Courtesy: Apex Real Estate Brokerage Inc
815-609-1000
HOUSE HACKERS and INVESTORS wanted! Did you know that as a FIRST-TIME HOMEBUYER-or ANY BUYER planning to occupy the property as their primary residence-you can purchase a 2-unit, 3-unit, or even a 4-unit property? By living in one unit and renting out the others, you may be able to use the rental income to help qualify for the mortgage and offset your monthly housing expenses. This strategy, often called "house hacking," can be a great way to start building wealth through real estate while enjoying the benefits of homeownership. INVESTORS, add a solid income-producing property to your portfolio. Well-maintained 2-story, 3-flat in the heart of Ottawa! The 2nd-floor UNIT A is currently rented for $1,100 per month. It includes 2 bedrooms, 1 bathroom, a kitchen, and a spacious living room. The unit was remodeled in 2025. The 1st-floor UNIT B is currently rented for $1,025 per month and features 1 bedroom, 1 bathroom, a kitchen with a dining area, a large living room, and a spacious front porch. UNIT C, located in the rear of the building, features 1 bedroom, 1 bathroom, a kitchen, and a spacious living room. All 3 tenancies are currently month-to-month. Tenants pay gas and electric. Owner pays water, sewer, and garbage. All units feature central air, kitchen appliances, plus access to a washer and dryer. Looking to expand your portfolio? The neighboring property at 611 Webster Street, a 3-unit building, is also available for sale. LOCATION, LOCATION, LOCATION! Situated in the heart of Ottawa and within walking distance to downtown, you'll enjoy easy access to the new YMCA, local restaurants, shops, the summer farmers market, winter Kris Kringle Market, seasonal wine and beer festivals, and more. Just minutes from Starved Rock State Park and Matthiessen State Park, with convenient access to Route 6 and Interstate 80. CONTACT THE LISTING BROKER for information on major area employers and future city development plans.
Courtesy: Apex Real Estate Brokerage Inc
815-609-1000
HOUSE HACKERS and INVESTORS wanted! Did you know that as a FIRST-TIME HOMEBUYER-or ANY BUYER planning to occupy the property as their primary residence-you can purchase a 2-unit, 3-unit, or even a 4-unit property? By living in one unit and renting out the others, you may be able to use the rental income to help qualify for the mortgage and offset your monthly housing expenses. This strategy, often called "house hacking," can be a great way to start building wealth through real estate while enjoying the benefits of homeownership. INVESTORS, add a solid income-producing property to your portfolio. Well-maintained 2-story 2-flat in the heart of Ottawa! The 1st-floor UNIT A is currently rented for $1,105 per month. It includes 1 bedroom, 1 bathroom, a remodeled eat-in kitchen, a spacious living room, and an enclosed front porch currently used as a 2nd bedroom. The Unit A tenant also enjoys use of the basement with laundry and storage and a 2.5-car garage with. The 2nd-floor UNIT B is currently rented for $980 per month. The unit features 2 bedrooms, 1 bathroom, a dining area, and a spacious living room. Both tenancies are month-to-month. Tenants pay gas and electric. Owner pays water, sewer, and garbage. Both units feature central air, kitchen appliances, plus washer and dryer. Most thermo-pane windows have been replaced within the last 5 to 7 years, with the exception of the front bay window. Looking to expand your portfolio? The neighboring property at 613 Webster Street, a 3-unit building, is also available for sale. LOCATION, LOCATION, LOCATION! Situated in the heart of Ottawa and within walking distance to downtown, you'll enjoy easy access to the new YMCA, local restaurants, shops, the summer farmers market, winter Kris Kringle Market, seasonal wine and beer festivals, and more. Just minutes from Starved Rock State Park and Matthiessen State Park, with convenient access to Route 6 and I-80 for an easy commute. CONTACT THE LISTING BROKER for a list of major area employers, economic development information, and upcoming city growth and expansion plans. STELLAR LOCATION!
Courtesy: Coldwell Banker Real Estate Group
815-433-5501
Just a mile from Downtown Ottawa, this beautiful, historic, all-brick, 2 story duplex is located on the south side of Ottawa. With a move-in ready unit on one side and a long term tenant on the other, this is an excellent investment opportunity with immediate income. Currently occupied, the 801 unit features a 2 bed/1 full bath upstairs, in addition to a basement with suitable living space, a 1/2 bath, laundry, and is capable of an additional bedroom. The move-in ready 803 unit features 3 bed/1.5 bath. It has been freshly updated with new flooring, carpet, and floor to ceiling paint. The basement of 803 also provides laundry, a half bath, and additional living space potential. Each unit offers its own fenced in yard space and a one-car detached garage. Both units also include a walk-up bonus room / attic for storage. One of the bedrooms of unit 801 has been converted to a utility/storage room for the owner with it's own exterior entrance. This could be reverted to a bedroom for the 801 side or modified for 3rd unit potential. Further updates include: windows and ACs 2017, 801's furnace 2017, roof 2015. This duplex a great opportunity for homeowners looking to move in and build equity while generating income, or for multifamily investors.
