Courtesy: Keller Williams Infinity
630-778-5800
Rare opportunity to acquire both sides of a versatile duplex under a single transaction! Each side features a functional two-level layout designed to maximize space and privacy, offering a bright family room, a kitchen, and a convenient half-bathroom on the main floor. The upper levels each house two bedrooms and a full bathroom (totaling 4 bedrooms and 2 full and 2 half bathrooms across the property). Outdoors, a large, shared deck spans the rear, creating an ideal setting for entertaining or relaxation. Perfect for savvy investors looking for dual rental income or multi-generational buyers desiring neighboring living quarters.
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: Coldwell Banker Real Estate Group
815-744-1000
LIKE NEW! 3-UNIT APARTMENT BUILDING LOCATED IN OTTAWA'S HISTORIC DISTRICT! This beautiful newly renovated 3-unit apartment building has all the charm and character of Ottawa's Historic District with many new and updated features. All of the hard work has already been done, making this a great opportunity for investors or owner-occupants. Updates include: All new electrical with USB outlets, Updated plumbing, Almost all new windows, Almost all new interior and Exterior doors, Updated kitchens, Updated Bathrooms, New flooring and finishes, New roof and siding, New porches, Each unit has its own furnace and water heater, Laundry hookups in each unit. This property is in a desirable ,walkable downtown location and offers the opportunity for long-term rentals, owner-occupied living with rental income or short term rentals. The hard work is done! Move-in ready! Set up your appointment today!
Courtesy: Coldwell Banker Real Estate Group
815-744-1000
Like New! Almost everything has been updated! All New electric, updated plumbing, All New light fixtures, updated Bathrooms, updated Kitchens, all New Flooring thru-out with engineered flooring and porcelain Tile, almost All New windows, all new doors, New Roof, New Siding, New Porches and freshly painted inside and outside makes this building move-in ready. This Stunning three-unit apartment building is a rare opportunity for investors or owner-occupants seeking long term income potential. This exceptional property beautifully blends historic charm with modern functionality and investment appeal. Located in Ottawa's desirable Historic District, the building showcases timeless architecture, exceptional curb appeal, and the character that makes historic properties truly special. Enjoy the convenience of being within walking distance of grocery shopping, the YMCA, the Illinois River, Parks, and downtown restaurants, bars and local amenities. Each of the three units features its own furnace, water heater, washer and dryer hookups, providing individually controlled utilities and added convenience for both owners and tenants. Beyond traditional long-term rentals, the property also offers Airbnb or short-term rental potential, providing an additional avenue for future income and flexibility. Whether you're looking to expand your investment portfolio, generate rental income, or take the first step toward greater financial freedom through real estate, this beautiful three-unit apartment Building is what you are looking for. Schedule your private showing today and discover the charm, versatility, walkable location, and income potential this exceptional property has to offer!
Courtesy: The Chrysalis Group
815-433-4030
Turnkey investment opportunity! This fully occupied 2-unit duplex is situated on a large corner lot on Ottawa's west side. The recently remodeled lower unit offers 3 bedrooms and 2 bathrooms, including an ensuite bath, while the upper unit features 1 bedroom and 1 bathroom. Both units have attractive, updated finishes and are ready to continue generating rental income with no work needed. Tenants pay their own utilities, except water and lawn care. The large backyard is nearly fully enclosed with a tall privacy fence and includes a storage shed for tenant use. A 2-car garage, currently reserved for owner use, offers potential for future shared tenant parking or an additional amenity. A well-maintained, fully occupied property ready to add to your investment portfolio!
Courtesy: Heritage Select Realty
815-433-5000
Rare opportunity to own a turnkey 4-unit multifamily investment property within Heritage Harbor, a premier marina-resort community in Ottawa, Illinois, in the heart of Starved Rock Country and approximately 90 minutes from Chicago. 214 Great Loop Drive is one of four similar Canal Quarters multifamily buildings currently being offered for sale, available individually or together as a 16-unit investment portfolio. Built in 2023, this thoughtfully designed 4-flat features four fully furnished 1-bedroom, 1-bath residences, each approximately 580 square feet. Open-concept floor plans, quartz countertops, luxury vinyl plank flooring, stainless steel appliances, modern finishes and energy-efficient mechanical systems were selected with durability and low-maintenance ownership in mind. Each unit is individually metered for water/sewer and electric, providing additional flexibility for rental operations. The property is currently operated with a mix of short-term vacation and longer-term rentals, providing an investor with flexibility to adjust the rental mix based on market demand. Onsite professional management is available for both short-term vacation rentals and long-term residential leasing, including marketing, reservations, guest services, housekeeping coordination, tenant management and property oversight. Located in Heritage Harbor's walkable Navvy Town neighborhood, Canal Quarters is just steps from the marina and Harbor Walk and within a short walk of waterfront dining, pickleball, beach volleyball and other resort amenities. Heritage Harbor features a 32-acre full-service marina, five outdoor pools, more than five miles of walking and biking trails, waterfront recreation and year-round events and programming. Minutes from Starved Rock State Park and downtown Ottawa, this offering combines newer construction, furnished turnkey units, flexible rental strategies, onsite management and the amenities of an established waterfront resort. Purchase 214 Great Loop individually or inquire about acquiring all four Canal Quarters buildings and 16 units as a portfolio.
Courtesy: Allison Towne Realty, 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: 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: 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.
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.
