR
• 2026-01-05 Price Changed $133,567 MRED as Distributed by MLS Grid
• 2025-12-10 Price Changed $138,612 MRED as Distributed by MLS Grid
• 2025-12-06 Relisted — MRED as Distributed by MLS Grid
• 2025-09-05 Contingent — MRED as Distributed by MLS Grid
• 2025-08-27 Relisted — MRED as Distributed by MLS Grid
• 2025-08-14 Contingent — MRED as Distributed by MLS Grid
• 2025-08-09 Listed $138,612 NWIAR
• 2025-08-09 Listed $144,785 MRED as Distributed by MLS Grid
• 2024-12-04 Listing Removed — MRED as Distributed by MLS Grid
• 2024-09-27 Listed — MRED as Distributed by MLS Grid
• 2022-09-01 Contingent — MRED as Distributed by MLS Grid
• 2022-08-31 Listing Removed — MRED as Distributed by MLS Grid
• 2022-08-31 Price Changed — MRED as Distributed by MLS Grid
• 2022-08-19 Relisted — MRED as Distributed by MLS Grid
• 2022-08-15 Contingent — MRED as Distributed by MLS Grid
• 2022-07-19 Price Changed — MRED as Distributed by MLS Grid
• 2022-06-10 Listed — MRED as Distributed by MLS Grid

Property tax history

+12.1%/yr

Latest (2024): $3,054 · +9.3% YoY. Source: county tax records.