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Ottawa, IL Real Estate


According to census data in the year 2000 there were 8,007 housing units in Ottawa. This represents a 6.6% growth from 7,511 in 1990.

Of those housing units, 7,978 were located in either urbanized areas or urban clusters, and 29 were located in what is classified as a rural area.

Homeownership rate in Ottawa is about 67.9%. Ottawa's vacancy rate, including seasonal lodging, is about 5.9%. Average household size is 2.38 people.

The majority of houses, apartments or condos in Ottawa were built after 1951.

Statistics

Housing Size

Housing Units by Size
Studio Type0.70%
One Bedroom13.70%
Two Bedrooms35%
Three Bedrooms35.90%
Four Bedrooms12.10%
Five Bedrooms or more2.60%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.53
Median year structure was built1949
Median Value of occupied units$87,500
Median Price asked for vacant units$82,300

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1961
Median Monthly Rent asked for vacant units$426

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.50%
Second Mortgage6.30%
Home Equity Loan5.60%
Simple Mortgage48.80%
Debt Free38.70%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs17.2%