$282,500
- 4 Beds
- 4 Baths
702 4th Ave, Ottawa, IL 61350
Doug Carroll
RE/MAX 1st Choice
(815) 542-2098
$282,500
702 4th Ave, Ottawa, IL 61350
Doug Carroll
RE/MAX 1st Choice
(815) 542-2098
$224,999
213 Deleon St, Ottawa, IL 61350
Caden Wakim GenStone Realty
$795,000
201, 311, & Lot's 3- 24th Ave, Ottawa, IL 61350
Phil Makarewicz Keller Williams Innovate
$4,650,000
200 Great Loop Dr, Ottawa, IL 61350
Jacob Valle Heritage Select Realty
$320,000
201 24th Ave, Ottawa, IL 61350
Phil Makarewicz Keller Williams Innovate
$244,999
608 W Madison St, Ottawa, IL 61350
Bethany Coleman-Weger Local Realty Group, Inc.
$360,000
621 Chapel St, Ottawa, IL 61350
Phil Makarewicz Keller Williams Innovate
Ottawa, Illinois, situated approximately 90 miles southwest of downtown Chicago, is recognized for its location at the confluence of the Fox and Illinois Rivers. This small city serves as a scenic gateway to several state parks, including the notable Starved Rock State Park, which offers over 13 miles of trails leading to canyons and waterfalls. Washington Square Park in downtown Ottawa is historically significant as the site of the first Lincoln-Douglas debates in 1858. The Illinois River remains a tourist attraction, with the Sainte Genevieve Riverboat providing sightseeing cruises. Ottawa's housing options range from historic homes to modern subdivisions, including condos and townhouses. The downtown area is lively with independently run restaurants, boutiques, antique shops, and craft breweries. Ottawa hosts Third Friday events from May through September, highlighting local arts and retailers. The city is served by Ottawa Elementary School District 141 and Ottawa Township High School District 140, with private options like the highly rated Marquette Academy. A car is necessary for transportation, with Interstate 80 offering routes to Chicago and the Quad Cities. While crime rates are not specified as higher than the national average, homes near the rivers are identified as being in severe flood zones by the First Street Foundation.
On average, homes in Ottawa, IL sell after 36 days on the market compared to the national average of 56 days. The median sale price for homes in Ottawa, IL over the last 12 months is $215,000, up 11% from the median home sale price over the previous 12 months.
In Ottawa, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $224,999 to $4,650,000, there's a range to accomodate every budget. As of April, 2026 the median home price in Ottawa is $240,000, while the average sale price is $245,919, offering insights into the local housing market. On average, multi-family homes spend 36 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Ottawa, IL.