Turnkey 4-Unit Brick Multifamily | 7.8% Cap Rate | Separately Metered with Premium Rents | Ottawa, IL Property Overview: Excellent opportunity to acquire a cash-flowing, fully renovated, four-sided brick quadplex in the high-demand Ottawa submarket. Commanding premium rents of $1,400 per unit ($5,600 total monthly gross), this asset has been completely updated with new durable laminate flooring, modern light and plumbing fixtures, and fresh interior paint. Designed for low-overhead, hands-off management, the property features dedicated tenant utilities, individual furnaces, and an attractive amenity package that ensures high tenant retention. Investment Highlights: Strong Cash Flow: Strong $41,564 Net Operating Income (NOI) trading at a true ~7.85% Cap Rate based on the suggested list price. Tenant-Paid Utilities: Tenants pay all individual utilities; units feature separate meters and independent individual furnaces. Landlord exposure to utility volatility is zero. Turnkey Condition: Capital Expenditure (CapEx) has been completely mitigated with brand new interior finishes and low-maintenance brick construction. Premium Tenant Amenities: Includes highly coveted off-street parking, free common laundry, and designated secure basement storage units. Stabilized Income: Strong tenant mix featuring 3 stable long-term leases providing immediate cash security, and 1 month-to-month lease offering immediate operational flexibility.