Courtesy: Windsor Realty
815-434-2122
Location! Location! Great investment opportunity in this spacious 2- story duplex in Ottawa's historic east side. This charming 2-story duplex offers identical, mirror image layouts for both units. Perfect for comfortable living, each unit provides privacy and space of a single family home. The bright and airy units feature 3 bedrooms, 1.5 bathrooms, living room, dining room, eat-in kitchen, back porch, and main floor laundry. The design offers great separation between living space on the main level and sleeping areas on the upper level. Basement access with both interior and exterior entry-great for storage or workshop. Conveniently located within walking distance to downtown shopping district and dining, public east side park, and the Illinois and Fox Rivers. Enjoy the perfect blend of historic charm, river recreation and vibrant downtown living right outside your door.
Courtesy: Landmark Realty of Illinois LLC
815-875-1221
Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking distance to shopping, restaurants, and everyday amenities. This solid income-producing property generates approximately $41,000 annually in gross rental income, with all four units currently rented at $850 per month. Three of the four units were extensively remodeled in 2025, offering updated interiors that appeal to tenants and help minimize future maintenance costs. Each unit includes its own refrigerator, stove, window A/C unit, and individual heating controls for added tenant comfort and efficiency. Tenants pay their own gas and electric utilities, helping keep owner expenses low. Major exterior and mechanical updates include a new roof in 2016, new siding in 2020, a new blacktop driveway in 2025, two new water heaters installed in 2025, and a boiler pump replaced in 2025. Strong cash-flow opportunity with numerous recent improvements already completed. Whether you are expanding your portfolio or looking for a reliable turnkey investment, this Ottawa multi-unit property is one to see!
Courtesy: RE/MAX 1st Choice
815-434-3337
This solid brick duplex at the end of a quiet dead-end street on Ottawa's south side is a rare turnkey find for an investor or an owner-occupant looking to supplemant their mortgage. Both units have been remodeled with a functional two-bedroom, 1.5-bath layout, bridging the gap between historic character and modern rental demands. Recent updates provide immediate move-in readiness and long-term mechanical peace of mind. The property sits on a lot with a large backyard while featuring a brand-new back deck, offering the kind of private outdoor space that significantly increases tenant retention. Tucked away from through-traffic yet close to local amenities, this duplex is a high-utility asset ready for immediate occupancy.
Courtesy: Keller Williams Innovate
630-423-8223
X2 Duplex's for a total of 4 units and 2.59 acres subdivided into 8 lots zoned for single family or duplex's. Units built in 2023 are fully occupied, cash flowing under market rents currently at $1300 per unit. Each unit equipped with 925sf, 2 bed, 1 bath, open kitchen/living room concept and everything near new condition. Tenant pays water & electric. Located min from downtown Ottawa and Starved Rock State Park.
Courtesy: Local Realty Group, Inc.
815-339-1158
Great Investment Opportunity located in beautiful downtown Ottawa! This rental property includes 3 Units. One of them being a beautiful home. This home includes a loft master suite with an abundance of storage, jacuzzi tub, skylights, and a private upper deck located right off the master suite! The lower floor of the home is an open concept floor plan. This home has a paved lower deck, vinyl fencing, as well as a 2 car garage! Right next door you will find a two unit rental. Lower unit has two bedrooms and one bath. Upper unit has two bedrooms and one bath, with a bonus room! This is a great investment property located near beautiful Starved Rock Park and many other amenities. Start generating rental income now. Don't wait, this great investment opportunity is going to go fast!!
Courtesy: Keller Williams Innovate
630-423-8223
ATTENTION INVESTORS! Zoned multi-family this 4 unit with potential for 5th is currently producing 8.7 cap rate with lots of room for improvement whether long term tenants or airbnb. Located in the historic district of Ottawa IL and walking distance of downtown which offers much variety of restaurants and shopping. Many recent improvments including newly renovated unit, new roof, gutters, soffit, fascia, exterior paint, all in 2024-25. 2 units have separate utilites and 2 units share utilties.
Courtesy: GenStone Realty
312-471-2739
718 Arch St in Ottawa, IL offers a unique multi-unit investment opportunity with four total units split between two separate buildings, plus a spacious 4-car detached garage. Each building contains two units, providing flexibility for rental income or owner occupancy. The layout allows for multiple income streams and reduced vacancy risk, making it an excellent choice for investors seeking strong cash flow potential. Conveniently located near local amenities and major routes, this property combines functionality, versatility, and long-term earning potential in one attractive package.
Courtesy: GenStone Realty
312-471-2739
213 DeLeon St in Ottawa, IL features two nicely updated units, offering a fantastic opportunity for both investors and owner-occupants. Each unit has been refreshed with thoughtful updates throughout, creating a comfortable and attractive living space. This property could serve as a strong cash-flowing asset with solid rental potential, or as an ideal setup to live in one unit while renting the other. With its modernized condition and dual-unit versatility, this property combines functionality and investment appeal in a convenient Ottawa location.
Ottawa is located in Illinois. Ottawa, Illinois has a population of 18,719. Ottawa is more family-centric than the surrounding county with 29.04% of the households containing married families with children. The county average for households married with children is 25.66%.
The median household income in Ottawa, Illinois is $61,083. The median household income for the surrounding county is $62,825 compared to the national median of $69,021. The median age of people living in Ottawa is 39.7 years.
The average high temperature in July is 84 degrees, with an average low temperature in January of 14.4 degrees. The average rainfall is approximately 37 inches per year, with 21.1 inches of snow per year.
