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1517 LaSalle Street Ottawa, IL 61350
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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
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
View Y/N true
Roof Type Asphalt
Building
Lot Description Level
Story 1 Story
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