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Ottawa, IL Residential Income Properties for Sale

6 results
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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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Investment Property with Two Homes
$250,000
1.48 Acres

Investment Property with Two Homes

2550 N State Rte 23 Hwy N, Ottawa, IL 61350

Two homes and a heated shop on 1.48 acres.

  • Investment property featuring two homes and a heated shop on 1.48 acres
  • AG‑1 zoning in unincorporated Ottawa offers a lower tax rate
  • Heated 26x46 shop with 2 garage doors and workshop areas
  • Each structure has its own electric meter; homes have separate gas meters
  • First home (1374sf) offers 3 bedrooms, 1 bath, full basement, and updated central air (2018), sump pumps (2019), and chimney (2019)
Updated: Dec 10, 2025
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Ottawa, IL - Triplex Investment
$179,000
0.30 Acres

Ottawa, IL - Triplex Investment

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

1248 Ottawa Ave, Ottawa, IL 61350
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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 19 Potential Opportunities for your consideration. Besides 6 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 5 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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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Lot in Gated Community
Contact for pricing
0.11 Acres

Lot in Gated Community

Maintenance-free lot with amenities in Woodsmoke Ranch, Seneca, IL.

2795 E 28Th Rd, Seneca, IL 61360
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Residential Lot in Pembrook Subdivision
$40,900
0.44 Acres

Residential Lot in Pembrook Subdivision

Residential land in Ottawa, IL, with recreational park access.

1401 Shaws Ln, Ottawa, IL 61350
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Ottawa Land For Sale
$875,000
7.75 Acres

Ottawa Land For Sale

7.75 acres in Ottawa I-80 commercial TIF and Enterprise zone.

801 E Etna Rd, Ottawa, IL 61350
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Ottawa Wooded Land Opportunity
$65,900
1.93 Acres

Ottawa Wooded Land Opportunity

1.93 acre wooded lot near Ottawa, Illinois.

2974 E 1489Th Rd, Ottawa, IL 61350
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Wooded Land Opportunity in Ottawa
$65,900
1.34 Acres

Wooded Land Opportunity in Ottawa

1.34 acre wooded lot near Ottawa, Illinois.

2970 E 1489Th Rd, Ottawa, IL 61350
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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
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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 Residential Income Properties Investment Opportunities Market Analysis

Explore 9 residential income properties for sale in Ottawa, IL, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 99,317 square feet of properties for sale, with an estimated market value of $1,358,900.

Prices for residential income properties in Ottawa, IL start at $145,000, averaging $271,780, 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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