200 Great Loop DR, Ottawa, IL 61350
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200 Great Loop DR, Ottawa, IL 61350
200 Great Loop DR, Ottawa, IL 61350
200 Great Loop DR, Ottawa, IL 61350
200 Great Loop DR, Ottawa, IL 61350
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Mario Bilotas

Mario Bilotas

+1(847) 910-5022
$ 4,650,000
Est. payment /mo
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200 Great Loop DR Ottawa, IL 61350

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12628029

Year Built 2023

Annual Tax Amount $60,832

Tax Year 2024

Lot Dimensions 56x45x56x45

Property Sub-Type Multi Family 5+

Property Description

4 building portfolio, willing to divide! Exceptional opportunity to acquire a 16-unit portfolio comprised of four newer four-unit buildings, each situated on its own separate lot and PIN within Heritage Harbor in Ottawa, Illinois. Built in 2023, these properties offer modern construction with durable, low-maintenance materials designed for efficient ownership and long-term performance. All units are fully furnished and turnkey, with each unit individually metered for utilities-supporting clean operations and flexible rental management. The buildings are well-positioned to serve a range of rental uses, including short-term vacation stays, weekend getaways, group accommodations, corporate housing, and longer-term tenancy. Thoughtful design elements such as inviting front porches and convenient rear parking enhance the overall guest and resident experience, while two of the buildings capture attractive water and sunset views. Located within Heritage Harbor, a growing marina resort community along the Illinois River, the portfolio benefits from a setting designed around lifestyle and recreation. Owners and guests enjoy access to amenities including a pool, fire pits, activity cabins, open green space, marina access, boat rentals, and on-site dining and entertainment. Ongoing investment and expansion within the resort continue to increase visibility, traffic, and overall appeal. On-site management through Harbor Inn supports consistent operations, while The Vue, a new 250-person event venue opening Fall 2026, reflects continued investment in the growth and evolution of the community. Beyond the resort itself, the property is positioned within the Starved Rock region-one of Illinois' most visited outdoor destinations. Located approximately 90 minutes from Chicago, the area draws consistent tourism with four state parks within a 15-minute drive, including Starved Rock State Park, known as the most visited state park in Illinois. The combination of natural beauty, recreation, and proximity to a major metro area supports year-round appeal. With scale, modern construction, and a location embedded within both a destination resort and a high-traffic tourism corridor, this portfolio presents a compelling opportunity for investors seeking stable income today with the ability to further refine and evolve the asset over time.

Location

State IL

County Lasalle

Area Danway / Dayton / Naplate / Ottawa / Prairie Center

Rooms

Basement Finished, Unfinished

Interior

Cooling Central Individual

Fireplace N

Exterior

Utilities Available Fiber

Building

Dwelling Type Multi Family 5+

Water Municipal Water

Others

HOA Fee Include Parking,Pool,Lawn Care,Other

Midwest Real Estate Data (MRED) IDX
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jacob Valle of  Heritage Select Realty 

Nearby School & Business

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MY BLOGS

feature image of Vacant Land Scams are REAL
Vacant Land Scams are REAL
About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell
feature image of THE FRONT PORCH SWING
THE FRONT PORCH SWING
Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow
feature image of less is more, unless, it’s for less.
less is more, unless, it’s for less.
I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds
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Mario Bilotas

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Phone

+1(847) 910-5022

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA

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