639 Madison Street, Ottawa, Illinois 61350


$59,000

For Sale
Status: Pending
Sqft: 1,315
Cost/Sqft: $45
Beds: 2
Baths: 1
Year Built: 1911
Property Taxes: $3,062
Days On Market: 22
Lot Size: 0,00
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Description

Great Opportunity in a Convenient Ottawa Location. Don't miss this opportunity to own a property in a well-located area of Ottawa, just minutes from local shops, dining, parks, and easy access to major routes. Whether you're a homeowner looking to build equity or an investor seeking your next project, this property offers incredible upside. This home is in need of a full renovation and is being sold as-is, but presents a blank canvas to bring your vision to life. With the right updates, this property can be transformed into a beautiful, modern home "tailored to your style." Financing Opportunity: This property may qualify for a FHA 203(k) Loan, allowing buyers to finance both the purchase and renovation costs into one loan - making it possible to turn this home into essentially a brand-new space without needing large upfront cash. Bring your ideas and unlock the full potential of this property! This is a strong value-add opportunity that's ideal for owner-occupants or investors looking to customize finishes and layout to your preference. Located near amenities, schools, major roads, and great potential for long-term appreciation. "assignment of equitable interest"

Property Specifics

Single Family
1911
No
— / Not Applicable
12621711
2111303005

Nearby Schools

NAME: DISTRICT: DISTANCE:
High School
Ottawa Township High School
140 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
5 May, 2026 Under contract $59,000 MRED MLS
Last price change $79,000 MRED MLS
16 Apr, 2026 Listed for sale $79,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 2
Bedrooms Above Ground: 2
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 1
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

50x125
Not in DB

Tax History

Year Property Taxes
2026 $3,062

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Listing Provided By

Home First Realty Inc