Under $200K Investment Properties for Sale in Ottawa, IL

Property at 715 Catherine St, Ottawa, IL
Listed for sale today
$ 179,808
ROI
22.5ROI percentage
Cash Flow/m
Dollar sign136
  • 3 Bed
  • 1 Bath
  • 1032 sft
715 Catherine St, Ottawa, IL, 61350
Property at 1112 Fulton St, Ottawa, IL
Listed for sale 3 days ago
$ 134,777
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign139
  • 4 Bed
  • 2 Bath
  • 2590 sft
1112 Fulton St, Ottawa, IL, 61350
Property at 2006 Elm Ln, Ottawa, IL
Listed for sale 4 days ago
$ 130,000
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign124
  • 2 Bed
  • 1 Bath
  • 1013 sft
2006 Elm Ln, Ottawa, IL, 61350
Property at 1425 Phelps St, Ottawa, IL
Listed for sale 6 days ago
$ 127,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign94
  • 3 Bed
  • 1 Bath
  • 1100 sft
1425 Phelps St, Ottawa, IL, 61350

Why Invest in Ottawa, Illinois?

Investing in Ottawa, IL presents an opportunity to acquire properties under $200k with promising potential returns. The area boasts a strong rental yield supported by a growing local economy and affordable housing options. Investors can expect stable appreciation trends and a solid cap rate, making it ideal for both new and experienced investors.

8.5%
Avg. ROI
7.2%
Rental Yield
9.1%
Cap Rate
$300/mo
Avg. Cash Flow
$1/mo
Avg. Rent
4.2%
1Y Appreciation

Frequently Asked Questions

The average rental price in Ottawa is approximately $1,200 per month, varying based on property type and location.

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