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    Ottawa, IL
    Multifamily

    Ottawa, IL Multifamily Properties for Sale

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    Naplate, IL Marseilles, IL Wedron, IL Grand Ridge, IL Utica, IL Oglesby, IL La Salle, IL Seneca, IL
    Two-Unit Duplex with Rear Deck
    Updated: Oct 2
    Two-Unit Duplex with Rear Deck

    702 4th Avenue, Ottawa, IL 61350

    $255,000
    Both sides of the duplex are included in the sale
    Four bedrooms, two full bathrooms, and two half‑bathrooms across the property
    Two‑level layout in each unit
    Shared deck spans the rear of the building
    Brick construction; built in 1920
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    Renovated Three-Unit Triplex
    Updated: Sep 16
    Renovated Three-Unit Triplex

    646 Webster Street, Ottawa, IL 61350

    $339,900
    Three‑unit apartment building in Ottawa’s Historic District
    Extensive renovation work includes kitchens, bathrooms, flooring, windows, doors, roof, siding, and porches
    Individual furnace and water heater for each unit
    Laundry hookups in all three units
    Public water and public sewer
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    Brick Quadplex with Balconies
    Brick Quadplex with Balconies

    621 Chapel Street, Ottawa, IL 61350

    $360,000
    0.32 AC lot

    Four-unit multifamily property with recent exterior improvements and a location near downtown Ottawa dining and shopping.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Updated Duplex
    Updated Duplex

    213 Deleon Street, Ottawa, IL 61350

    $175,000

    Two refreshed units support either owner occupancy with rental income or a traditional rental arrangement.

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    Remodeled Brick Duplex
    Remodeled Brick Duplex

    702 4th Avenue, Ottawa, IL 61350

    Contact for pricing

    Solid brick duplex offers two remodeled two-bedroom, 1.5-bath units with a large backyard and brand-new back deck.

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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

    Opportunities in Nearby Cities

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

    3-Unit Remodeled Triplex
    3-Unit Remodeled Triplex

    3464 E 2062nd Road, Wedron, IL 60557

    $209,900

    The property includes a mix of one- and two-story residences, each updated in 2022.

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    Park Model RV with Covered Deck
    Park Model RV with Covered Deck

    2795 E 28th Lot 661 Road, Seneca, IL 61360

    $70,000

    Furnished park model in a gated campground community with loft storage, upgraded insulation, and access to shared recreational amenities.

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    Three-Unit Building with Outdoor Space
    Three-Unit Building with Outdoor Space

    420 24th Avenue, Naplate, IL 61350

    Contact for pricing

    Fully occupied triplex with separate utilities, in-unit laundry, assigned parking, and individual heating and cooling systems.

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    Furnished RV Park Model with Deck
    Furnished RV Park Model with Deck

    2795 E 28th Lots 85 & 86 Road, Seneca, IL 61360

    $39,800

    Two adjoining recreational lots include a furnished park model, separate electrical services, and access to gated community amenities.

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    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.

    41 Great Loop W Dr
    APARTMENT HOUSE (5+ UNITS)

    41 Great Loop W Dr, Ottawa, IL 61350-9109

    Estimated value:
    $145,000
    0.18 AC lot
    View details
    1201-1217 Illinois Ave
    Multifamily properties

    1201-1217 Illinois Ave, Ottawa, IL 61350

    Estimated value: by Request
    6,724 sqft
    View details

    Ottawa, IL Multifamily Properties Market Trends and Statistics

    Explore 8 multifamily properties for sale in Ottawa, IL, showcased through 5 active listings on our real estate platform.

    Sale prices for multifamily properties in Ottawa, IL start at $175,000, averaging $282,475, and reaching up to $360,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Quadplexes 1
    Short term rental properties 1
    Triplexes 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) +0.7%
    Median Household Income $77,562
    College Educated 27.7%

    High-Yield Neighborhoods for Investment

    Identify Ottawa submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    61350 $291.6K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaSalle County

    New Delisted

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