1508 Madison St
Ottawa, IL 61350
7 bd 4 ba Built 1940 Lot 11,326 sqft multi_family
Most recent sale
$215,000
Jul 7, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 7, 2022 | Sold | $215,000 | MLS #11080711 |
| May 7, 2021 | Listed | $229,000 | MLS #11080711 |
| Dec 9, 2010 | Listing removed | $275,000 | MRED |
| Jun 8, 2010 | Listed | $275,000 | MLS #07551824 |
| Feb 25, 2008 | Sold | $267,000 | Public Record |
| Mar 15, 2007 | Sold | $106,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $53,396 | $8,724 | $62,120 | $6,397 |
| 2023 | $53,396 | $8,724 | $62,120 | $6,542 |
| 2022 | $50,374 | $8,230 | $58,604 | $6,256 |
| 2021 | $50,374 | $8,230 | $58,604 | $6,301 |
| 2020 | $50,374 | $8,230 | $58,604 | $6,268 |
| 2019 | $50,374 | $8,230 | $58,604 | $6,483 |
| 2018 | $50,374 | $8,230 | $58,604 | $6,525 |
| 2017 | $50,374 | $8,230 | $58,604 | $6,452 |
| 2016 | $50,374 | $8,230 | $58,604 | $6,476 |
| 2015 | $50,374 | $8,230 | $58,604 | $6,453 |
| 2014 | $50,842 | $8,306 | $59,148 | $6,185 |
| 2013 | $51,980 | $8,492 | $60,472 | $6,170 |
| 2012 | $55,069 | $8,997 | $64,066 | $6,464 |
| 2011 | $58,753 | $9,599 | $68,352 | $6,799 |
| 2010 | $63,414 | $10,361 | $73,775 | $7,138 |
| 2009 | $66,569 | $10,877 | $77,446 | $7,262 |
| 2008 | $48,691 | $10,671 | $59,362 | $5,539 |
| 2006 | $27,069 | $9,927 | $36,996 | $3,170 |
| 2005 | — | — | $30,508 | $2,922 |
Property facts
Year built
1940
Property type
multi_family
Stories
—
Beds
7
Baths
4
Living area
—
Lot size
11,326 sqft
ZIP code
61350
City
Ottawa
Street
Madison St
Coordinates
41.34696, -88.86189
Frequently asked questions
When did 1508 Madison St last sell?
1508 Madison St most recently sold on Jul 7, 2022 for $215,000.
What is the current tax assessment for 1508 Madison St?
The most recent total assessment for 1508 Madison St (year 2024) is $62,120 with $6,397 in property tax.
How does 1508 Madison St's assessment compare to its last sale price?
The current assessment is 71.1% below the last sale price of $215,000.
When was 1508 Madison St built?
1508 Madison St was built in 1940.
How does 1508 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 1508 Madison St?
1508 Madison St is a 7 bed, 4 bath, 11,326 sqft lot multi_family.
Is 1508 Madison St a flip candidate?
No — 1508 Madison St does not appear in our flips dataset.
Is 1508 Madison St a tax-appeal candidate?
No — 1508 Madison St is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+18.2%
2026 Q3
$286.3K
2026 Q4
$296.3K
ZIP 61350 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Madison St