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$407,000
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Property Description
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!
Full Property Details
Full Property Details for 318 E Prospect Ave
General
- Sold For: $407,000
- Taxes: $15,153 (2024)
- Status: Closed
- Type: Single Family
- Source: MRED
- MLS ID: 12449452
- Added to Site: 116 day(s) ago
Interior
- Interior Features: Wet Bar, Built-in Features, Beamed Ceilings, Separate Dining Room
- Fireplace: Yes
- Fireplace(s): Family Room, Living Room, Wood-Burning
- Appliances: Double Oven, Dishwasher, High-End Refrigerator, Bar Fridge, Stainless Steel Appliance(s), Cooktop, Range Hood, Electric Cooktop, Oven
- Flooring: Hardwood, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: School Bus Service
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Concrete, Yes, Garage Owned, Detached, Garage
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Cent
- County: LaSalle
- Driving 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.
School Information
- School District: 141
- Midd School District: 141
- Elementary School: Mckinley Elementary: K-4th Grade
- Middle School: Shepherd Middle School
- High School: Ottawa Township High School
- Private School: Ottawa Township High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Steam, Sep Heating Systems - 2+
Utilities
- Water: Public
Structural Information
- Architectural Style: Georgian
- Construction: Brick
- Exterior Const.: Brick
- Basement Desc.: Unfinished, Full
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt
- Windows: Skylight(s)
- Sub-Flooring: Hardwood, Carpet
- Square Feet: 3,376
- Sq. Ft. Source: Assessor
- Year Built: 1929
- Built Before 1978: Yes
Lot Features
- Lot Size (Acres): 0.69
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 117 x 298 x 117 x 305
- Lot Features: Mature Trees, Views
Water Features
- Water Front: Yes
- Water Front Desc.: River Front, Waterfront
- Water Front View: Back of Property
Financial Considerations
- Assessment Year: 1929
- Tax Amount: $15,153.92
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2212334007
Listed by Homesmart Realty Group IL
Sold by Heritage Select Realty
Get Pre-Approved Today
Schools
Schools serving 318 E Prospect Ave
| Name | Grades | Distance |
|---|---|---|
Mckinley Elementary School, Ottawa, IL 1320 State Street, Ottawa, IL 61350 | K-4 | 1 mi |
Shepherd Middle School, Ottawa, IL 701 East McKinley Road, Ottawa, IL 61350 | 7-8 | 1.2 mi |
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 318 E Prospect Ave
Date
Details
Price
Change
Source
1/12/2026
Sold
$407,000
-18.44%
MLS
11/10/2025
Price Reduced
$499,000
-9.27%
MLS
10/28/2025
Price Reduced
$550,000
-9.09%
MLS
10/11/2025
Price Reduced
$605,000
-3.2%
MLS
9/21/2025
Listed
$625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
318 E Prospect Avenue, Ottawa, IL 61350 (MLS# 12449452) is a Single Family property that was sold at $407,000 on January 12, 2026. Want to learn more about 318 E Prospect Avenue? Do you have questions about finding other Single Family real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.

