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    Ottawa, IL Multifamily Properties 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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    Ottawa, IL - Triplex Investment
    $179,000
    0.30 Acres

    Ottawa, IL - Triplex Investment

    1248 Ottawa Ave, Ottawa, IL 61350

    Three-unit building in Ottawa, IL, with investment potential.

    • Three‑unit apartment building: Ideal for investors seeking multi‑family property.
    • Separate electric and gas meters for each unit: Simplifies utility management and billing for tenants.
    • Large lot with ample parking: Provides convenience for residents and potential for future development.
    • Vacant lower units: Offers immediate opportunity to set rental rates and select tenants.
    • Great location: Highlights a desirable area.
    Updated: Nov 24, 2025
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    Updated Duplex in Ottawa, IL
    $310,000
    0.19 Acres

    Updated Duplex in Ottawa, IL

    Updated duplex in Ottawa, Illinois, ideal for investors or owner-occupants.

    213 Deleon St, Ottawa, IL 61350
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    Ottawa, IL Residential Income Property
    $460,000

    Ottawa, IL Residential Income Property

    Multi-unit investment opportunity with four units and a four-car garage.

    718 Arch St, Ottawa, IL 61350
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    Ottawa, IL Duplex Investment
    $205,000

    Ottawa, IL Duplex Investment

    Two-unit duplex near downtown Ottawa, offering immediate rental income.

    718 W Jackson St, Ottawa, IL 61350
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    Based on your search, we've compiled 12 Potential Opportunities for your consideration. Besides 5 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

    Marseilles Multi-Unit Residential Income Property
    $219,900
    0.37 Acres

    Marseilles Multi-Unit Residential Income Property

    Two-unit property in Marseilles, IL, with conversion potential.

    1019-1021 Bluff Pl, Marseilles, IL 61341
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    Marseilles Riverfront Commercial Condo
    $1,300,000
    375,000 SF

    Marseilles Riverfront Commercial Condo

    Nine-story building, 375,000 sq ft, river views.

    224 Main St, Marseilles, IL 61341
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    Updated Park Model in Gated Community
    $54,500
    0.11 Acres

    Updated Park Model in Gated Community

    Turnkey retreat with amenities in Woodsmoke Ranch, Seneca, IL.

    2795 E 28Th Rd, Seneca, IL 61360
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    Woodsmoke Ranch Lots For Sale
    $42,900

    Woodsmoke Ranch Lots For Sale

    Two lots with furnished park model in gated community.

    2795 E 28Th Rd, Seneca, IL 61360
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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.

    626 Madison St

    626 Madison St

    Multifamily properties • 6,288 SF
    Value Estimation by Request
    626 Madison St, Ottawa, IL 61350
    View details
    1201-1217 Illinois Ave

    1201-1217 Illinois Ave

    Multifamily properties • 6,724 SF
    Value Estimation by Request
    1201-1217 Illinois Ave, Ottawa, IL 61350
    View details
    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
    View details

    Ottawa, IL Multifamily Properties Investment Opportunities Market Analysis

    Explore 8 multifamily properties for sale in Ottawa, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 34,848 square feet of properties for sale, with an estimated market value of $1,108,900.

    Prices for multifamily properties in Ottawa, IL start at $145,000, averaging $277,225, 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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    Browse Multifamily properties for Sale Near Ottawa, IL

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    Most Searched ZIP Codes in Ottawa, IL

    • 61350

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