Contingent

$125,000

403 1st Ave, Ottawa, IL 61350

5beds

2,816sqft

$993/mo

Get pre-qualified

Single Family Residence

Built in 1887

9,147 Square Feet Lot

$-- Zestimate^®

$44/sqft

$-- HOA

What's special

Desirable corner lot

CALLING ALL INVESTORS! Unlock the potential of this spacious 5-bedroom property on a desirable corner lot! Offering over 2,648 square feet of living space, this home provides an excellent opportunity for renovation, investment, or value-add potential. The generous footprint and flexible layout offer plenty of possibilities for creating significant upside. Major improvements include electrical, roof, and siding completed in 2010, plus gutters and downspouts replaced approximately 3 years ago. Bring your vision and transform this property into a standout investment!

--
1,122: views
95: saves

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Attic, Recreation Room, Bonus Room, Office, Bedroom 5

Primary bedroom

Level: Second
Area: 378 Square Feet
Dimensions: 18X21

Bedroom 2

Level: Second
Area: 182 Square Feet
Dimensions: 13X14

Bedroom 3

Level: Second
Area: 195 Square Feet
Dimensions: 15X13

Bedroom 4

Level: Second
Area: 210 Square Feet
Dimensions: 15X14

Bedroom 5

Level: Main
Area: 182 Square Feet
Dimensions: 13X14

Other

Level: Attic
Area: 1476 Square Feet
Dimensions: 41X36

Bonus room

Level: Basement
Area: 555 Square Feet
Dimensions: 15X37

Dining room

Level: Main
Area: 196 Square Feet
Dimensions: 14X14

Kitchen

Level: Main
Area: 168 Square Feet
Dimensions: 12X14

Living room

Level: Main
Area: 315 Square Feet
Dimensions: 15X21

Office

Level: Main
Area: 225 Square Feet
Dimensions: 15X15

Recreation room

Level: Basement
Area: 936 Square Feet
Dimensions: 26X36

Heating

Radiant

Cooling

Window Unit(s)

Features

Basement: Unfinished,Full

Interior area

Total structure area: 0
Total interior livable area: 2,816 sqft

Property

Parking

Total spaces: 2
Parking features: Yes, Garage Owned, Detached, Garage
Garage spaces: 2

Accessibility

Accessibility features: No Disability Access

Features

Stories: 2

Lot

Size: 9,147 Square Feet
Features: Mature Trees

Details

Parcel number: 2214211014
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Vinyl Siding
Roof: Asphalt

Condition

New construction: No
Year built: 1887

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

HOA

Services included: None

Location

Region: Ottawa

Financial & listing details

Price per square foot: $44/sqft
Tax assessed value: $60,159
Annual tax amount: $6,059
Date on market: 9/17/2026
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/20/2026	Contingent	$125,000$44/sqft
Source: eXp Realty #12746374 Report a problem
9/17/2026	Listed for sale	$125,000+5.9%$44/sqft
Source: eXp Realty #12746374 Report a problem
8/5/2010	Sold	$118,000$42/sqft
Source: MRED as distributed by MLS GRID #07548170 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$5,732	$60,159 +8.5%
2024	$5,732 +6.4%	$55,446 +8.7%
2023	$5,386 +8.2%	$50,989 +9.5%
2022	$4,979 +6%	$46,552 +6.7%
2021	$4,697	$43,645 +4.9%
2020	--	$41,614 +3.1%
2019	$4,467	$40,363 +2.6%
2018	$4,467 +9.8%	$39,333 +6.5%
2017	$4,068 +85.2%	$36,934 -0.5%
2016	$2,196	$37,105 +4.5%
2015	$2,196 +6.4%	$35,510 -1.9%
2012	$2,065	$36,202 -5.4%
2011	--	$38,276 -17.6%
2010	--	$46,427

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

See how much you could borrow to make a competitive offer.

Get pre-qualified

Climate risks

Neighborhood: 61350

Getting around

55 / 100

Somewhat Walkable

53 / 100

Bikeable

Nearby schools

GreatSchools rating

7/10
Mckinley Elementary School
Grades: PK-4Distance: 0.9 mi
4/10
Shepherd Middle School
Grades: 7-8Distance: 1.1 mi
3/10
Ottawa Township High School
Grades: 9-12Distance: 0.5 mi

Schools provided by the listing agent

District: 141

Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.