Real Estate Investment Properties for Sale in Ottawa, IL

Looking for investment property in Ottawa, IL with high ROI ?

Explore a variety of short-term homes & houses in Ottawa, IL. Invest wisely with VRBO & Ottawa, IL Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Ottawa, IL

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1199 N 27th Rd OTTAWA, IL Lakefront Retreat in Starved Rock Country: A Rare Find. Discover the ultimate lakeside ret...	2 beds \| 2 baths \| 2,294 sq.ft.	$2,200,000	Airbnb cash on cash: -1.23% Traditional cash on cash: -0.2% Airbnb Rental Income: $943 Traditional Rental Income: $2685 Airbnb ROI: -1.23% Traditional ROI: -0.2%
8 Starboard St #D OTTAWA, IL Amazing condo, with harbor views in a resort community in the heart of Starved Rock Countr...	2 beds \| 2 baths \| 1,428 sq.ft.	$329,000	Airbnb cash on cash: -2.33% Traditional cash on cash: 1.86% Airbnb Rental Income: $943 Traditional Rental Income: $1893 Airbnb ROI: -2.33% Traditional ROI: 1.86%
703 Chapel St OTTAWA, IL	4 beds \| 1 baths \| 1,697 sq.ft.	$203,000	Airbnb cash on cash: 6.94% Traditional cash on cash: 4.61% Airbnb Rental Income: $2337 Traditional Rental Income: $1309 Airbnb ROI: 6.94% Traditional ROI: 4.61%
1014 Walnut St OTTAWA, IL WELCOME HOME! 2 BEDROOM, 1 BATH AND 2 CAR GARAGE! FRESHLY PAINTED INTERIOR! NEW CARPET! HA...	2 beds \| 1 baths \| 986 sq.ft.	$154,900	Airbnb cash on cash: 0.32% Traditional cash on cash: 6.12% Airbnb Rental Income: $943 Traditional Rental Income: $1456 Airbnb ROI: 0.32% Traditional ROI: 6.12%
119 E Superior St OTTAWA, IL Well-maintained 4-unit apartment complex in a convenient Ottawa location within walking di...	4 beds \| 4 baths \| N/A	$269,900	Airbnb cash on cash: 1.72% Traditional cash on cash: 5.64% Airbnb Rental Income: $1527 Traditional Rental Income: $2082 Airbnb ROI: 1.72% Traditional ROI: 5.64%
217 20th Ave OTTAWA, IL Room to Grow. Space to Gather. Ready for Your Next Chapter. Welcome to this charming all-b...	4 beds \| 2 baths \| 2,102 sq.ft.	$244,500	Airbnb cash on cash: 4.33% Traditional cash on cash: 8.16% Airbnb Rental Income: $2337 Traditional Rental Income: $2644 Airbnb ROI: 4.33% Traditional ROI: 8.16%
1600 W Main St OTTAWA, IL Come see the potential in this unique west side property. 2 beds / 2 baths on main level ...	4 beds \| 3 baths \| 1,508 sq.ft.	$212,000	Airbnb cash on cash: 5.28% Traditional cash on cash: 7.82% Airbnb Rental Income: $2337 Traditional Rental Income: $2268 Airbnb ROI: 5.28% Traditional ROI: 7.82%
534 2nd Ave OTTAWA, IL Old meets new in this completely remodeled and updated classic. Walk in to the open floor ...	4 beds \| 2 baths \| 1,876 sq.ft.	$298,000	Airbnb cash on cash: 4.81% Traditional cash on cash: 6.1% Airbnb Rental Income: $2337 Traditional Rental Income: $2120 Airbnb ROI: 4.81% Traditional ROI: 6.1%
1 Pelican Lndg OTTAWA, IL Located in the resort community of Heritage Harbor Ottawa, this coach house is a perfect s...	1 beds \| 1 baths \| 624 sq.ft.	$288,900	Airbnb cash on cash: -2.33% Traditional cash on cash: 1.32% Airbnb Rental Income: $822 Traditional Rental Income: $1488 Airbnb ROI: -2.33% Traditional ROI: 1.32%
