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Ottawa, IL Quadplexes for Sale

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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 23
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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: Dec 2, 2025
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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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New Multifamily Property in Ottawa
$640,000
0.68 Acres

New Multifamily Property in Ottawa

Four-unit multifamily property built in 2023, near downtown Ottawa.

201 24Th Ave, Ottawa, IL 61350
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

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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Joliet Multifamily Limestone Exterior
$579,999
0.29 Acres

Joliet Multifamily Limestone Exterior

Four-unit property with limestone exterior in Joliet, Illinois.

516 S Eastern Ave, Joliet, IL 60433
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Wheaton Multifamily Investment Opportunity
$750,000

Wheaton Multifamily Investment Opportunity

Four-unit multifamily property in Wheaton, Illinois, zoned C4.

123 N West St, Wheaton, IL 60187
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Wheaton Multifamily Investment Opportunity
$750,000

Wheaton Multifamily Investment Opportunity

Four-unit multifamily property in Wheaton, Illinois, zoned C4.

127 N West St, Wheaton, IL 60187
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Ottawa, IL Quadplexes Investment Opportunities Market Analysis

Explore 4 quadplexes for sale in Ottawa, IL, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 184,259 square feet of properties for sale, with an estimated market value of $1,830,000.

Prices for four-unit buildings in Ottawa, IL start at $395,000, averaging $610,000, and reaching up to $795,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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