639 W Madison St., Ottawa, IL 61350

639 W Madison St., Ottawa, IL 61350
Photo 1 of 27
$79,000
Beds Baths Sq. Ft. Taxes Built
2 1.00 1,315 $3,062 1911
On the market: 12 days

Est. Monthly Payment:

$728($473 + $255 taxes*)

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APPROVED
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Great Opportunity in a Convenient Ottawa Location. Don't miss this opportunity to own a property in a well-located area of Ottawa, just minutes from local shops, dining, parks, and easy access to major routes. Whether you're a homeowner looking to build equity or an investor seeking your next project, this property offers incredible upside. This home is in need of a full renovation and is being sold as-is, but presents a blank canvas to bring your vision to life. With the right updates, this property can be transformed into a beautiful, modern home "tailored to your style." Financing Opportunity: This property may qualify for a FHA 203(k) Loan, allowing buyers to finance both the purchase and renovation costs into one loan - making it possible to turn this home into essentially a brand-new space without needing large upfront cash. Bring your ideas and unlock the full potential of this property! This is a strong value-add opportunity that's ideal for owner-occupants or investors looking to customize finishes and layout to your preference. Located near amenities, schools, major roads, and great potential for long-term appreciation. "assignment of equitable interest"
Listing courtesy of Francisco Martinez, Home First Realty Inc