542 3rd Ave, Ottawa, IL 61350
OFF MARKET

$197,100

Trulia Estimate
  • Studio
  • 1,550 sqft

542 3rd Ave, Ottawa, IL 61350

Est. Refi. Payment $1,463/mo*
Refinance Your Home
Currently Off Market - Sold Oct 28, 2022 for $130,000

Home Value

Trulia Estimate
$197K
Since last month
Increased$4K (+2.3%)
Since last year
Increased$6K (+3.1%)
Since last sale
Increased$67K (+51.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +84% in the last 10 years
MonthEstimated value
2026
August 2026$197K
August 2026$196K
July 2026$192K
June 2026$196K
May 2026$194K
April 2026$189K
March 2026$190K
February 2026$191K
January 2026$188K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
501 2nd Ave, Ottawa, IL
0.12
Single-Family Home
$125,000
10/27/25
3
1
1,256
431 3rd Ave, Ottawa, IL
0.12
Single-Family Home
$125,000
08/03/26
-
1,128
606 2nd Ave, Ottawa, IL
0.07
Single-Family Home
$129,000
05/29/26
3
1.5
1,344
530 4th Ave, Ottawa, IL
0.06
Single-Family Home
$159,900
06/05/26
3
1
888
401 Sunnyside Ave, Ottawa, IL
0.23
Single-Family Home
$122,000
11/06/25
-
1,496
520 Grover Ave, Ottawa, IL
0.15
Single-Family Home
$199,320
09/17/25
3
3
1,616
614 2nd Ave, Ottawa, IL
0.08
Single-Family Home
$141,500
12/08/25
2
1
1,024
613 2nd Ave, Ottawa, IL
0.12
Single-Family Home
$239,900
08/26/26
4
1
1,560
705 2nd Ave, Ottawa, IL
0.13
Single-Family Home
$140,500
09/23/25
2
2
888
517 5th Ave, Ottawa, IL
0.09
Single-Family Home
$190,000
06/23/26
2
1
971

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
626 3rd Ave, Ottawa, IL 61350
0.02
-
-
-
-
Off Market
504 3rd Ave, Ottawa, IL 61350
0.08
$200,400
3
1.5
1,096
Off Market
537 2nd Ave, Ottawa, IL 61350
0.09
$142,900
3
1.5
1,471
Recently Sold
628 3rd Ave, Ottawa, IL 61350
0.05
$160,000
4
2
-
Recently Sold
614 2nd Ave, Ottawa, IL 61350
0.08
$141,500
2
1
1,024
Recently Sold
522 4th Ave, Ottawa, IL 61350
0.08
$193,600
2
1
950
Off Market
530 4th Ave, Ottawa, IL 61350
0.06
$159,900
3
1
888
Recently Sold
629 3rd Ave, Ottawa, IL 61350
0.07
$176,600
3
2
1,152
Off Market
506 4th Ave, Ottawa, IL 61350
0.09
$162,700
2
1
936
Off Market
429 3rd Ave, Ottawa, IL 61350
0.13
$206,600
3
1
1,200
Off Market
517 5th Ave, Ottawa, IL 61350
0.09
$190,000
2
1
971
Recently Sold
424 3rd Ave, Ottawa, IL 61350
0.14
$143,300
2
1
1,032
Off Market

Local Information

  • Map ViewExplore the area around 542 3rd Ave.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1950
Living Area
1,550 sqft
Price/Sqft
$127

About this House

Well Maintained & Updated 2unit On Ottawa’s Southside. Perfect For Owner Occupied Or Related Living. Open Layout, 1 Bedroom Units. Newer Appliances & Washer Dryer/Workshop Area Inbsmt. Garage Is Ready For Possible 3 Unit/Office Or Entertainment Cottage! Ext. Features Carport, Concrete Patio Area, &beautiful Landscaping. Price Includes 60x120 Lot Across The (Internet 5852806-10/2/2011)
542 3rd Ave, Ottawa, IL 61350 is a studio, 1,550 sqft single-family home built in 1950. It last sold for $130,000 on Oct 28, 2022. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $197,100, with a rent estimate of $1,996/month.

Home Details for 542 3rd Ave

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 7405 sqft

Price and Tax history

DateEventPrice
Oct 28, 2022
Source: N/A
Sold
$130,000
Sep 30, 2011
Source: MRED as distributed by MLS GRID #07865487
Sold
$75,000

Market trends in Ottawa

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$192K
$4.67KMoM
Sale-to-List Price
98.6%
Price per sq ft
$157
$11MoM
Available listings
101
10MoM

Around this home

View nearby schools on GreatSchools
The GreatSchools Rating compares schools on a variety of school quality indicators including test scores, college readiness, equity and more. Learn more.

