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214 Great Loop Drive

Ottawa, IL 61350
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Bed 4

Bed

Bath 4

Bath

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 un it 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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Detail Ic Property Details

Property Type : Residential Income

Price : $1,075,000

AD Id : 90086687

MLS Id : MRD12741963

Beds : 4

Tax Amount : 14759.66

Year Built : 2023

County : LaSalle

Subdivision: Heritage Harbor

  • Map Map

Map

Feature Features

  • Bedroom Information

    Total Bedroom: 4

    Bathroom Information

    Total Baths: 4

    Room Information

    Rooms Total: 4

    Interior Features

    Roof: Asphalt

    Roofing Information

    Asphalt
  • Flooring Information

    Construction Materials: Other
  • Heating & Cooling

    Heating: Electric Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 2023

  • Lot Information

    Lot Dimensions: 56x45x56x45 Lot Description: Corner Lot, Other, Views Lot Size: Less Than .25 Acre

    Property Information

    Property Type: Residential Income Sub Type: Two to Four Units

  • Listing Price Information

    Original List Price:$1075000

  • Tax Information

    Annual Tax: $14759.66 Tax Year: 2025 Parcel Number: 1544404040

  • Parking Information

    Total Parking: 4 Assigned, Yes, Other Is Parking Included in Price: No

  • School Information

    Elementary School: Rutland Elementary School Junior High School: Rutland Elementary School Senior High School: Ottawa Township High School
  • Utility Information

    Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: Heritage Harbor City: Ottawa Direction: From I-80, south on Rt-71. South on N 2871st Rd. East on Canal Rd. South on Harbor View Drive. East on Great Loop Drive.
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ByOwner last updated this listing 09/04/2026 @ 06:20

MLS: MRED #12741963 LISTED BY: Jacob Valle, Heritage Select Realty 815-433-5000 SOURCE: Midwest Real Estate Data LLC (MRED) (Listings courtesy of Midwest Real Estate Data LLC (MRED) as distributed by MLS GRID)

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