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Ottawa 61350
508 Pearl Street
$245,000
● House - In Contract

508 Pearl Street

Ottawa, IL 61350
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,718 Ft²
$1,960
Est. Monthly

About This Property

Own a piece of Ottawa history with this remarkable 1902 Shingle Style home, ideally located on the city's historic east side. Enjoy close proximity to both the Illinois and Fox Rivers, downtown Ottawa's shops and restaurants, and convenient interstate access for commuters.    Rich in architectural character, this home showcases timeless details including hardwood floors, leaded glass windows, pocket doors, a stunning curved staircase, and a distinctive turret that enhances its impressive curb appeal. The expansive front porch, featuring new composite decking, provides the perfect place to relax and enjoy the neighborhood.    The welcoming foyer is flanked by a cozy library/family room and an elegant formal living room centered around a beautiful fireplace. Pocket doors lead to the formal dining room, while an adjacent office offers a private workspace with access to the backyard. The spacious kitchen provides abundant cabinetry and workspace and is complemented by a butler's pantry and convenient half bath.    Upstairs, you'll find four generously sized bedrooms, including a primary suite with three closets and a private ensuite bath. A second full bathroom serves the additional bedrooms. The finished third level offers exceptional flexibility as a recreation room, guest suite, fifth bedroom, or hobby space.    The basement provides ample storage and additional recreation potential. Outside, the fully fenced backyard is designed for entertaining, featuring an in-ground pool with a new liner in 2026, diving board, and a gradual depth reaching approximately 9.5 feet. Additional updates include a roof replacement in 2020.    Blending historic craftsmanship, architectural charm, and modern conveniences, this one-of-a-kind home offers a rare opportunity to own a true Ottawa landmark.
Unit Size
2,718 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$90
Property Type
House
Property Taxes
$757
HOA Dues
-
Year Built
1902

Listed By

George Shanley
Coldwell Banker Real Estate Group

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Property Highlights

Parking Available
Air Conditioning
Parking Details
Has Open Parking
Parking Features: Unassigned, Driveway, On Street, Yes, Owned
Interior Details
Half Bathrooms: 1
Full Bathrooms: 2
Appliances: Range, Dishwasher, Refrigerator
Rooms: 10
Basement: Unfinished, Full
Exterior Details
Square Footage: 2718
Square Footage Source: $0
Architectural Style: Shingle
Year Built: 1902
Other Structures: On Street
Construction Materials: Wood Siding, Shingle Siding
Lot Features: Level
Lot Size Area: 7187.4
Lot Size Units: Square Feet
Lot Size Acres: 0.165
Lot Size Square Feet: 7187.4
Lot Size Dimensions: 60x120
Water Source: Public
Financial Details
Tax Annual Amount: $9,083
Utilities Details
Cooling Type: Central Air, Wall Unit(s), Zoned
Heating Type: Natural Gas, Electric
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1902
  • 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: 7,141
  • Total Building Area: 2,718
  • Gross Building Area: 2,718
  • Building Area: 2,718
  • 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: GREENS ADD
  • Land Acres: 0000000163
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: GREEN'S ADD, LT 10 BLK 6 SEC 12-33-3

Neighborhood

  • School District Name: Ottawa Elementary School District 141
  • Census Tract: 962300

Geography

  • District: OT
  • Parcel: 21-12-137-009
  • Block: 6
  • Lot: 10
  • Meridian: SEC 12 TWN 33 RNG 03
  • Municipality: OTTAWA TOWNSHIP
  • Latitude: 41.3478
  • Longitude: -88.8343

    Address

  • Full Address: 508 Pearl St
  • Address - House Number: 508
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Ottawa
  • Carrier Code: C012
  • 4-Digit Zip Code: 3044
  • Zip Code: 61350

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $680,570
  • Tax Rate Code Area: OT002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 243,934
  • High Value: 277,145
  • Low Value: 210,722

    Market Valuation

  • Market Total Value: $224,232
  • Market Land Value: $29,769
  • Market Improvement Value: $194,463

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,744
  • Assessed Land Value: $9,923
  • Assessed Improvements Value: $64,821
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Ottawa


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Frequently Asked Questions

When was property at 508 Pearl Street built and last sold?
The property at 508 Pearl Street was built in 1902 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 508 Pearl Street is $258,598.
What are some comparable homes to 508 Pearl Street?
There are currently no comparable homes to 508 Pearl Street.