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Off market
  • $303,900

    502 W Van Buren St, Ottawa, IL 61350

    5beds
    3,246sqft
    SingleFamily
    Built in 1905
    0.45 Acres Lot
    $303,900 Zestimate®
    $94/sqft
    $2,749 Estimated rent

    Home value

    $303,900

    $280,000 - $331,000

    $2,749/mo

    Zestimate® history
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    $2,235/mo

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    What's special

    New price adjustment on this magnificent home offers Buyer a tremendous opportunity for restoration and upgrades. Standing proudly on the South Bluff of Ottawa with views of the Illinois River, this stately all brick home offers the grandeur of a previous era along with a compelling warmth that embraces all who enter. Architecturally designed with original blueprints available, the home was built in 1905 for the Frank Sanders family by Sanders' Brothers Manufacturing Company. The company was locally renowned for quality carpentry and beautiful, custom millwork and this home is a fine example of their craftsmanship. Elaborate millwork and magnificent built-in features are found throughout the home. Owned only by two families from 1905 to 2021, this three story home boasts of over 3200 square feet on the first and second floors with additional finished spaces on the third floor and in the basement. A spacious, unfinished attic area on the third floor offers potential finished space. The expansive living room, family room and formal dining room flow seamlessly. A spacious eat-in kitchen and a huge enclosed front porch complete the first floor rooms. The second floor offers five spacious bedrooms with a 6' by 26' center hall. Hardwood floors are found throughout the home along with a stunning, open staircase. A natural stone fireplace with custom seating, custom built-ins and beautiful pocket doors are featured in the family room. Extensive and expansive windows brighten each room. The basement offers a second family room (with a wood burning fireplace) a finished storage area, a large laundry room, a workshop room and additional space. The home is a short (one block) walk to Allen Park at the banks of the Illinois River. The property consists of two lots with an extra lot to the west.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Interior area
    • Total interior livable area: 3,246 sqft

    Property

    Lot
    • Size: 0.45 Acres
    Details
    • Parcel number: 2211422005

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1905

    Community & HOA

    Location
    • Region: Ottawa

    Financial & listing details

    • Price per square foot: $94/sqft
    • Tax assessed value: $231,291
    • Annual tax amount: $7,349

    Price history

    DateEventPrice
    11/22/2021Sold$220,000+2.4%$68/sqft
    Source: MRED as distributed by MLS GRID #11247444 Report a problem
    11/3/2021Pending sale$214,900$66/sqft
    Source: MRED as distributed by MLS GRID #11247444 Report a problem
    10/29/2021Price change$214,900-21.8%$66/sqft
    Source: MRED as distributed by MLS GRID #11247444 Report a problem
    10/15/2021Listed for sale$274,900$85/sqft
    Source: MRED as distributed by MLS GRID #11247444 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$7,349 +6.4%$77,097 +8.7%
    2023$6,906 +10%$70,900 +9.5%
    2022$6,281 +16.6%$64,731 +6.7%
    2021$5,388 $60,689 +4.9%
    2020-- $57,866 +3.1%
    2019$4,994 $56,126 +2.6%
    2018$4,994 +6.7%$54,693 +2.2%
    2017$4,681 +7%$53,505 +3.7%
    2016$4,374 $51,596 +4.5%
    2015$4,374 +17.7%$49,379 -21%
    2012$3,716 $62,491 -5.4%
    2011-- $66,072 -5.3%
    2010-- $69,748
    Find assessor info on the county website

    Neighborhood: 61350

    Nearby schools

    GreatSchools rating
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    $303,900
    2% more
    +$6,078
    With Zillow Showcase(estimated)
    $309,978