2531 E 1669th Rd OTTAWA, IL Room to roam in this 4-bedroom, 2-bathroom, multi-level home situated on two beautiful cou...	4 beds \| 3 baths \| 4,376 sq.ft.	$549,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 2.78% Airbnb Rental Income: $2337 Traditional Rental Income: $2700 Airbnb ROI: 0.94% Traditional ROI: 2.78%
728 Steamboat Ct OTTAWA, IL Northside 4 bedroom 2 bath Quad level property in Wallace School Dist. with easy access to...	4 beds \| 2 baths \| 2,004 sq.ft.	$310,000	Airbnb cash on cash: 3.17% Traditional cash on cash: 5.07% Airbnb Rental Income: $2337 Traditional Rental Income: $2313 Airbnb ROI: 3.17% Traditional ROI: 5.07%
32 Waterside Way OTTAWA, IL The "Pilot House" Boat-House offers 1700 square feet in size with two bedrooms, 2 1/2 bath...	4 beds \| 3 baths \| 2,500 sq.ft.	$599,000	Airbnb cash on cash: -0.68% Traditional cash on cash: 1.73% Airbnb Rental Income: $2337 Traditional Rental Income: $3109 Airbnb ROI: -0.68% Traditional ROI: 1.73%
648 Webster St OTTAWA, IL Three bedroom with classical woodwork and original oak hardwood floors. The woodwork has ...	3 beds \| 1 baths \| 1,572 sq.ft.	$179,000	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.12% Airbnb Rental Income: $1527 Traditional Rental Income: $1369 Airbnb ROI: 3.45% Traditional ROI: 5.12%
809 E Center St OTTAWA, IL Spectacular 4 bedroom 3 full bath home on over an acre lot. Oversized 3 car heated garage ...	4 beds \| 3 baths \| 2,500 sq.ft.	$399,000	Airbnb cash on cash: 2.34% Traditional cash on cash: 4.91% Airbnb Rental Income: $2337 Traditional Rental Income: $2719 Airbnb ROI: 2.34% Traditional ROI: 4.91%
1038 Catherine St OTTAWA, IL 3 Bedroom, 1 bath ranch south side Ottawa. 4 season porch/family room off front. Large kit...	3 beds \| 1 baths \| 1,080 sq.ft.	$168,500	Airbnb cash on cash: 3.55% Traditional cash on cash: 5.43% Airbnb Rental Income: $1527 Traditional Rental Income: $1386 Airbnb ROI: 3.55% Traditional ROI: 5.43%
226 Leeward Way OTTAWA, IL	1 beds \| 1 baths \| 506 sq.ft.	$339,000	Airbnb cash on cash: -2.65% Traditional cash on cash: 0.46% Airbnb Rental Income: $822 Traditional Rental Income: $1488 Airbnb ROI: -2.65% Traditional ROI: 0.46%
100 Great Loop Drive #48 OTTAWA, IL This cottage forms part of our Locktender home series in Navvy Town neighborhood of Herita...	3 beds \| 3 baths \| 1,800 sq.ft.	$385,000	Airbnb cash on cash: 1.08% Traditional cash on cash: 3.9% Airbnb Rental Income: $1527 Traditional Rental Income: $2100 Airbnb ROI: 1.08% Traditional ROI: 3.9%
1610 Poplar St OTTAWA, IL Stunning updated home that you must sell! Beautiful landscaped yard features cottage styl...	2 beds \| 2 baths \| 1,050 sq.ft.	$167,000	Airbnb cash on cash: 1.37% Traditional cash on cash: 7.76% Airbnb Rental Income: $943 Traditional Rental Income: $1615 Airbnb ROI: 1.37% Traditional ROI: 7.76%
2 Pelican Lndg OTTAWA, IL Deemed the Perfect Little Cottage in the marina resort community of Heritage Harbor locate...	2 beds \| 2 baths \| 1,217 sq.ft.	$369,900	Airbnb cash on cash: -2.59% Traditional cash on cash: -0.82% Airbnb Rental Income: $943 Traditional Rental Income: $1212 Airbnb ROI: -2.59% Traditional ROI: -0.82%
