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$244,999
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Property Description
Great Investment Opportunity located in beautiful downtown Ottawa! This rental property includes 3 Units. One of them being a beautiful home. This home includes a loft master suite with an abundance of storage, jacuzzi tub, skylights, and a private upper deck located right off the master suite! The lower floor of the home is an open concept floor plan. This home has a paved lower deck, vinyl fencing, as well as a 2 car garage! Right next door you will find a two unit rental. Lower unit has two bedrooms and one bath. Upper unit has two bedrooms and one bath, with a bonus room! This is a great investment property located near beautiful Starved Rock Park and many other amenities. Start generating rental income now. Don't wait, this great investment opportunity is going to go fast!!
Full Property Details
Full Property Details for 608 W Madison St
General
- Price: $244,999
- Taxes: $8,915 (2024)
- Status: Active
- Type: Multi-Family
- Source: MRED
- MLS ID: 12515074
- Updated: 5/5/2026
- Added to Site: 96 day(s) ago
Interior
- Basement: Unfinished
Rooms
Bathrooms
- Total Bathrooms: 5
- Upper - Full Baths: 3
Bedrooms
- Total Bedrooms: 5
Exterior
- Exterior Features: Balcony
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 4
- Parking Features: Garage Door Opener, Yes, Garage Owned, Detached, Other, Garage
Location
- Area: Danway / Dayton / Naplate / Ottawa / Prairie Center
- County: LaSalle
- Township: Ottawa
- Driving Directions: From Interstate 80, take Route 23 South to Madison Street, turn right, approximately 4 blocks, property is on the North side of Madison Street.
School Information
- School District: 141
- Elem School District: 141
- Midd School District: 141
- High School District: 140
- High School: Ottawa Township High School
- Private School: Ottawa Township High School
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Vinyl Siding, Other
- Exterior Const.: Vinyl Siding, Other
- Basement: Yes
- Basement Desc.: Unfinished, Cellar, Partial
- Roof: Asphalt, Metal
- Year Built: 1920
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 66 x 110 x 33 x 50 x 33 x 60
- Fence: Yes
- Fencing (Description): Fenced, Partial
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1920
- Tax Amount: $8,915.92
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 2111144020
Listed by Local Realty Group, Inc.
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Schools
Schools serving 608 W Madison St
| Name | Grades | Distance |
|---|---|---|
Lincoln Elementary School, Ottawa, IL 1110 West Main Street, Ottawa, IL 61350 | PK-4 | 0.4 mi |
Shepherd Middle School, Ottawa, IL 701 East McKinley Road, Ottawa, IL 61350 | 7-8 | 1.9 mi |
Ottawa Township High School 211 East Main Street, Ottawa, IL 61350 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 608 W Madison St
Date
Details
Price
Change
Source
3/25/2026
Price Reduced
$244,999
-2%
MLS
2/05/2026
Listed
$250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 608 W Madison St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,161
-8%
$95,542
10%
2024
$8,916
9%
$86,573
12%
2023
$8,161
8%
$77,484
10%
2022
$7,565
7%
$70,325
7%
2021
$7,087
6%
$65,915
5%
2020
$6,697
8%
$62,615
1%
2019
$6,193
—
$61,976
2%
2019
$6,193
7%
$60,488
3%
2017
$5,795
5%
$58,635
4%
2016
$5,539
—
$56,121
5%
2016
$5,539
—
$53,536
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 608 W Madison St
608 W Madison Street, Ottawa, IL 61350 (MLS# 12515074) is a Multi-Family property with 3 units containing 5 bedrooms and 0 full bathrooms. 608 W Madison Street is currently listed for $244,999 and was received on February 05, 2026. Want to learn more about 608 W Madison Street? Do you have questions about finding other Multi-Family real estate for sale in Ottawa? You can browse all Ottawa real estate or contact a Coldwell Banker agent to request more information.

