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    Ottawa, IL Short Term Rental Properties for Sale

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    Marseilles, IL Grand Ridge, IL North Utica, IL
    Ottawa Multifamily Investment Opportunity
    $360,000
    0.32 Acres
    Ottawa Multifamily Investment Opportunity

    621 Chapel Street, Ottawa, IL 61350

    Four-unit multifamily property with potential for a fifth unit.
    • Zoned multi‑family 4‑unit property with potential for a 5th unit
    • Currently producing an 8.7 cap rate, with room for improvement
    • New roof, gutters, soffit, fascia, and exterior paint completed in 2024‑25
    • 2 units have separate utilities; 2 units share utilities
    • Brick construction with flat and asphalt roofing
    Updated: Jan 23
    View details
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Ottawa, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    DeKalb Multifamily Investment Opportunity
    $649,900
    0.12 Acres
    DeKalb Multifamily Investment Opportunity

    Multifamily property for sale in DeKalb, Illinois.

    116 N 9th Street, Dekalb, IL 60115

    View details
    Two-Story Commercial Building in Washington
    $209,900
    0.12 Acres
    Two-Story Commercial Building in Washington

    Two-story commercial building with renovation potential in Washington, Illinois.

    120 Walnut Street, Washington, IL 61571

    View details
    Tangled Roots Investment Opportunity
    $4,900,000
    0.11 Acres
    Tangled Roots Investment Opportunity

    Multifaceted hub with restaurant, brew pub, and Airbnb units.

    140 Washington Square, Washington, IL 61571

    View details
    DeKalb Multifamily Investment Opportunity
    $649,900
    DeKalb Multifamily Investment Opportunity

    High-yield 6-unit property in DeKalb's thriving rental market.

    116 North 9th Street, Dekalb, IL 60115

    View details

    Ottawa, IL Short Term Rental Properties Market Trends and Statistics

    Explore 1 short term rental properties for sale in Ottawa, IL 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 $360,000.

    Sale prices for short term rental properties in Ottawa, IL start at $360,000, averaging $360,000, 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 2
    Quadplexes 2
    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 $360K

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaSalle County

    New Delisted

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