1517 Lasalle Street, Ottawa, Illinois 61350
$40,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 1,230 |
| Cost/Sqft: | $41 |
| Beds: | 1 |
| Baths: | 1 |
| Year Built: | 1911 |
| Property Taxes: | $2,028 |
| Days On Market: | 455 |
| Lot Size: | 0,14 |
Description
Exciting opportunity at the infamous "Rainbow House"! This 1,230 sq. ft. ranch home, bursting with potential, is ready for its next chapter! Featuring 1 bedroom, 1 bathroom, and located just minutes from downtown restaurants and shopping, this property offers incredible flexibility. Whether you're envisioning it as a rental, a starter home, or even a business space (as it has been used before), the possibilities are endless. While the home needs some updates and TLC, its unique charm and prime location make it a diamond in the rough. With a little creativity, you can transform this iconic property into something truly special. Don't miss your chance to bring new life to the "Rainbow House"! Can be purchased as a package with 1507 La Salle (MLS 12257016) for 310,000.
Property Specifics
| Single Family | |
| — | |
| — | |
| 1911 | |
| — | |
| — | |
| No | |
| 0.14 |
| — | |
| — | |
| 0 / Not Applicable | |
| — | |
| — | |
| — | |
| 12257659 | |
| 2102424004 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Jefferson Elementary: K-4th Grad |
141 | — | |
|
Middle School
Shepherd Middle School |
141 | Not in DB | |
|
High School
Ottawa Township High School |
140 | Not in DB | |
|
Alternate Elementary School
Central Elementary: 5th And 6th |
— | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Jan, 2014 | Sold | $33,500 | MRED MLS |
| 20 Dec, 2013 | Under contract | $39,900 | MRED MLS |
| — | Last price change | $42,000 | MRED MLS |
| 18 Sep, 2013 | Listed for sale | $42,000 | MRED MLS |
| 30 Nov, 2017 | Sold | $45,000 | MRED MLS |
| 21 Nov, 2017 | Under contract | $69,900 | MRED MLS |
| 16 Nov, 2017 | Listed for sale | $69,900 | MRED MLS |
| 4 Feb, 2025 | Sold | $40,000 | MRED MLS |
| 8 Jan, 2025 | Under contract | $50,000 | MRED MLS |
| 17 Dec, 2024 | Listed for sale | $50,000 | MRED MLS |
| 27 Feb, 2026 | Under contract | $140,000 | MRED MLS |
| 24 Feb, 2026 | Listed for sale | $140,000 | MRED MLS |
Room Specifics
Total Bedrooms: 1
Bedrooms Above Ground: 1
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 1
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
| 1 | |
| — | |
| Concrete | |
| — | |
| — | |
| 40X150 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2014 | $1,089 |
| 2017 | $1,779 |
| 2025 | $2,028 |
| 2026 | $2,215 |
Contact Agent
Nearby Similar Homes
Nearby Sold Comparables
Contact Agent
Listing Provided By
Coldwell Banker Real Estate Group
