639 W Madison Street

Ottawa, IL 61350

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 MRED as distributed by MLS Grid of Home First Realty Inc



Based on information submitted to the MLS GRID as of 2026-04-29 09:24 AM UTC. 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.
Last checked: 2026-04-29 09:24 AM UTC
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