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200 Great Loop Drive
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Sixteen-unit multifamily apartment building located in Ottawa
- Priced at four million six hundred fifty thousand dollars
- Current asset performance reflects a 3.99% cap rate
- Property is situated within the Illinois River Valley region
- Suitable for investors targeting established residential rental assets
What's Special
This multifamily asset comprises 16 apartment units situated at 200 Great Loop Drive in Ottawa, Illinois. The property currently operates at a 3.99% cap rate and is positioned within a regional market known for its proximity to key transportation corridors and growing community infrastructure. Ottawa serves as a commercial hub in LaSalle County, benefiting from steady demand for residential housing options throughout the Illinois River Valley. Investors may find this building suitable for long-term hold strategies aimed at stabilized rental income. The unit mix provides a manageable scale for regional operators seeking to expand their residential footprint in a developing suburban market. Its location allows tenants convenient access to local employment nodes and regional transit routes, supporting consistent occupancy potential for the apartment building.
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