When was property at 1315 West Main Street built and last sold?

The property at 1315 West Main Street was built in 1930 and last sold on Jan 1, 1970 for $0.

How much is this home worth?

The estimated value of the home located at 1315 West Main Street is $108,635.

What are some comparable homes to 1315 West Main Street?

There are currently no comparable homes to 1315 West Main Street.

Ottawa

61350

1315 W Main Street

$95,000

● House - Off Market

1315 W Main Street

Ottawa, IL 61350

3 Beds

1 Bath

1,320 Ft²

$763

Est. Monthly

26.75%

Cap Rate

About This Property

This 3-bedroom, 1-bathroom home presents a fantastic investment opportunity. Previously used as a rental, this property offers strong potential for continued rental income or owner-occupancy. The home features a spacious, unfinished walk-up attic, ideal for storage or future expansion. With some creativity, this attic could be transformed into additional bedrooms or living space, significantly increasing the property's value. The large backyard provides ample outdoor space. Third bedroom currently used as a laundry room. Don't miss this chance to own a property with excellent rental history and significant upside potential.

Unit Size

1,320 Ft²

Days on Market

Land Size

Price per sqft

$76

Property Type

House

Property Taxes

$271

HOA Dues

Year Built

1930

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (MRED MLS #12209538)

Price History

Date / Event	Date	Event
Jan 17, 2025	Sold	Premium
Sold
Nov 28, 2024	In contract	-
In contract
Nov 12, 2024	Listed by RE/MAX 1st Choice	$100,000
Listed by RE/MAX 1st Choice

Property Highlights

Building Info

Overview

General

Year Built: 1930

Effective Year Built: 1930
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 0
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 8,130

Total Building Area: 1,317
Gross Building Area: 1,317
Building Area: 1,317
Building Area Measurement: T

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: NORRIS ADD
Land Acres: 0000000186
Standard Land Use Code: 1999
County Land Use Code: 0040
Legal Description 1: NORRIS ADD LT 4 BLK 4 SEC 10-33-3

Neighborhood

School District Name: Ottawa Elementary School District 141

Census Tract: 962800

Geography

District: OT

Parcel: 21-10-409-006
Block: 4
Lot: 4
Meridian: SEC 10 TWN 33 RNG 03
Municipality: OTTAWA TOWNSHIP
Latitude: 41.3453
Longitude: -88.8593

Address

Full Address: 1315 W Main St

Address - House Number: 1315
Street Direction: W
Address - Street Name: Main
Address - Suffix Type: St
State: IL
City Name: Ottawa
Carrier Code: C005
4-Digit Zip Code: 2518
Zip Code: 61350

Valuation

Tax

Tax Year: 2022

Tax Amount: $299,330
Tax Rate Code Area: OT002

Appraisal Valuation

Standard Deviation: 0.1361

Valuation Date: Jun 14, 2023
Confidence Score: 72
Final Value: 97,572
High Value: 110,856
Low Value: 84,287

Market Valuation

Market Total Value: $84,108

Market Land Value: $22,161
Market Improvement Value: $61,947

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $28,036
Assessed Land Value: $7,387
Assessed Improvements Value: $20,649

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ottawa

Stats & Trends

Median Asking:

$229,500

Sale Price/ft²

$156

Below Asking

0.02%

Average Days on Market

Average Home Size

1768 ft²

Average Home Age

48.7 years

Currently For Sale

67 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2427 Reynolds Manor Drive, Ottawa, IL, 61350

$2,350 /mo

2 Beds
2 Baths
1,276 ft²

2427 Reynolds Manor Drive, Ottawa, IL, 61350 Listing by Tammy Barry

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Douglas Carroll, RE/MAX 1st Choice
Last Updated: 2 years ago
Data Source: MRED, MLS# 12209538

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1315 W Main Street

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Ottawa

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions