$162,500

1506 Phelps St Ottawa, IL 61350

Estimated payment $1,071/month

Total Views 1,882
2 Beds
1 Bath
950 Sq Ft
$171 Price per Sq Ft

Highlights

  • Deck
  • Wood Flooring
  • Enclosed Patio or Porch
  • Ranch Style House
  • Formal Dining Room
  • Living Room

About This Home

Come take a look at this well-cared-for 2-bedroom, 1-bath ranch home on Ottawa's west side! You'll find hardwood floors in both bedrooms and easy-care laminate throughout the rest of the home. The spacious living area and efficient floor plan make the space feel comfortable and inviting. The basement is clean and provides excellent storage or potential for future finishing. Outside, you'll appreciate the 2-car garage with convenient alley access-perfect for parking and hobbies. This property is neat, solid, and move-in ready-a great opportunity for a first-time buyer, downsizer, or investor. Roof updated in 2017, furnace and WH 2018.

Listing Agent

Doug Carroll

RE/MAX 1st Choice Listed on: 10/13/2025

RE/MAX 1st Choice

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,498

Year Built

  • Built in 1927

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 50x120

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof

Interior Spaces

  • 950 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Deck
  • Enclosed Patio or Porch

Schools

  • Ottawa Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,498

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Basement: Unfinished, Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Hardwood, Laminate
  • Interior Amenities: 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 950
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 950
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 950
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Vinyl Siding
  • Patio And Porch Features: Deck, Screened
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Garage Door Opener, On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • 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: 0.14
  • Lot Dimensions: 50x120
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 5
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2497.56
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

Range of Values:

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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 $2,498 $30,251 $4,039 $26,212
2023 $2,220 $27,075 $3,615 $23,460
2022 $1,983 $24,573 $4,901 $19,672
2021 $1,831 $23,032 $4,594 $18,438
2020 $1,698 $21,879 $4,364 $17,515
2019 $1,732 $21,656 $4,320 $17,336
2018 $1,673 $21,136 $4,216 $16,920
2017 $1,595 $20,489 $4,087 $16,402
2016 $1,504 $19,611 $3,912 $15,699
2015 $1,399 $18,708 $3,732 $14,976
2012 -- $20,451 $4,080 $16,371
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2025 10/13/25 For Sale $162,500 +41.3% $171 / Sq Ft
10/04/2021 10/04/21 Sold $115,000 -11.2% $121 / Sq Ft View Prior Sale
08/20/2021 08/20/21 Pending -- -- --
07/23/2021 07/23/21 For Sale -- -- --
07/21/2021 07/21/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $129,500 -- $136 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $115,000 Wheatland Title
Warranty Deed $60,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $109,250 New Conventional
Source: Public Records

About the Listing Agent

Doug Carroll

RE/MAX 1st Choice

(815) 515-7081

Section Image

Having the right real estate agent means having an agent who is committed to helping you buy or sell your home with the highest level of expertise in your local market. This means also to help you in understanding each step of the buying or selling process. This commitment level has helped me build a remarkable track record of delivering results. Nothing is more exciting to me than the gratifying feeling I get from helping people meet their real estate needs. You can count on me to always do

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12494354

Midwest Real Estate Data (MRED)

APN: 21-10-418007