Ottawa, IL
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Ottawa short-term rental market based on reliable data.
Listings
198 / 437
Reliable / Active
Cap Rate
15%
Middle-Earners Gross Yield
Revenue
$29,610
Middle-Earners Revenue
Occupancy
55%
Middle-Earners Occupancy
Home Value
$200,349
Median Home Sale Price
Top Earners
$51,920
Top-Earners Revenue
Ottawa
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Ottawa.
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Very Investor friendly
Ottawa Regulations
Ottawa explicitly permits short-term rentals in most residential zones and provides a clear, business‑friendly framework with a simple $100 annual digital license and no meaningful caps. Compliance obligations (safety equipment, local/state taxes, and modest penalties) are straightforward and predictable for investors.
Local STR Agent
STR specialist · Ottawa, IL
About Ottawa
Ottawa is a city in and the county seat of LaSalle County, Illinois, United States. It is located at the confluence of the navigable Fox River and Illinois River, the latter being a conduit for river barges and connects Lake Michigan at Chicago, to the Mississippi River, and North America's 25,000 mile river system. The population estimate was 18,742, as of 2020. It is the principal city of the Ottawa, IL Micropolitan Statistical Area.