What Locals Say about Ottawa

At least 136 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 87 % Say it's dog friendly

  • 82 % Say yards are well-kept

  • 81 % Say parking is easy

  • 78 % Say there's holiday spirit

  • 78 % Say people would walk alone at night

  • 71 % Say it's quiet

  • 70 % Say there are sidewalks

  • 68 % Say kids play outside

  • 58 % Say streets are well-lit

  • 55 % Say neighbors are friendly

  • 55 % Say it's walkable to grocery stores

  • 52 % Say there's wildlife

  • 49 % Say it's walkable to restaurants

  • 46 % Say they plan to stay for at least 5 years

  • 35 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Megan Tamblyn
    "One of us is 5 minutes away, the other works from home. Our home is 5-10 minutes from many restaurants and stores. "
    0
    Flag
  • Dread27
    "Need a vehicle to access most areas of Ottawa. Walking is an option, due to many sidewalks. Ottawa is limited because of only one bridge crossing the Illinois River. The Northeast side of town (where the High School located) is also limited because of only 2 ways in and out. Currently it has only 1 way due to construction. "
    0
    Flag
  • Meredith Martin Olsen
    "Small local business and lots of churches to pick from based on your religious beliefs. Neighborhood is quite "
    0
    Flag
  • Jessica W.
    "Every Christmas Eve the neighborhood lights luminaries. We are a close knit community. Neighbors are very gracious to one another."
    6
    Flag
  • Tenaisha K.
    "It’s Quiet peaceful and relaxing with vibrant ad outgoing people whom relax and never causes Trouble "
    0
    Flag
  • Lisa C.
    "we have neighborhood bbqs, the town has family friendly events most weekends, lots of parks, family restaurants"
    1
    Flag
  • Jess M.
    "Sometimes there’s a festival or an event that blocks off roads and sometimes you don’t know when they’re happening so it’s a major inconvenience when you try to get to work and there’s a lot of traffic and no one moving. "
    5
    Flag
  • Kendra S. M.
    "Close knit community. Lots of festivals throughout the year. Wonderful local restaurants. Friendly city! "
    2
    Flag
  • Jess M.
    "There’s a lot of other dogs so if your dog doesn’t like other dogs just be careful. Everyone picks up after there animals pretty well and most of the dogs are nice. A lot of them end up being aggressive with your dog but other than that it’s a lovely place for your dog. "
    5
    Flag
  • Charity P.
    "Fireworks show is the best in state of Illinois for the Fourth of July everyone pitches in for the show to be better each year "
    2
    Flag
  • Crashdummy
    "nice and quiet great place to start a family. close to schools and pharmacy friendly people in the neighbor hood"
    4
    Flag
  • Mrsjackson09
    "South bluff neighborhood. Close to river, river views & assorted wildlife that passes through the bluff. "
    1
    Flag
  • Brandi M. B.
    "i live here and everyone is nice and knows eachother and works together if needed so ive never had a problem with the current neiborhood im living in at this moment."
    1
    Flag
  • Kristine M.
    "I have been living here for the past 14 years. It is the closest thing to country living. Anything you want is nearby. Raised the kids and grandchildren out here and feel like we made the best decision by moving to this area."
    0
    Flag
  • Felix A. L. O.
    "Location cannot be beat. Lovely area filled with unique styles of homes. Not a cookie-cutter development. Quiet, peaceful and friendly. Great mix of people of all ages. Well maintained homes make the North side a sought after location. Believe it or not, there are people who actually did not know this area of Ottawa exists. Close enough to the downtown area if you choose to take a nice walk to the riverfront. Good caring neighbors. Cannot emphasize enough how nice and tranquil it is in this area. Great School District, close to all churches and Ottawa Regional Hospital and Medical Center. Definately a lovely place to live. "
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 542 3rd Ave

  • What is 542 3rd Ave estimated to be worth?
    Trulia's estimated value for 542 3rd Ave in Ottawa, IL is $197,100.
  • What is the price history for 542 3rd Ave?
    542 3rd Ave in Ottawa, IL last sold for $130,000 in October 2022.
  • Is Ottawa a buyer's or seller's market?
    Ottawa is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Ottawa?
    The median sale price in Ottawa is $192K. That is up $4.67K from the prior month.
  • How big is the lot at 542 3rd Ave?
    The lot at 542 3rd Ave in Ottawa, IL is about 0.17 acres (7,405 sq ft).

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