PENDING
$50K PRICE DROP
2940 E 1509th Rd Ottawa, IL 61350
Estimated payment $3,043/month
Total Views
10,989
5
Beds
2
Baths
3,444
Sq Ft
$116
Price per Sq Ft
Highlights
- 1.72 Acre Lot
- Workshop
- Laundry Room
- Recreation Room
- Living Room
- Utility Room with Study Area
About This Home
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!
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 Garage
Home Design
- Brick Exterior Construction
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
- 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
Map
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Home Values in the Area
Average Home Value in this Area
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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Available |
Source: Public Records
Similar Homes in Ottawa, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 12408476
APN: 21-03-326000
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