4 Pelican Lndg OTTAWA, IL	2 beds \| 1 baths \| 1,033 sq.ft.	$320,000	Airbnb cash on cash: -3.1% Traditional cash on cash: -1.37% Airbnb Rental Income: $943 Traditional Rental Income: $1119 Airbnb ROI: -3.1% Traditional ROI: -1.37%
1012 1/2 W Lafayette St OTTAWA, IL Back on the market due to no issue of the seller! Discover charm and potential in this coz...	2 beds \| 1 baths \| 864 sq.ft.	$105,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 7.27% Airbnb Rental Income: $943 Traditional Rental Income: $1112 Airbnb ROI: 2.22% Traditional ROI: 7.27%
2519 Reynolds Manor Dr #2519 OTTAWA, IL Lovely Reynolds Manor 3 bed, 2.5 bath townhouse in quiet, private neighborhood. 2250 sq. f...	3 beds \| 2 baths \| 2,162 sq.ft.	$345,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 0.28% Airbnb Rental Income: $1527 Traditional Rental Income: $1677 Airbnb ROI: -1.56% Traditional ROI: 0.28%
1409 Ottawa Ave OTTAWA, IL L@@king for a colonial home on historic Ottawa Avenue. Glorious gourmet kitchen with brick...	3 beds \| 2 baths \| 1,680 sq.ft.	$248,000	Airbnb cash on cash: 1.63% Traditional cash on cash: 4.25% Airbnb Rental Income: $1527 Traditional Rental Income: $1697 Airbnb ROI: 1.63% Traditional ROI: 4.25%
100 Great Loop Drive #34 OTTAWA, IL Enjoy life in the fullest in Navvy Town community. This three bedroom, 2.5 bathroom home ...	3 beds \| 2 baths \| 1,806 sq.ft.	$439,900	Airbnb cash on cash: 0.66% Traditional cash on cash: 2.53% Airbnb Rental Income: $1527 Traditional Rental Income: $1853 Airbnb ROI: 0.66% Traditional ROI: 2.53%
1638 Timber Ln OTTAWA, IL Welcome to this exquisite one-of-a-kind home boasting great craftmanship and stunning cher...	4 beds \| 4 baths \| 4,313 sq.ft.	$725,000	Airbnb cash on cash: -1.22% Traditional cash on cash: 4.98% Airbnb Rental Income: $2337 Traditional Rental Income: $5950 Airbnb ROI: -1.22% Traditional ROI: 4.98%
814 Caton St OTTAWA, IL Three bedroom story and a half home with attached two car garage on Two acre lot (three ta...	3 beds \| 2 baths \| 1,224 sq.ft.	$365,000	Airbnb cash on cash: 0.33% Traditional cash on cash: 2.54% Airbnb Rental Income: $1527 Traditional Rental Income: $1843 Airbnb ROI: 0.33% Traditional ROI: 2.54%
1428 W Main St OTTAWA, IL One story, two bedroom with enclosed front porch and attached two car garage. Furnace was ...	2 beds \| 1 baths \| 1,075 sq.ft.	$149,900	Airbnb cash on cash: 1.7% Traditional cash on cash: 9.54% Airbnb Rental Income: $943 Traditional Rental Income: $1721 Airbnb ROI: 1.7% Traditional ROI: 9.54%
3068 E 1879th Rd OTTAWA, IL Welcome to a realm of unparalleled comfort and elegance in this custom-designed, custom-bu...	6 beds \| 6 baths \| 4,595 sq.ft.	$749,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.57% Airbnb Rental Income: $null Traditional Rental Income: $7322 Airbnb ROI: N/A Traditional ROI: 7.57%
317 Maryland Ave OTTAWA, IL	3 beds \| 1 baths \| 1,055 sq.ft.	$114,999	Airbnb cash on cash: 5.48% Traditional cash on cash: 9.24% Airbnb Rental Income: $1527 Traditional Rental Income: $1501 Airbnb ROI: 5.48% Traditional ROI: 9.24%
