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Ottawa, IL Quadplexes for Sale

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New Multifamily Investment Opportunity
$795,000
3.23 Acres

New Multifamily Investment Opportunity

201 s 24Th Ave, Ottawa, IL 61350

Four units built in 2023, fully occupied, near downtown Ottawa.

  • Four fully occupied, cash‑flowing units built in 2023.
  • 2.59 acres subdivided into 8 lots zoned for single family or duplexes.
  • Located minutes from downtown Ottawa and Starved Rock State Park.
  • Each unit features 2 beds, 1 bath, and an open kitchen/living room concept.
  • Tenants pay water and electric.
Updated: Feb 16
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Ottawa Multifamily Investment Opportunity
$395,000
0.32 Acres

Ottawa Multifamily Investment Opportunity

621 Chapel St, Ottawa, IL 61350

Four-unit multifamily property with potential for a fifth unit.

  • High 8.7% Cap Rate with potential for improvement.
  • Zoned multi‑family with 4 units and potential for a 5th unit.
  • Recent renovations in 2024‑2025 including new roof, gutters, soffit, fascia, and exterior paint.
  • Located in the historic district of Ottawa IL, walking distance to downtown restaurants and shopping.
  • Two units have separate utilities.
Updated: Jan 29
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Multi-Unit Investment Opportunity in Ottawa
$349,999

Multi-Unit Investment Opportunity in Ottawa

Multi-unit property with four units and a four-car garage.

718 Arch St, Ottawa, IL 61350
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Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

Explore Opportunities in Nearby Cities

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

Commercial Property Near I-80
$520,000
1.02 Acres

Commercial Property Near I-80

Commercial-zoned property near I-80 and Route 53 with high visibility.

1610 S Chicago St, Joliet, IL 60436
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Renovated Joliet Multifamily Income Property
$450,000

Renovated Joliet Multifamily Income Property

Four-unit property near downtown Joliet with immediate rental income.

620 Clement St, Joliet, IL 60435
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Rockford Multifamily Investment Opportunity
$220,000

Rockford Multifamily Investment Opportunity

All brick four-unit building, fully rented, generating $3,290 monthly.

1125 9Th St, Rockford, IL 61104
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ROCKFORD Four-Unit Multifamily Property
$219,900
1,388 SF

ROCKFORD Four-Unit Multifamily Property

Four-unit multifamily property in ROCKFORD, IL, with recent renovations.

1443 8Th St, Rockford, IL 61104
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Ottawa, IL Quadplexes Investment Opportunities Market Analysis

Explore 3 quadplexes for sale in Ottawa, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 154,638 square feet of properties for sale, with an estimated market value of $1,190,000.

Sale prices for four-unit buildings in Ottawa, IL start at $395,000, averaging $595,000, and reaching up to $795,000 — 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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