$40,000
$50,000
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1517 LaSalle ST Ottawa, IL 61350
1 Bed
1 Bath
1,230 SqFt
Key Details
Sold Price $40,000
Property Type Single Family Home
Sub Type Detached Single
Listing Status Sold
Purchase Type For Sale
Square Footage 1,230 sqft
Price per Sqft $32
MLS Listing ID 12257659
Sold Date 02/04/25
Style Ranch
Bedrooms 1
Full Baths 1
Year Built 1911
Annual Tax Amount $2,027
Tax Year 2023
Lot Size 5,998 Sqft
Lot Dimensions 40X150
Property Sub-Type Detached Single
Property Description
Exciting opportunity at the infamous "Rainbow House"! This 1,230 sq. ft. ranch home, bursting with potential, is ready for its next chapter! Featuring 1 bedroom, 1 bathroom, and located just minutes from downtown restaurants and shopping, this property offers incredible flexibility. Whether you're envisioning it as a rental, a starter home, or even a business space (as it has been used before), the possibilities are endless. While the home needs some updates and TLC, its unique charm and prime location make it a diamond in the rough. With a little creativity, you can transform this iconic property into something truly special. Don't miss your chance to bring new life to the "Rainbow House"! Can be purchased as a package with 1507 La Salle (MLS 12257016) for 310,000.
Location
State IL
County Lasalle
Area Danway / Dayton / Naplate / Ottawa / Prairie Center
Rooms
Basement Partial
Interior
Interior Features First Floor Bedroom, First Floor Full Bath
Heating Natural Gas, Forced Air
Cooling Central Air
Fireplace N
Exterior
Parking Features Attached
Garage Spaces 1.0
Roof Type Asphalt
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Jefferson Elementary: K-4Th Grad
Middle Schools Shepherd Middle School
High Schools Ottawa Township High School
School District 141 , 141, 140
Others
HOA Fee Include None
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with George Shanley • Coldwell Banker Real Estate Group
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