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    Ottawa, IL
    Short Term Rental

    Ottawa, IL Short Term Rental Properties for Sale

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    Marseilles, IL Grand Ridge, IL North Utica, IL Utica, IL La Salle, IL Seneca, IL Oglesby, IL Sheridan, IL
    4-Unit Quadplex with Balcony
    Updated: Jan 23
    4-Unit Quadplex with Balcony

    621 Chapel Street, Ottawa, IL 61350

    $360,000
    0.32 AC lot
    4‑unit quadplex zoned multi‑family with reported 8.7 cap rate
    0.32‑acre lot with brick construction
    Balcony and porch
    Two units have separate utilities; two units share utilities
    Exterior improvements completed 2024‑2025 including new roof, gutters, soffit, fascia, and exterior paint
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Two-Story Mixed-Use Commercial Building
    Two-Story Mixed-Use Commercial Building

    902 North Main Street, Princeton, IL 61356

    $309,000
    5,005 sqft

    Two-story commercial building with floor-to-ceiling front windows, multiple interior partitions, and two rental units on the second floor.

    View details
    Beverly Mixed-Use Investment Opportunity
    Beverly Mixed-Use Investment Opportunity

    2022 W 95th Street, Chicago, IL 60643

    $945,000
    6,250 sqft

    Renovated Chicago mixed-use building with restaurant, office, and residential units.

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    Fully Renovated Two-Unit Duplex
    Fully Renovated Two-Unit Duplex

    5310 South Wood Street, Chicago, IL 60609

    $442,500
    2,964 sqft

    Fully renovated two-unit property offering duplex-style layouts, including a finished basement with wet bar in Unit 1.

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    Two-Story Mixed-Use Commercial Building
    Two-Story Mixed-Use Commercial Building

    902 N Main Street, Princeton, IL 61356

    $299,000
    0.11 AC lot

    Two-story building with updated roof, rooftop HVAC, and second-floor rental units, one currently operating as an Airbnb.

    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.

    Sale prices for short term rental properties in Ottawa, IL average $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

    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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