200 Great Loop Drive — Ottawa, IL 61350
Active
Ottawa, IL 61350

200 Great Loop Drive

$4,650,000
0 beds · 0 baths
Listed at $4,650,000 7 days on market $60,832/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$4,650,000
List price
Square feet
Bedrooms
Bathrooms
2023
Year built
Lot size
Garage spaces
$60,832
Annual taxes
Multi Family 5+
Style
7
Days on market
04Features
Cooling
Central Individual
05Neighborhood
  • Red Dog Grill 450 ft
  • Nothing surfaced nearby in our maps data.
  • Nothing surfaced nearby in our maps data.
  • Nothing surfaced nearby in our maps data.
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 28, 2026
Listed for saleThis listing
Heritage Select Realty
$4,650,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

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08See it for yourself

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Listed by Heritage Select Realty · Jacob Valle · 815-403-7185
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12628029
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