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1114 Madison St

Ottawa, IL 61350

2 bd 1 ba 840 sqft Lot 8,289 sqft single_family
Most recent sale
$125,000
Aug 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 11, 2022 Sold $125,000 MLS #11465874
Jul 15, 2022 Listed $117,000 MLS #11465874
Mar 20, 2018 Sold $75,000 MLS #09843009
Jan 28, 2018 Listed $75,650 MLS #09843009
Jul 29, 2016 Listing removed $82,500 MRED
Jan 22, 2016 Listed $82,500 MLS #09122329
Oct 7, 2013 Sold $72,000 Public Record
Jun 30, 2005 Sold $100,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $38,619 $8,445 $47,064 $3,774
2023 $34,994 $7,652 $42,646 $3,388
2022 $27,762 $6,880 $34,642 $3,058
2021 $26,021 $6,449 $32,470 $2,846
2020 $24,718 $6,126 $30,844 $2,657
2019 $24,466 $6,064 $30,530 $2,714
2018 $23,879 $5,918 $29,797 $3,293
2017 $23,148 $5,737 $28,885 $3,180
2016 $22,155 $5,491 $27,646 $3,055
2015 $21,134 $5,238 $26,372 $2,904
2014 $21,330 $5,287 $26,617 $2,763
2013 $21,808 $5,405 $27,213 $2,165
2012 $23,104 $5,726 $28,830 $2,304
2011 $24,650 $6,109 $30,759 $2,463
2010 $26,606 $6,594 $33,200 $2,632
2009 $27,930 $6,922 $34,852 $2,705
2008 $27,401 $6,791 $34,192 $2,678
2006 $25,492 $6,318 $31,810 $2,250

Property facts

Year built
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
840 sqft
Lot size
8,289 sqft
ZIP code
61350
City
Ottawa
Street
Madison St
Coordinates
41.34697, -88.85606

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1114 Madison St last sell?
1114 Madison St most recently sold on Aug 11, 2022 for $125,000.
What is the current tax assessment for 1114 Madison St?
The most recent total assessment for 1114 Madison St (year 2024) is $47,064 with $3,774 in property tax.
How does 1114 Madison St's assessment compare to its last sale price?
The current assessment is 62.3% below the last sale price of $125,000.
When was 1114 Madison St built?
The year built for 1114 Madison St is not in our records.
How does 1114 Madison St compare to others on Madison St?
We track 8 other properties on Madison St. Browse the list under "Other properties on Madison St" to compare beds, baths, and sale history.
What are the property facts for 1114 Madison St?
1114 Madison St is a 2 bed, 1 bath, 840 sqft, 8,289 sqft lot single_family.
Is 1114 Madison St a flip candidate?
No — 1114 Madison St does not appear in our flips dataset.
Is 1114 Madison St a tax-appeal candidate?
No — 1114 Madison St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+4.5%
Implied 1-yr
+18.2%
2026 Q3
$286.3K
2026 Q4
$296.3K
ZIP 61350 — Median Price History + Forecast

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