318 E Prospect Ave
Ottawa, IL 61350
- 4 Beds
- 2.5 Baths
- 3,376 sqft (on 0.69 acres)
$407,000
Last Sold: Jan 12, 2026
18% below list $499K
$121/sqft
Est. Refi. Payment $2,824/mo*
$407,000
Last Sold: Jan 12, 2026
18% below list $499K
$121/sqft
Est. Refi. Payment $2,824/mo*
4 Beds
2.5 Baths
3,376 sqft
(on 0.69 acres)
Homes for sale near 318 E Prospect Ave
Apartments for Rent
Local Information
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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!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from January 13, 2026
Home Highlights
Parking
Garage
Outdoor
Patio
A/C
Heating & Cooling
HOA
None
Price/Sqft
$121/sqft
Listed
180+ days ago
Home Details for 318 E Prospect Ave
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MLS Status: Closed |
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Interior Details Basement: Unfinished,FullNumber of Rooms: 10Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room, Office, Sitting RoomWet Bar |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 3376 Square Feet |
Appliances & Utilities Appliances: Double Oven, Dishwasher, High End Refrigerator, Bar Fridge, Stainless Steel Appliance(s), Cooktop, Range Hood, Electric Cooktop, OvenDishwasher |
Heating & Cooling Heating: Forced Air,Steam,Sep Heating Systems - 2+Has CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Forced Air |
Fireplace & Spa Number of Fireplaces: 2Fireplace: Wood Burning, Family Room, Living RoomHas a FireplaceNo Spa |
Gas & Electric Electric: Circuit Breakers, 200+ Amp Service |
Windows, Doors, Floors & Walls Window: Skylight(s)Flooring: Hardwood, Carpet |
Levels, Entrance, & Accessibility Stories: 2Accessibility: No Disability AccessFloors: Hardwood, Carpet |
View Has a ViewView: Back of Property |
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Exterior Home Features Roof: AsphaltPatio / Porch: PatioFoundation: Block, Concrete Perimeter |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageNo Attached GarageParking Spaces: 2Parking: Concrete,Yes,Garage Owned,Detached,Garage |
Frontage WaterfrontWaterfront: River Front, WaterfrontOn Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1929 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Georgian |
Building Construction Materials: BrickNot a New Construction |
Property Information Parcel Number: 2212334007 |
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Price List Price: $499,000Price Per Sqft: $121/sqft |
Status Change & Dates Off Market Date: Fri Dec 12 2025Possession Timing: Close Of Escrow |
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Direction & Address City: Ottawa |
School Information Elementary School: Mckinley Elementary: K-4th GradeElementary School District: 141Jr High / Middle School: Shepherd Middle SchoolJr High / Middle School District: 141High School: Ottawa Township High SchoolHigh School District: 140 |
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Building Area Building Area: 4558 Square Feet |
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Community Features: Curbs, Street Lights |
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HOA Fee Includes: None |
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Lot Area: 0.69 acres |
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Special Conditions: None |
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Listing Terms: Cash |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 12449452Water View: Back of PropertyActivation Date: Sun Sep 21 2025 |
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CurbsStreet LightsMRD SHARE WITH CLIENTS: No |
Last check for updates: about 23 hours ago
Listed by Tammy Barry, (815) 252-3113
Homesmart Realty Group IL
Bridget McGettigan, (815) 252-8318
Homesmart Realty Group IL
Bought with: Debbie Burns, (815) 228-1034, Heritage Select Realty
Source: MRED as distributed by MLS GRID, MLS#12449452

Price History for 318 E Prospect Ave
| Date | Price | Event | Source |
|---|---|---|---|
| 01/12/2026 | $407,000 | Sold | MRED as distributed by MLS GRID #12449452 |
| 12/12/2025 | $499,000 | Contingent | MRED as distributed by MLS GRID #12449452 |
| 11/11/2025 | $499,000 | PriceChange | MRED as distributed by MLS GRID #12449452 |
| 10/28/2025 | $550,000 | PriceChange | MRED as distributed by MLS GRID #12449452 |
| 10/11/2025 | $605,000 | PriceChange | MRED as distributed by MLS GRID #12449452 |
| 09/21/2025 | $625,000 | Listed For Sale | MRED as distributed by MLS GRID #12449452 |
Property Tax and Assessment
| Year | 2024 |
|---|---|
| Tax | $15,154 |
| Assessment | $457,794 |
Home facts updated by county records
Comparable Sales for 318 E Prospect Ave
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.35 | Single-Family Home | $410,000 | 12/03/25 | 3 | 2.5 | 2,674 | |
0.41 | Single-Family Home | $475,000 | 06/10/25 | 5 | 4.5 | 5,060 | |
0.17 | Single-Family Home | $229,000 | 12/19/25 | 4 | 2.5 | 2,062 | |
0.47 | Single-Family Home | $370,000 | 04/17/26 | 4 | 2 | 2,653 | |
0.29 | Single-Family Home | $240,000 | 09/12/25 | 4 | 2.5 | 2,100 | |
0.09 | Single-Family Home | $215,000 | 10/10/25 | 2 | 2 | 1,550 | |
0.53 | Single-Family Home | $282,000 | 12/03/25 | 3 | 2.5 | 2,169 | |
0.23 | Single-Family Home | $255,000 | 05/28/25 | 3 | 2 | 1,400 |
Assigned Schools
These are the assigned schools for 318 E Prospect Ave.
What Locals Say about Ottawa
At least 135 Trulia users voted on each feature.
87 % Say it's dog friendly
87 % Say car is needed
82 % Say yards are well-kept
81 % Say parking is easy
78 % Say people would walk alone at night
77 % Say there's holiday spirit
71 % Say it's quiet
70 % Say there are sidewalks
68 % Say kids play outside
59 % Say streets are well-lit
56 % Say it's walkable to grocery stores
55 % Say neighbors are friendly
52 % Say there's wildlife
48 % Say it's walkable to restaurants
45 % Say they plan to stay for at least 5 years
36 % Say there are community events
Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Homes for rent near 318 E Prospect Ave
Off Market Homes Near 318 E Prospect Ave
Explore by feature
318 E Prospect Ave, Ottawa, IL 61350 is a 4 bedroom, 3 bathroom, 3,376 sqft single-family home built in 1929. This property is not currently available for sale. 318 E Prospect Ave was last sold on Jan 12, 2026 for $407,000 (18% lower than the asking price of $499,000). The current Trulia Estimate for 318 E Prospect Ave is $478,100.

