Multi Family Investment Properties for Sale in Ottawa, IL
Rental Income
Listed for sale 4 days ago
$ 255,000
ROI
25.3
Cash Flow/m
391- 4 Bed
- 4 Bath
- - sft
702 4th Ave, Ottawa, IL, 61350
$ 198,500
ROI
31.4Cash Flow/m
643- 2 Bed
- 2 Bath
- 1392 sft
1520 Adams St, Ottawa, IL, 61350
$ 250,000
ROI
29.3Cash Flow/m
666- 2 Bed
- 2 Bath
- 1327 sft
801 W McKinley Rd, Ottawa, IL, 61350
Currently Rented
Rental Income
$ 212,000
ROI
30.8Cash Flow/m
651- 4 Bed
- 3 Bath
- - sft
1600 W Main St, Ottawa, IL, 61350
Why Invest in Ottawa, Illinois?
Investing in multi-family properties in Ottawa, IL offers a promising opportunity due to its stable rental market and community growth. The city's attractive rental yields and appreciating property values can be advantageous for investors seeking steady cash flow. With a cap rate averaging around 8%, Ottawa ensures that your investment can provide competitive returns.
12%
Avg. ROI
10%
Rental Yield
8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multi-family properties in Ottawa, IL is approximately $1,200 per month, making it an attractive option for renters and investors alike.
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