1006 Douglas St OTTAWA, IL	2 beds \| 1 baths \| 989 sq.ft.	$114,999	Airbnb cash on cash: 1.03% Traditional cash on cash: 9.12% Airbnb Rental Income: $943 Traditional Rental Income: $1496 Airbnb ROI: 1.03% Traditional ROI: 9.12%
718 Arch St OTTAWA, IL	8 beds \| 4 baths \| N/A	$347,500	Airbnb cash on cash: -1.49% Traditional cash on cash: 3.55% Airbnb Rental Income: $943 Traditional Rental Income: $2242 Airbnb ROI: -1.49% Traditional ROI: 3.55%
13 River Row OTTAWA, IL This rare three bedroom, turn-key Condo is a great investment opportunity with limited ren...	3 beds \| 2 baths \| 1,785 sq.ft.	$425,000	Airbnb cash on cash: -2.6% Traditional cash on cash: 1.68% Airbnb Rental Income: $1527 Traditional Rental Income: $2790 Airbnb ROI: -2.6% Traditional ROI: 1.68%
3 Dogwood Way OTTAWA, IL 3 BR 2 BATH SYCAMORE MODEL PERFECT FOR A WEEKEND RETREAT OR FULL-TIME LIVING LOCATED IN HE...	3 beds \| 2 baths \| 1,424 sq.ft.	$344,900	Airbnb cash on cash: -1.93% Traditional cash on cash: 0.96% Airbnb Rental Income: $1527 Traditional Rental Income: $2019 Airbnb ROI: -1.93% Traditional ROI: 0.96%
400 Park Ave OTTAWA, IL 400 Park Ave, OTTAWA, IL 61350 \| Single Family Residential	3 beds \| 3 baths \| 2,190 sq.ft.	$459,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 1.78% Airbnb Rental Income: $1527 Traditional Rental Income: $2253 Airbnb ROI: -0.94% Traditional ROI: 1.78%
444 1st Ave OTTAWA, IL 444 1st Ave, OTTAWA, IL 61350 \| Single Family Residential	4 beds \| 3 baths \| 1,988 sq.ft.	$369,500	Airbnb cash on cash: 1.56% Traditional cash on cash: 3.48% Airbnb Rental Income: $2337 Traditional Rental Income: $2424 Airbnb ROI: 1.56% Traditional ROI: 3.48%
116 W Prospect Ave OTTAWA, IL 116 W Prospect Ave, OTTAWA, IL 61350 \| Single Family Residential	10 beds \| 8 baths \| 5,638 sq.ft.	$595,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.75% Airbnb Rental Income: $null Traditional Rental Income: $6207 Airbnb ROI: N/A Traditional ROI: 7.75%
3 Beech Tree Pl OTTAWA, IL 3 Beech Tree Pl, OTTAWA, IL 61350 \| Townhouse	4 beds \| 3 baths \| 2,744 sq.ft.	$769,000	Airbnb cash on cash: -1.25% Traditional cash on cash: 0.26% Airbnb Rental Income: $2337 Traditional Rental Income: $2842 Airbnb ROI: -1.25% Traditional ROI: 0.26%
1123 Country Oak Dr OTTAWA, IL 1123 Country Oak Dr, OTTAWA, IL 61350 \| Single Family Residential	4 beds \| 2 baths \| 2,846 sq.ft.	$575,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 0.65% Airbnb Rental Income: $2337 Traditional Rental Income: $2190 Airbnb ROI: -0.15% Traditional ROI: 0.65%
822 W Lafayette St OTTAWA, IL 822 W Lafayette St, OTTAWA, IL 61350 \| Single Family Residential	3 beds \| 2 baths \| 1,546 sq.ft.	$125,000	Airbnb cash on cash: 5.03% Traditional cash on cash: 9.18% Airbnb Rental Income: $1527 Traditional Rental Income: $1583 Airbnb ROI: 5.03% Traditional ROI: 9.18%
527 E Main St OTTAWA, IL 527 E Main St, OTTAWA, IL 61350 \| Single Family Residential	4 beds \| 2 baths \| 2,773 sq.ft.	$499,999	Airbnb cash on cash: 0.31% Traditional cash on cash: 1.27% Airbnb Rental Income: $2337 Traditional Rental Income: $2207 Airbnb ROI: 0.31% Traditional ROI: 1.27%

