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

Listed for sale today
$ 229,500
ROI
21.1
Cash Flow/m
88- 3 Bed
- 2 Bath
- 1471 sft
742 Chambers St, Ottawa, IL, 61350

$ 229,900
ROI
28.6
Cash Flow/m
565- 4 Bed
- 2 Bath
- 1749 sft
1832 La Salle St, OTTAWA, IL, 61350

Listed for sale 4 days ago
$ 190,000
ROI
26.6
Cash Flow/m
362- 3 Bed
- 2 Bath
- 1400 sft
700 E Canal Ave, Ottawa, IL, 61350

Listed for sale 4 days ago
$ 147,500
ROI
22.4
Cash Flow/m
110- 4 Bed
- 1 Bath
- 1002 sft
203 E Van Buren St, Ottawa, IL, 61350
Why Invest in Ottawa, Illinois?
Investing in properties under $300k in Ottawa, IL, offers a unique opportunity for investors seeking affordable real estate options. With a strong rental market and an average cash flow that is appealing to many, Ottawa is an enticing choice for savvy investors. The city's economic growth and stability also contribute to a robust appreciation rate worth considering.
8%
Avg. ROI
7%
Rental Yield
10%
Cap Rate
$300/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
In Ottawa, you can find a variety of properties including single-family homes, small multifamily units, and sometimes condos. These options cater to both investors and first-time homebuyers.
Find Your Perfect Investment Property in Ottawa, Illinois
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