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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ottawa, IL

Listed for sale 5 days ago
$ 119,500
ROI
23.0
Cash Flow/m
106- 2 Bed
- 1 Bath
- 935 sft
706 E Joliet St, Ottawa, IL, 61350

Listed for sale 5 days ago
$ 180,000
ROI
22.1
Cash Flow/m
119- 2 Bed
- 1 Bath
- 936 sft
1428 Pickwick St, Ottawa, IL, 61350

Fix & Flip
Listed for sale 7 days ago
$ 199,500
ROI
27.1
Cash Flow/m
409- 2 Bed
- 2 Bath
- 1008 sft
1200 Catherine St, Ottawa, IL, 61350

Currently Rented
Fix & Flip
Rental Income
$ 160,000
ROI
31.6
Cash Flow/m
526- 5 Bed
- 2 Bath
- - sft
718 W Jackson 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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