Real Estate investment in Ottawa, IL

There are 205 properties for sale in the city of Ottawa . The median list price in Ottawa is $204,827 and the average price per square foot is $174. In September 2026, the average monthly cash on cash return in Ottawa is 3.00%. The average monthly rental income in Ottawa is $1,596.

Ottawa, IL Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 205 investment properties available for sale in Ottawa.

In 2026, the best neighborhood to buy investment property is OTTAWA.

The ROI for Long-Term is higher than the Short-Term in Ottawa with average rental income of $1,596.

Your search for investment property begins and ends here

Investment Property for Sale in Ottawa, IL

1199 N 27th Rd

OTTAWA, IL

2 beds | 2 baths | 2,294 sq.ft.

$2,200,000

Airbnb cash on cash: -1.23%

Traditional cash on cash: -0.2%

Airbnb Rental Income: $943

Traditional Rental Income: $2685

Airbnb ROI: -1.23%

Traditional ROI: -0.2%

8 Starboard St #D

OTTAWA, IL

2 beds | 2 baths | 1,428 sq.ft.

$329,000

Airbnb cash on cash: -2.33%

Traditional cash on cash: 1.86%

Airbnb Rental Income: $943

Traditional Rental Income: $1893

Airbnb ROI: -2.33%

Traditional ROI: 1.86%

703 Chapel St

OTTAWA, IL

4 beds | 1 baths | 1,697 sq.ft.

$203,000

Airbnb cash on cash: 6.94%

Traditional cash on cash: 4.61%

Airbnb Rental Income: $2337

Traditional Rental Income: $1309

Airbnb ROI: 6.94%

Traditional ROI: 4.61%

1014 Walnut St

OTTAWA, IL

2 beds | 1 baths | 986 sq.ft.

$154,900

Airbnb cash on cash: 0.32%

Traditional cash on cash: 6.12%

Airbnb Rental Income: $943

Traditional Rental Income: $1456

Airbnb ROI: 0.32%

Traditional ROI: 6.12%

119 E Superior St

OTTAWA, IL

4 beds | 4 baths | N/A

$269,900

Airbnb cash on cash: 1.72%

Traditional cash on cash: 5.64%

Airbnb Rental Income: $1527

Traditional Rental Income: $2082

Airbnb ROI: 1.72%

Traditional ROI: 5.64%

217 20th Ave

OTTAWA, IL

4 beds | 2 baths | 2,102 sq.ft.

$244,500

Airbnb cash on cash: 4.33%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $2337

Traditional Rental Income: $2644

Airbnb ROI: 4.33%

Traditional ROI: 8.16%

1600 W Main St

OTTAWA, IL

4 beds | 3 baths | 1,508 sq.ft.

$212,000

Airbnb cash on cash: 5.28%

Traditional cash on cash: 7.82%

Airbnb Rental Income: $2337

Traditional Rental Income: $2268

Airbnb ROI: 5.28%

Traditional ROI: 7.82%

534 2nd Ave

OTTAWA, IL

4 beds | 2 baths | 1,876 sq.ft.

$298,000

Airbnb cash on cash: 4.81%

Traditional cash on cash: 6.1%

Airbnb Rental Income: $2337

Traditional Rental Income: $2120

Airbnb ROI: 4.81%