Ottawa, KS Commercial Investment Properties for Sale
Explore commercial real estate investment properties for sale in Ottawa, Kansas Market population: 19K. Compare commercial properties across all major asset classes with...
Advertisement
12 properties found
.png)
Investor Pitch Deck
Don’t just search properties. See why investors choose REI Capital.
Before you compare every deal alone, download the REI Capital investment pitch and see our growth story, strategy, and next-step materials.
.png)
⭐ Featured
Strategic Oakland Investment: 5476 Vicente Way in High-Demand 94609 Zip Code
$1,200,000
Oakland
Multifamily
Cap Rate
2.70%
NOI
$32,400
Size
1,800 SF
📊 Avg Property Tax Rate For Ottawa IL Properties: 3.5600%
⭐ Featured
High-Cap-Rate Value-Add Multifamily Investment in Oakland
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,323
Size
6,104 SF
Investor Questions For Ottawa IL
Common questions from investors exploring commercial real estate in Ottawa IL.
What's the overall investment outlook for Ottawa, IL?
+
With a median household income of $46,819 and a relatively high poverty rate of 16.4%, Ottawa's market is stable but working-class, and the 93.7% health insurance coverage suggests a degree of employment stability, while the top industries in Public Administration and Construction indicate a diverse economic base.
How does the local economy impact rental demand?
+
The presence of top industries like Public Administration, Other Services, and Construction, combined with a foreign-born rate of 2.6% and ethnic diversity including White, White Non-Hispanic, and Hispanic populations, suggests a steady demand for rentals, especially considering the average commute time of 22.9 minutes and high health insurance coverage.
What are the key factors influencing property values in Ottawa?
+
The median property value of $133,900, influenced by a median property tax of $5,170 and a homeownership rate of 64.9%, indicates a relatively affordable market, and when considering the poverty rate of 16.4% and the GINI coefficient of 0.444, it suggests that property values are impacted by a mix of economic factors and demographic characteristics.
How does the quality of life in Ottawa affect its attractiveness to investors?
+
The city's average commute time of 22.9 minutes, top commute methods including driving and carpooling, and a high health insurance coverage rate of 93.7% all contribute to a decent quality of life, making it an attractive location for renters and thus a viable investment opportunity, especially given the diverse population with top ethnicities including White, White Non-Hispanic, and Hispanic.
What role does education play in the stability of the Ottawa real estate market?
+
With a high school graduation rate of 88.3% and 23.2% of the population holding a Bachelor's degree or higher, education levels in Ottawa contribute to a skilled workforce, which in turn supports the local economy, including top industries like Public Administration and Construction, and when combined with the median household income of $46,819 and low poverty rate compared to other factors, it suggests a relatively stable market for real estate investment.
Ottawa IL Real Estate & City Facts
Key facts and real estate information about Ottawa IL.
What are some of the best neighborhoods to live in Ottawa?
+
Some of the best neighborhoods to live in Ottawa include those with low crime rates and good schools, such as the area around Washington Park and the neighborhood near Illinois Valley Community Hospital. However, it's always best to research and visit the area in person to get a feel for the community.
What are some fun things to do in Ottawa?
+
Ottawa has a variety of attractions, including the Illinois and Michigan Canal, the Ottawa Historical and Cultural Society, and the Boy Scouts' annual Sea Scout Base, which offers sailing and kayaking lessons. There are also plenty of parks and outdoor spaces, such as Washington Park and Allen Park, where you can walk, bike, or have a picnic.
What is the food scene like in Ottawa?
+
The food scene in Ottawa includes a variety of restaurants, such as those serving classic American comfort food, Italian cuisine, and Mexican dishes. There are also plenty of great food trucks and local eateries, like the ones you can find downtown or at the Ottawa Farmers' Market.
What are the pros and cons of living in Ottawa?
+
Some pros of living in Ottawa include its small-town charm, low cost of living, and easy access to outdoor recreation. However, some cons include the limited job opportunities and lower median household income compared to larger cities. Additionally, the poverty rate is higher than the national average, which can be a challenge for some residents.
Is Ottawa a good place to live?
+
Ottawa can be a good place to live for those who value a close-knit community, outdoor recreation, and a lower cost of living. While it may not have all the amenities of a larger city, it has a certain charm and a strong sense of community. Ultimately, whether or not Ottawa is a good place to live depends on your individual priorities and preferences.
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Apartment Building with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Apartment Building
Cap Rate
7.97%
NOI
$183,300
Size
0 SF
📊 Average Income For Ottawa IL Commercial Property: $46,819
Advertisement
⭐ Featured
Prime Oakland Multifamily Investment: 6-Unit Property with 7.97% Cap Rate in Temescal
$2,299,999
Oakland
Multifamily
Cap Rate
7.97%
NOI
$183,324
Size
0 SF
⭐ Featured
Prime 18-Unit Multifamily Investment in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
⭐ Featured
New Construction 18-Unit Multifamily Asset in Central City, CO - 5.70% Cap Rate
$5,800,000
Central City
Multifamily
Cap Rate
5.70%
NOI
$330,380
Size
13,454 SF
Advertisement
⭐ Featured
Prime Value-Add Opportunity: 8-Unit Multifamily Asset in San Fernando, CA
$1,750,000
San Fernando
Multifamily
Cap Rate
6.66%
NOI
$116,550
Size
5,040 SF
⭐ Featured
Prime Valley Village Multifamily: 48-Unit Modern Apartment Complex with 3.39% Cap Rate
$30,000,000
Valley Village
Multifamily
Cap Rate
3.39%
NOI
$1,017,000
Size
52,393 SF
⭐ Featured
Prime San Fernando Multifamily: 5-Unit Value-Add Opportunity with 7.76% Cap Rate
$1,275,000
San Fernando
Multifamily
Cap Rate
7.76%
NOI
$98,945
Size
10,888 SF
⭐ Featured
Prime Turnkey Investment: Modern 2022 Multifamily Condo in Miami's High-Growth 33127
$2,450,000
Miami
Multifamily (Condo)
Cap Rate
%
NOI
$0
Size
30,000 SF
Advertisement
⭐ Featured
Prime Investment Opportunity: 1531 Green St, Philadelphia, PA - Value-Add Multifamily Asset
$1,375,000
Philadelphia
Multifamily
Cap Rate
%
NOI
$0
Size
6,624 SF
Advertisement