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Ottawa, IL

Residential Income

Ottawa, IL Residential Income Properties for Sale

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Marseilles, IL Grand Ridge, IL North Utica, IL

New Multifamily Investment Opportunity

Updated: Feb 10

New Multifamily Investment Opportunity

201, 311, & Lot's 3-10 24th Avenue, Ottawa, IL 61350

$795,000

3.23 AC lot

Newer construction: built in 2023 with vinyl siding and an asphalt roof
8‑lot subdivision on 2.59 acres with zoning for single‑family or duplex use
4‑unit X2 duplex setup, fully occupied; cash flowing under market rents at $1,300 per unit
Each unit is 925 SF with a 2‑bedroom, 1‑bath layout and an open kitchen/living concept
Utilities: tenant pays water and electric; water source is public and sewer is public sewer

Two-Unit Residential Income Duplex

Updated: Jun 6

Two-Unit Residential Income Duplex

611 Webster Street, Ottawa, IL 61350

$199,900

Well‑maintained 2‑unit (2‑flat) home built in 1910 with public water and public sewer
Unit A (1 bed/1 bath) rented for $1,105/month; includes remodeled eat‑in kitchen and enclosed front porch used as a 2nd bedroom
Unit B (2 bed/1 bath) rented for $980/month; features a dining area and spacious living room
Both units are month‑to‑month; tenants pay gas and electric while owner pays water, sewer, and garbage
Both units have central air, kitchen appliances, and washer/dryer; Unit A tenant also has basement laundry and storage access

Three-Unit Multifamily Building

Three-Unit Multifamily Building

613 Webster Street, Ottawa, IL 61350

$259,900

Well-maintained 3-flat with central air, in-unit appliance sets, and shared washer and dryer access.

Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Ottawa Multifamily Investment Opportunity

Ottawa Multifamily Investment Opportunity

621 Chapel Street, Ottawa, IL 61350

$360,000

0.32 AC lot

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

Two-Unit Duplex with Separate Entrances

Two-Unit Duplex with Separate Entrances

520/522 E Main Street, Ottawa, IL 61350

$250,000

Spacious two-story duplex with mirror-image units, offering main-floor living and upper-level bedrooms.

Based on your search, we've compiled 18 Potential Opportunities for your consideration. Besides 5 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.

Opportunities in Nearby Cities

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

Updated Quadplex with Separated Utilities

Updated Quadplex with Separated Utilities

105 W Wilson Street, Streator, IL 61364

$224,900

Renovated four-unit building with updated kitchens and baths, fresh interiors, and tenant utility separation plus parking.

Streator Multifamily Residential Property

Streator Multifamily Residential Property

102 E Stanton Street, Streator, IL 61364

$163,828

Residential income property for sale in Streator, Illinois.

Mixed-Use Building with Apartment Potential

Mixed-Use Building with Apartment Potential

La Salle, IL 61301

$349,900

0.20 AC lot

Mixed-use building with six apartments and retail space potential.

LaSalle Bar with Residential Income

LaSalle Bar with Residential Income

945 1st St, La Salle, IL 61301

$174,999

2,800 sqft

Bar with rental apartment and outdoor development potential.

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

Residential Lot in Pembrook Subdivision

1402 SHAWS Lane lot: 37, Ottawa, IL 61350

$40,900

0.41 AC lot

Residential lot in Ottawa, IL, with access to recreational park.

Residential Land in Pembrook Subdivision

Residential Land in Pembrook Subdivision

1404 WALTER Way, Ottawa, IL 61350

$40,900

0.40 AC lot

Desirable corner lot with access to recreational park.

Residential Land in Pembrook Subdivision

Residential Land in Pembrook Subdivision

1401 SHAWS Lane, Ottawa, IL 61350

$40,900

0.44 AC lot

Desirable 0.44 acre lot with recreational park access.

Residential Lot in Pembrook Subdivision

Residential Lot in Pembrook Subdivision

1405 Shaws Lane, Ottawa, IL 61350

$40,900

0.29 AC lot

Desirable residential lot with recreational park access in Ottawa, IL.

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

Value Estimation by Request

0.18 AC lot

Multifamily properties

626 Madison St, Ottawa, IL 61350

Value Estimation by Request

6,288 sqft

1201-1217 Illinois Ave

Multifamily properties

1201-1217 Illinois Ave, Ottawa, IL 61350

Value Estimation by Request

6,724 sqft

Land

801 Etna Rd, Ottawa, IL 61350

Value Estimation by Request

Land

801 Etna Rd, Ottawa, IL 61350

Value Estimation by Request

7.75 AC lot

Ottawa, IL Residential Income Properties Market Trends and Statistics

Explore 10 residential income properties for sale in Ottawa, IL, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,883,800.

Sale prices for residential income properties in Ottawa, IL start at $199,900, averaging $376,760, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

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	$376.8K

Taxes & Financing

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaSalle County

New Delisted

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Most Searched ZIP Codes in Ottawa, IL

61350