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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
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.	$349,000	Airbnb cash on cash: -2.32% Traditional cash on cash: 1.7% Airbnb Rental Income: $916 Traditional Rental Income: $1893 Airbnb ROI: -2.32% Traditional ROI: 1.7%
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.	$164,900	Airbnb cash on cash: 0.1% Traditional cash on cash: 5.7% Airbnb Rental Income: $916 Traditional Rental Income: $1456 Airbnb ROI: 0.1% Traditional ROI: 5.7%
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: 4.05% Traditional cash on cash: 8.16% Airbnb Rental Income: $2259 Traditional Rental Income: $2644 Airbnb ROI: 4.05% Traditional ROI: 8.16%
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: -2.46% Traditional cash on cash: 1.32% Airbnb Rental Income: $779 Traditional Rental Income: $1488 Airbnb ROI: -2.46% 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: 0.82% Traditional cash on cash: 2.78% Airbnb Rental Income: $2259 Traditional Rental Income: $2700 Airbnb ROI: 0.82% Traditional ROI: 2.78%
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: -0.8% Traditional cash on cash: 1.73% Airbnb Rental Income: $2259 Traditional Rental Income: $3109 Airbnb ROI: -0.8% 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: 2.17% Traditional cash on cash: 4.91% Airbnb Rental Income: $2259 Traditional Rental Income: $2719 Airbnb ROI: 2.17% 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.	$172,000	Airbnb cash on cash: 3.46% Traditional cash on cash: 5.3% Airbnb Rental Income: $1527 Traditional Rental Income: $1386 Airbnb ROI: 3.46% Traditional ROI: 5.3%
226 Leeward Way OTTAWA, IL	1 beds \| 1 baths \| 506 sq.ft.	$339,000	Airbnb cash on cash: -2.77% Traditional cash on cash: 0.46% Airbnb Rental Income: $779 Traditional Rental Income: $1488 Airbnb ROI: -2.77% 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: 1.22% Traditional cash on cash: 7.76% Airbnb Rental Income: $916 Traditional Rental Income: $1615 Airbnb ROI: 1.22% 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: -2.66% Traditional cash on cash: -0.82% Airbnb Rental Income: $916 Traditional Rental Income: $1212 Airbnb ROI: -2.66% Traditional ROI: -0.82%
4 Pelican Lndg OTTAWA, IL	2 beds \| 1 baths \| 1,033 sq.ft.	$320,000	Airbnb cash on cash: -3.18% Traditional cash on cash: -1.37% Airbnb Rental Income: $916 Traditional Rental Income: $1119 Airbnb ROI: -3.18% 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% Traditional cash on cash: 7.27% Airbnb Rental Income: $916 Traditional Rental Income: $1112 Airbnb ROI: 2% 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%
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: -1.32% Traditional cash on cash: 4.98% Airbnb Rental Income: $2259 Traditional Rental Income: $5950 Airbnb ROI: -1.32% 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: 1.55% Traditional cash on cash: 9.54% Airbnb Rental Income: $916 Traditional Rental Income: $1721 Airbnb ROI: 1.55% 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%
718 Arch St OTTAWA, IL	8 beds \| 4 baths \| N/A	$347,500	Airbnb cash on cash: -1.56% Traditional cash on cash: 3.55% Airbnb Rental Income: $916 Traditional Rental Income: $2242 Airbnb ROI: -1.56% Traditional ROI: 3.55%
12 Redbud Row OTTAWA, IL HERITAGE HARBOR 4 BR NORWAY MODEL PERFECT FOR A WEEKEND RETREAT OR FULL TIME LIVING! Exper...	4 beds \| 2 baths \| 1,770 sq.ft.	$379,900	Airbnb cash on cash: 1.47% Traditional cash on cash: 3.88% Airbnb Rental Income: $2259 Traditional Rental Income: $2550 Airbnb ROI: 1.47% Traditional ROI: 3.88%
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.	$429,000	Airbnb cash on cash: -2.59% Traditional cash on cash: 1.66% Airbnb Rental Income: $1527 Traditional Rental Income: $2790 Airbnb ROI: -2.59% Traditional ROI: 1.66%
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.	$354,900	Airbnb cash on cash: -1.9% Traditional cash on cash: 0.9% Airbnb Rental Income: $1527 Traditional Rental Income: $2019 Airbnb ROI: -1.9% Traditional ROI: 0.9%
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.	$384,500	Airbnb cash on cash: 1.19% Traditional cash on cash: 3.22% Airbnb Rental Income: $2259 Traditional Rental Income: $2424 Airbnb ROI: 1.19% Traditional ROI: 3.22%
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: -1.34% Traditional cash on cash: 0.26% Airbnb Rental Income: $2259 Traditional Rental Income: $2842 Airbnb ROI: -1.34% 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: -0.27% Traditional cash on cash: 0.65% Airbnb Rental Income: $2259 Traditional Rental Income: $2190 Airbnb ROI: -0.27% 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.	$550,000	Airbnb cash on cash: -0.14% Traditional cash on cash: 0.86% Airbnb Rental Income: $2259 Traditional Rental Income: $2207 Airbnb ROI: -0.14% Traditional ROI: 0.86%
1617 Pine St OTTAWA, IL Charming and move in ready, this cozy 2 bedroom, 1 bath home offers comfort, functionality...	2 beds \| 1 baths \| 701 sq.ft.	$140,500	Airbnb cash on cash: 0.69% Traditional cash on cash: 6.53% Airbnb Rental Income: $916 Traditional Rental Income: $1362 Airbnb ROI: 0.69% Traditional ROI: 6.53%
2011 Caton Rd OTTAWA, IL 2011 Caton Rd, OTTAWA, IL 61350 \| Single Family Residential	5 beds \| 5 baths \| 5,050 sq.ft.	$1,500,000	Airbnb cash on cash: N/A Traditional cash on cash: -0.08% Airbnb Rental Income: $null Traditional Rental Income: $4521 Airbnb ROI: N/A Traditional ROI: -0.08%
316 Guthrie St OTTAWA, IL 316 Guthrie St, OTTAWA, IL 61350 \| Single Family Residential	3 beds \| 2 baths \| 2,274 sq.ft.	$210,500	Airbnb cash on cash: 1.74% Traditional cash on cash: 6.02% Airbnb Rental Income: $1527 Traditional Rental Income: $1939 Airbnb ROI: 1.74% Traditional ROI: 6.02%
1522 E State Route 71 OTTAWA, IL 1522 E State Route 71, OTTAWA, IL 61350 \| Single Family Residential	3 beds \| 2 baths \| 2,183 sq.ft.	$599,000	Airbnb cash on cash: -1.48% Traditional cash on cash: 0.12% Airbnb Rental Income: $1527 Traditional Rental Income: $1979 Airbnb ROI: -1.48% Traditional ROI: 0.12%
2951 E 1489th Rd OTTAWA, IL	4 beds \| 4 baths \| 3,800 sq.ft.	$1,350,000	Airbnb cash on cash: -1.98% Traditional cash on cash: -0.78% Airbnb Rental Income: $2259 Traditional Rental Income: $3210 Airbnb ROI: -1.98% Traditional ROI: -0.78%
100 Great Loop Drive #40 OTTAWA, IL 100 Great Loop Drive #40, OTTAWA, IL 61350 \| Townhouse	3 beds \| 2 baths \| 1,890 sq.ft.	$434,800	Airbnb cash on cash: -1.54% Traditional cash on cash: 1.26% Airbnb Rental Income: $1527 Traditional Rental Income: $2222 Airbnb ROI: -1.54% Traditional ROI: 1.26%
9 Lilac Ln OTTAWA, IL 9 Lilac Ln, OTTAWA, IL 61350 \| Single Family Residential	3 beds \| 2 baths \| 1,539 sq.ft.	$489,000	Airbnb cash on cash: -1.58% Traditional cash on cash: 0.3% Airbnb Rental Income: $1527 Traditional Rental Income: $1944 Airbnb ROI: -1.58% Traditional ROI: 0.3%

