$409,000
$11K PRICE DROP

303 E Prospect Ave Ottawa, IL 61350

Estimated payment $2,579/month

Total Views 9,146
4 Beds
2.5 Baths
2,398 Sq Ft
$171 Price per Sq Ft

Highlights

  • Mature Trees
  • Wood Flooring
  • Corner Lot
  • Property is near park
  • Victorian Architecture
  • Wine Refrigerator

About This Home

Own a piece of Ottawa's history. Built in 1894, this beautifully restored 2-story Victorian blends timeless architectural charm with extensive modern updates-thoughtfully and lovingly completed by the current owners. This historic home features 2,398 square feet of living space with a flexible and generous layout, including a huge living room, a first-floor bedroom, and a rare first-floor powder room. The cozy dining room and family room are accented by preserved original details, including the original banister and French doors, maintained out of respect for the home's rich history. The updated kitchen seamlessly complements the home's character. Major improvements include dual HVAC systems-with newly added air conditioning on the second floor, a new hot water heater, and a full electrical upgrade from 60-amp to 200-amp service. Plumbing has been updated, the sewer line replaced, new water shut-off valves added, and incoming service upgraded. The basement features Permaseal waterproofing, a dry workspace with a built-in workbench, and updated electrical. The primary suite has undergone a total renovation, transforming a former apartment into a relaxing retreat with a soaking tub, separate shower, laundry folding counter, wine fridge, washer/dryer combo, and all-new plumbing-no expense spared. Upstairs also features two additional bedrooms and two full baths, refinished hardwood floors, updated windows, and thoughtfully upgraded lighting throughout. Additional highlights include: Third-floor attic with abundant storage, new electric, ductwork, and space supporting the dual HVAC system. Multiple balconies, including off the primary bedroom, dressing room, and living room. Entire exterior freshly painted. Beautifully landscaped-corner lot- with fire pit and shed. Huge garage-originally a stable-offering a 14' x 10' main-level storage area and a 19' x 17' loft with new flooring. Multiple washer/dryer locations (upstairs and basement). Layers of wallpaper painstakingly removed! This home is move in ready! Located just 1 mile from downtown Ottawa with its restaurants, shops, and activities, and 3 miles from I-80 for easy commuting. Be sure to explore the 3D tour to fully appreciate this exceptional home. An amazing historic property offered for sale as-is. A rare opportunity to own a meticulously restored Victorian while enjoying the comforts of modern living.

Listing Agent

Kathy McDermott

HomeSmart Connect LLC License #475172857 Listed on: 01/16/2026

HomeSmart Connect LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,658

Year Built

  • Built in 1894

Lot Details

  • Lot Dimensions are 65 x 132
  • Corner Lot
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Victorian Architecture
  • Stone Foundation
  • Asphalt Roof

Interior Spaces

  • 2,398 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Drapes & Rods
  • French Doors
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Wine Refrigerator

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in multiple locations
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry
  • Sump Pump
  • Basement Storage

Home Security

  • Storm Doors
  • Carbon Monoxide Detectors

Outdoor Features

  • Balcony
  • Patio
  • Shed
  • Porch

Location

  • Property is near park

Schools

  • Ottawa Township High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,658

Year Built

Built in 1894

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Price Change
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Refrigerator, Washer, Dryer, Wine Refrigerator
  • Basement: Unfinished, Exterior Entry, Storage Space, Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors, Storm Door(s)
  • Fireplace Features: Decorative
  • Fireplaces: 1
  • LivingArea: 2398
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Water Heater-Gas
  • Room Type: Foyer, Walk In Closet
  • Window Features: Drapes
  • Estimated Total Finished Sq Ft: 0
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Fireplace Location: Living Room
  • Total Sq Ft: 0
  • Attic: Full,Unfinished
  • Flooring: Hardwood

Exterior Features

  • Construction Materials: Other
  • ExteriorFeatures: Balcony
  • Foundation Details: Stone
  • Lot Features: Corner Lot, Mature Trees
  • OtherStructures: Shed(s), Storage
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, Garage Door Opener, Yes, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: Gas Dryer Hookup, Multiple Locations
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • 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 Dimensions: 65 x 132
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 5658
  • Tax Year: 2024
  • Tax Exemptions: Homeowner

Map

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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 $5,658 $60,736 $8,585 $52,151
2023 $5,266 $55,854 $7,895 $47,959
2022 $4,812 $50,994 $12,748 $38,246
2021 $4,500 $47,810 $11,952 $35,858
2020 $4,238 $45,586 $11,396 $34,190
2019 $4,229 $44,215 $11,053 $33,162
2018 $4,100 $43,086 $10,771 $32,315
2017 $3,981 $42,150 $10,537 $31,613
2016 $3,829 $40,646 $10,161 $30,485
2015 $3,625 $38,899 $9,724 $29,175
2012 -- $39,657 $9,913 $29,744
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/23/2026 02/23/26 Price Changed $409,000 -2.2% $171 / Sq Ft
02/17/2026 02/17/26 Price Changed $418,000 -0.5% $174 / Sq Ft
01/16/2026 01/16/26 For Sale $420,000 +236.3% $175 / Sq Ft
06/30/2020 06/30/20 Sold $124,900 -3.9% $52 / Sq Ft View Prior Sale
05/26/2020 05/26/20 Pending -- -- --
04/28/2020 04/28/20 For Sale $129,949 +4.0% $54 / Sq Ft
03/31/2020 03/31/20 Off Market $124,900 -- --
03/15/2020 03/15/20 Price Changed $129,949 -12.6% $54 / Sq Ft
02/21/2020 02/21/20 Price Changed $148,711 -5.2% $62 / Sq Ft
01/15/2020 01/15/20 Price Changed $156,900 -4.9% $65 / Sq Ft
11/24/2019 11/24/19 Price Changed $164,900 -8.1% $69 / Sq Ft
10/21/2019 10/21/19 Price Changed $179,502 -4.8% $75 / Sq Ft
09/26/2019 09/26/19 For Sale $188,502 -- $79 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Warranty Deed $125,000 Attorney
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12548009

Midwest Real Estate Data (MRED)

APN: 22-12-335001

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