639 W Madison Street, Ottawa, IL

$59,000

Overview

  • 377317
  • Property ID
  • Updated On:
  • April 28, 2026
  • 2
  • Bedrooms
  • 1
  • Bathrooms
  • 1,315 ft2
  • Property Size

Description

Great Opportunity in a Convenient Ottawa Location. Don’t miss this opportunity to own a property in a well-located area of Ottawa, just minutes from local shops, dining, parks, and easy access to major routes. Whether you’re a homeowner looking to build equity or an investor seeking your next project, this property offers incredible upside. This home is in need of a full renovation and is being sold as-is, but presents a blank canvas to bring your vision to life. With the right updates, this property can be transformed into a beautiful, modern home “tailored to your style.” Financing Opportunity: This property may qualify for a FHA 203(k) Loan, allowing buyers to finance both the purchase and renovation costs into one loan – making it possible to turn this home into essentially a brand-new space without needing large upfront cash. Bring your ideas and unlock the full potential of this property! This is a strong value-add opportunity that’s ideal for owner-occupants or investors looking to customize finishes and layout to your preference. Located near amenities, schools, major roads, and great potential for long-term appreciation. “assignment of equitable interest”

Bathrooms
1
2
Climate Control
Heating
Floor Area
1,000-2,000 sqft
Other Features
Natural Gas
None
Public
Public Sewer
Vinyl Siding

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$302.50
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 228.75

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Information for the property at 639 W Madison Street, Ottawa, IL, 61350 (Property ID: 377317) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi