$375,000
SOLD SEP 22, 2025

2940 E 1509th Rd Ottawa, IL 61350

5 Beds
2 Baths
3,444 Sq Ft
1.72 Acres

Recently Sold

$109 Per Sq Ft

17% Below List Price

40 Days on Market

Highlights

  • 1.72 Acre Lot
  • Recreation Room
  • 2 Car Attached Garage
  • Wallace Elementary School Rated 9+
  • Workshop
  • Living Room

About This Home

As of September 2025

Offered for the first time by its original owners, this generously sized 5-bedroom, 2-bath home sits on a beautiful 1.75-acre lot in one of Ottawa's most sought-after neighborhoods, known for its rare turnover, quiet, spacious lots, and the highly regarded Wallace School District. Inside, you'll find massive bedrooms and multiple living spaces, including a finished basement that offers plenty of flexibility for recreation, a home office, or extended family living. The home's solid construction and expansive layout are ready to be transformed into your dream residence. Outdoors, enjoy a serene, park-like setting with mature trees surrounding the large yard - perfect for gatherings, gardening, or simply relaxing. The property includes an attached two-car garage plus a detached shed with a roll-up door, offering excellent space for hobbies or additional storage. Brand new AC and roof installed within the last year. With its unbeatable location, substantial square footage, and exceptional lot size, this is a rare chance to secure a forever home and update it exactly to your tastes. Schedule a walk-through so that you can see the incredible potential and space for yourself!

Last Agent to Sell the Property

Gentry Nordstrom

TCG Realty License #471020495 Listed on: 07/02/2025

Co-Listed By

Kimberly Hanouw

TCG Realty License #475178903

Last Buyer's Agent

Non Member

NON MEMBER

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,364

Year Built

  • Built in 1986

Lot Details

  • 1.72 Acre Lot
  • Lot Dimensions are 182x389x189x438

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Vinyl Siding

Interior Spaces

  • 3,444 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Recreation Room
  • Workshop
  • Utility Room with Study Area
  • Laundry Room
  • Partially Finished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Shed

Schools

  • Wallace Elementary School
  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas
  • Well
  • Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,364

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1986
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Partially Finished, Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • LivingArea: 3444
  • Room Type: Bedroom 5, Other Room, Recreation Room, Workshop
  • Estimated Total Finished Sq Ft: 3444
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 4686

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • OtherStructures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Attached, Garage
  • ParkingTotal: 7

Utilities

  • Sewer: Septic Tank
  • Cooling: Central Air
  • Heating: Natural Gas, Steam
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wallace Elementary School
  • High School: Ottawa Township High School
  • Middle/Junior School: Wallace Elementary School

Lot Info

  • Lot Size Acres: 1.72
  • Lot Dimensions: 182X389X189X438
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 17

Tax Info

  • Tax Annual Amount: 10364
  • Tax Year: 2024
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2025
Closed on
Sep 17, 2025
Sold by
Sirek Wayne and Elizabeth S Sirek Estate Elizabeth S Sirek Es
Bought by
Bell James L and Bell Danielle
Seller's Agent
Gentry Nordstrom
TCG Realty
Buyer's Agent
Non Member
NON MEMBER
List Price
$450,000
Sold Price
$375,000
Premium/Discount to List
-$75,000
-16.67%
Views
61
Current Estimated Value
$396,381

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,381
Avg. Annual Appreciation
15.71%
Original Mortgage
$337,500
Outstanding Balance
$337,500
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$58,881

Purchase Details

Closed on
Jul 27, 2023
Sold by
Sirek Elizabeth S
Bought by
Ottawa Township Road District
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Executors Deed $375,000 None Available
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/22/2025 09/22/25 Sold $375,000 -6.3% $109 / Sq Ft
08/11/2025 08/11/25 Pending -- -- --
08/07/2025 08/07/25 Price Changed $400,000 -7.0% $116 / Sq Ft
07/17/2025 07/17/25 Price Changed $429,900 -4.5% $125 / Sq Ft
07/02/2025 07/02/25 For Sale $450,000 -- $131 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $10,364 $149,170 $15,085 $134,085
2023 $6,298 $133,509 $13,501 $120,008
2022 $6,426 $122,344 $17,210 $105,134
2021 $6,513 $114,673 $16,131 $98,542
2020 $6,501 $108,932 $15,323 $93,609
2019 $6,591 $107,822 $15,167 $92,655
2018 $7,601 $105,233 $14,803 $90,430
2017 $6,609 $102,010 $14,350 $87,660
2016 $6,572 $97,636 $13,735 $83,901
2015 $6,560 $93,137 $13,102 $80,035
2012 -- $101,819 $14,324 $87,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12408476

Midwest Real Estate Data (MRED)

APN: 21-03-326000