318 E Prospect Avenue Ottawa, IL $ 499,000
318 E Prospect Avenue
$ 499,000
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318 E Prospect Avenue

Ottawa, IL, 61350
$ 499,000
Bedrooms4 Baths2.1 Sq 3,376

Monthly Estimate*

$ 3,113

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Single Family Home for sale in Ottawa, IL

for $499,000 with 4 bedrooms and 2 full baths, 1 half bath. This 3,376 square foot home was built in 1929 on a lot size of 0.69.

Don't miss this opportunity to own one of Ottawa's premier riverfront estates, where historic charm meets riverfront luxury. Offering quintessential panoramic views of the waterfront, the property combines history, character and comfort in one exceptional setting. Outdoors, the estate's expansive patio and gardens echo its storied past, providing a setting for both peaceful tranquility of the riverfront, serenity as well as offer the perfect space for lively entertaining. Inside you'll find a spacious layout and flow, as the gracious entryway welcomes family and guests. The main level features a large living room with fireplace, a formal dining room with built ins, charming arched doorways, a cozy office with cabinetry, card room and 1/2 bath. At the heart of the home, the kitchen(Miele ovens, Subzero refrigerator, cooktop island with stainless hood) opens to the adjacent family room, offering wooden beams, cozy fireplace, wet bar and floor to ceiling windows and slider, to capture the ever changing riverfront views. The second floor offers 4 bedrooms, to include a large primary bedroom which opens to a smaller bedroom which could serve as a nursery, or become a custom wardrobe closet or ensuite primary bathroom. Two additional bedrooms, one with attached full bath, ensure ample space and functionality for family and guests. The main full bath offers tub/shower and river views. "Casa Godfrey" as it's been known for many generations, is a riverfront gem, walking distance to Charming Historic Ottawa, with its wonderful selection of shopping and dining, the greater Starved Rock Country, area, home to gorgeous state parks for hiking, the I & M Canal hiking/biking trail and much much more. Schedule your tour today!

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Single Family Contingent

Price

$ 499,000

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 15,153

Style

Georgian

Lot Size

0.69

Year Built

1929

Town/City

Ottawa

County/Region

La Salle

MLS | Web ID

12449452

Features
General
Living Area 3376
Sewer Public Sewer
Heating Forced Air Steam Sep Heating Systems - 2+
Cooling Central Air
Possession Closing
Roof Asphalt
Appliances Double Oven Dishwasher High End Refrigerator Bar Fridge Stainless Steel Appliance(s) Cooktop Range Hood Electric Cooktop Oven
Garage Spaces 2
Association Fee Includes None
Architectural Style Georgian
Construction Materials Brick
Year Built 1929
Electric Circuit Breakers 200+ Amp Service
Township Ottawa
Tax Year 2024
Ownership Fee Simple
Community Features Curbs Street Lights
Assoc Fee Paid Per Not Applicable
County LaSalle
New Construction N
Property Type Residential Detached Single
Contingency Attorney/Inspection
Total Rooms 10
Full Baths 2
Status Contingent
Directions South Side of Ottawa. Route 23 South to First Ave. Take left on First Ave. to E. Prospect. Take right. Home is on left side of Street.
High School Ottawa Township High School
City Ottawa
High School District 140
MLS Area Danway / Dayton / Naplate / Ottawa / Prairie Cent
Elementary School Mckinley Elementary: K-4th Grade
Tax Annual Amount 15153.92
Middle/Junior High School Shepherd Middle School
Standard Status Active Under Contract
Middle/Junior School District 141
Elementary School District 141
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Interior
Interior Amenities Wet Bar Built-in Features Beamed Ceilings Separate Dining Room
Basement Unfinished Full
Flooring Hardwood Carpet
Total Fireplaces 2
Fireplace Features Wood Burning
Half Baths 1
Total Bedrooms 4
Room Type Office Sitting Room
Total Baths 3
Bedrooms Possible 4
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Exterior
Parking Features Concrete Yes Garage Owned Detached Garage
Lot Features Mature Trees Views
Water Source Public
Total Parking 2
Foundation Details Block Concrete Perimeter
Lot Dimensions 117x298x117x305
Lot Size Acres 0.69
Waterfront Y/N Y
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* Excluded Features
List By
Homesmart Realty Group Il

Broker

tammybarry95@gmail.com

Email

Affordability Calculator

$4,376
Per Month
71%
29%
0%
Monthly Principal & Interest
$3,113
Monthly Property Taxes
$1,263
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1539972 Elementary School
565736 Middle School
Ottawa Township High School High School
Pricing History
DatePricePrice ChangeDescription
11/11/2025$499,000 -9.27% Price Down
10/28/2025$550,000 -9.09% Price Down
10/11/2025$605,000 -3.20% Price Down
9/21/2025$625,000 Listed Price

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318 E Prospect Avenue, Ottawa, IL, 61350 is a Single Family Home for sale at $499,000 with 3,376 sqft and a lot size of 0.69. 318 E Prospect Avenue has 4 bedrooms, 2.1 baths, and was built in 1929. The property's zip code is 61350 which is in Ottawa, IL