$685,000

116 W Prospect Ave Ottawa, IL 61350

Estimated payment $4,995/month

Total Views 19,346
10 Beds
8.5 Baths
5,638 Sq Ft
$121 Price per Sq Ft

Highlights

  • Additional Residence on Property
  • River Front
  • Fireplace in Bedroom
  • Second Kitchen
  • 0.72 Acre Lot
  • Wood Flooring

About This Home

Welcome to the Cora J. Pope Home, one of Ottawa's most recognizable historic landmarks and a rare opportunity for anyone seeking a luxury Airbnb, boutique inn, or bed-and-breakfast property. Built in 1902 by Milton and Cora Pickens Pope, this Victorian masterpiece has been lovingly restored to its original grandeur while thoughtfully updated for modern comfort. Perched on a scenic bluff overlooking downtown Ottawa and the Illinois River, the home immediately impresses with its stately exterior, welcoming porch, decks and balconies, and intricate architectural details that have welcomed guests for more than a century. Inside, the grand foyer sets the tone with elegant woodwork and a hearth room featuring a fireplace, a stunning staircase, and warm gathering space. The adjacent full bathroom with a garden tub sits conveniently beneath the stairs. Off the hearth room you'll find a large formal parlor with space to relax, entertain, or simply enjoy the ambiance of a home with deep local roots; an elevator provides additional convenience. The family room offers another cozy retreat with a second fireplace, built-ins, and a turret-style sitting nook perfectly positioned for river views. The formal dining room is a showstopper with beamed ceilings, wainscoting, built-in china cabinet, and a fireplace, creating a timeless atmosphere for gatherings of any size. A kitchenette or butler's pantry with original cabinetry and leathered granite connects to the main kitchen, which blends modern stainless steel appliances with custom cabinetry designed to match the home's historic character. The main level also includes a bedroom currently used as an office, a full bathroom, and three additional flex rooms currently used as a gathering room, family room, and gift shop, offering excellent layout options for guest suites or business use. Upstairs, the expansive landing showcases leaded glass windows with sweeping river views and leads to four bedrooms, each full of character. Cora's room features birds-eye maple woodwork, a fireplace, and an en-suite bathroom with a stunning soaking tub and separate water closet. Milton's room also includes an en-suite bathroom and connects to an adjoining bedroom that can remain private or linked as a suite. The Starved Rock room sits next to a historic full bathroom with original "wet-set" subway tile and soaking tub. An additional full bathroom with tub/shower rounds out the second level. The third floor continues the home's rich character with the Riverview Suite, named for its stunning views, complete with French doors opening to a private balcony and an en-suite full bathroom. The Bishop's Suite features beautiful exposed brick, a walk-in closet, an impressive bath with curved walls showcasing a soaking tub, and an attached secondary bedroom and kitchenette, making it ideal for extended-stay guests. The basement houses exceptionally well-maintained mechanical systems, including a fire-suppression system with three 100-gallon tanks, dual boilers, anti-freeze protection, two sump pumps with French drains, 400-amp electrical service with a 220 plug, laundry area with egress window, and a convenient half bathroom. The elevator has been fully updated to current standards with new mechanical lines. Also on the property, sits a separate ranch home, currently rented. This property is a striking blend of history, luxury, and opportunity, offering an unmatched layout for short-term rental hosting, multi-suite accommodations, events, or a dream owner-occupied business. With its rich history, breathtaking views, restored architectural integrity, and modern updates, the Cora J. Pope Home stands ready for its next chapter. Don't miss the chance to own and operate a truly remarkable piece of Ottawa's heritage.

Listing Agent

George Shanley

Coldwell Banker Real Estate Group License #475092481 Listed on: 12/09/2025

Coldwell Banker Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,207

Year Built

  • Built in 1902 | Remodeled in 2023

Lot Details

  • 0.72 Acre Lot
  • Lot Dimensions are 242x153x205x95
  • River Front
  • Corner Lot

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Asphalt Roof
  • Wood Siding

Interior Spaces

  • 5,638 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Built-In Features
  • Historic or Period Millwork
  • Beamed Ceilings
  • Fireplace in Grand Entry Hall
  • Entrance Foyer
  • Family Room with Fireplace
  • Living Room
  • Dining Room with Fireplace
  • 4 Fireplaces
  • Formal Dining Room
  • Loft
  • Water Views
  • Laundry Room

Kitchen

  • Second Kitchen
  • Butlers Pantry
  • Granite Countertops

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • Main Floor Bedroom
  • Fireplace in Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub

Unfinished Basement

  • Partial Basement
  • Finished Basement Bathroom

Parking

  • 10 Parking Spaces
  • Parking Available
  • Driveway
  • Additional Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Additional Features

  • Balcony
  • Additional Residence on Property

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,207

Year Built

Built in 1902 | Remodeled in 2023

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1902
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2023
  • Actual Status: Active
  • SomePhotosVirtuallyStaged: Yes
  • Special Features: VirtualTour
  • Property Sub Type: Detached
  • Year Renovated: 2023

Interior Features

  • Basement: Unfinished, Partial
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bathrooms: 9
  • Total Bedrooms: 10
  • Fireplaces: 4
  • Flooring: Hardwood
  • Interior Amenities: Elevator, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Historic/Period Mlwk, Beamed Ceilings, Special Millwork, Granite Counters, Separate Dining Room
  • LivingArea: 5638
  • Room Type: Bedroom 5, Bedroom 6, Bedroom 7, Bedroom 8, Bedroom 9, Bedroom 10, Other Room, Kitchen, Foyer, Loft
  • Estimated Total Finished Sq Ft: 5613
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room,Bedroom,Dining Room,Grand Entry Hall
  • Square Footage Comments: All information deemed highly reliable but not guaranteed, buyer to verify all information.
  • Total Sq Ft: 5613
  • Attic: Finished,Full,Interior Stair
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Wood Siding
  • ExteriorFeatures: Balcony
  • Foundation Details: Stone
  • Lot Features: Corner Lot, Views
  • OtherStructures: Guest House, Second Residence
  • Roof: Asphalt
  • View: Water
  • Waterfront Features: River Front
  • Waterfront: Yes

Garage/Parking

  • Parking Features: Concrete, Off Street, Driveway, Additional Parking, Yes, Owned
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air, Zoned, Other
  • Electric: Circuit Breakers, 200+ Amp Service
  • Heating: Natural Gas, Forced Air, Zoned, Other
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • High School: Ottawa Township High School

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.72
  • Lot Dimensions: 242x153x205x95
  • Rural (Y/N): N
  • Lot Size: .50-.99 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 17206.66
  • Tax Year: 2024
  • Tax Exemptions: None

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $17,207 $166,456 $33,977 $132,479
2023 $7,720 $73,087 $19,456 $53,631
2022 $7,374 $68,950 $18,355 $50,595
2021 $7,421 $68,950 $18,355 $50,595
2020 $7,381 $68,950 $18,355 $50,595
2019 $9,496 $85,815 $18,355 $67,460
2018 $9,246 $83,624 $17,886 $65,738
2017 $9,010 $81,808 $17,498 $64,310
2016 $8,719 $78,889 $16,874 $62,015
2015 -- $0 $0 $0
2012 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2025 12/09/25 For Sale $685,000 -- $121 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Deed -- Wheatland Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $300,000 Construction
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12528964

Midwest Real Estate Data (MRED)

APN: 22-11-418006