Real Estate investment in Ottawa, IL

There are 163 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 $187. In August 2026, the average monthly cash on cash return in Ottawa is 3.00%. The average monthly rental income in Ottawa is $1,635.

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

There are 163 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 $1,635.

Your search for investment property begins and ends here

Investment Property for Sale in Ottawa, IL

8 Starboard St #D

OTTAWA, IL

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

$349,000

Airbnb cash on cash: -2.32%

Traditional cash on cash: 1.7%

Airbnb Rental Income: $916

Traditional Rental Income: $1893

Airbnb ROI: -2.32%

Traditional ROI: 1.7%

1014 Walnut St

OTTAWA, IL

2 beds | 1 baths | 986 sq.ft.

$164,900

Airbnb cash on cash: 0.1%

Traditional cash on cash: 5.7%

Airbnb Rental Income: $916

Traditional Rental Income: $1456

Airbnb ROI: 0.1%

Traditional ROI: 5.7%

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: 4.05%

Traditional cash on cash: 8.16%

Airbnb Rental Income: $2259

Traditional Rental Income: $2644

Airbnb ROI: 4.05%

Traditional ROI: 8.16%

1 Pelican Lndg

OTTAWA, IL

1 beds | 1 baths | 624 sq.ft.

$288,900

Airbnb cash on cash: -2.46%

Traditional cash on cash: 1.32%

Airbnb Rental Income: $779

Traditional Rental Income: $1488

Airbnb ROI: -2.46%

Traditional ROI: 1.32%

2531 E 1669th Rd

OTTAWA, IL

4 beds | 3 baths | 4,376 sq.ft.

$549,000

Airbnb cash on cash: 0.82%

Traditional cash on cash: 2.78%

Airbnb Rental Income: $2259

Traditional Rental Income: $2700

Airbnb ROI: 0.82%

Traditional ROI: 2.78%

32 Waterside Way

OTTAWA, IL

4 beds | 3 baths | 2,500 sq.ft.

$599,000

Airbnb cash on cash: -0.8%

Traditional cash on cash: 1.73%

Airbnb Rental Income: $2259

Traditional Rental Income: $3109

Airbnb ROI: -0.8%

Traditional ROI: 1.73%

648 Webster St

OTTAWA, IL

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%