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Ottawa, IL Apartment Buildings for Sale

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Former Montgomery Ward Building
$474,900
0.13 Acres

Former Montgomery Ward Building

800 La Salle St, Ottawa, IL 61350

Four-level building suitable for retail, office, and residential use.

  • High‑traffic location on one of Ottawa's busiest streets.
  • Substantial size: 5,400 sq ft per level, totaling four levels.
  • Versatile space suitable for retail, office, or residential use.
  • Value‑add opportunity for investors/developers through rehabilitation.
  • Durable brick construction.
Updated: Oct 29, 2025
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 1 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Turnkey Pizzeria & Bar with Apartments
$490,000
0.16 Acres

Turnkey Pizzeria & Bar with Apartments

Pizzeria, sports bar, and apartments in historic downtown Mendota.

801 6Th St, Mendota, IL 61342
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Mendota, IL Multifamily Investment
$5,600,000

Mendota, IL Multifamily Investment

56-Unit Apartment Complex, Excellent ROI

205 Sandra Ave, Mendota, IL 61342
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Mixed-Use Building with Apartments
$250,000
0.16 Acres

Mixed-Use Building with Apartments

Commercial building with four rented apartments in downtown Mazon.

518 Depot St, Mazon, IL 60444
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Well-Maintained 9-Unit Apartment Building
$649,000
0.23 Acres

Well-Maintained 9-Unit Apartment Building

9-unit apartment building with detached Morton building for additional income.

400 Main St, Mazon, IL 60444
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Explore Off-Market Properties in Ottawa, IL

Consider similar Off-Market properties in Ottawa, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1201-1217 Illinois Ave

1201-1217 Illinois Ave

Multifamily properties • 6,724 SF
Value Estimation by Request
1201-1217 Illinois Ave, Ottawa, IL 61350
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41 Great Loop W Dr

41 Great Loop W Dr

APARTMENT HOUSE (5+ UNITS) • 0.18 Acres
Value Estimation
$145,000
41 Great Loop W Dr, Ottawa, IL 61350-9109
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Ottawa, IL Apartment Buildings Investment Opportunities Market Analysis

Explore 3 apartment buildings for sale in Ottawa, IL on our real estate platform. These investment opportunities span a total of 13,504 square feet of properties for sale, with an estimated market value of $619,900.

Prices for two-family homes in Ottawa, IL start at $145,000, averaging $309,950, and reaching up to $474,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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