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116 W Prospect Ave , Ottawa, IL 61350
$595,000
Est. Payment: $3,247.16/mo
10 Bed
9 Bath
5638 Sqft
0.72 Acres
Status: pending | Days on site: 280
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House Description

Welcome to the Cora J. Pope Home, one of Ottawa's most recognizable historic landmarks and a rare opportunity for anyone seeking a luxury Airbnb, boutique inn, or bed-and-breakfast property. Built in 1902 by Milton and Cora Pickens Pope, this Victorian masterpiece has been lovingly restored to its original grandeur while thoughtfully updated for modern comfort. Perched on a scenic bluff overlooking downtown Ottawa and the Illinois River, the home immediately impresses with its stately exterior, welcoming porch, decks and balconies, and intricate architectural details that have welcomed guests for more than a century. Inside, the grand foyer sets the tone with elegant woodwork and a hearth room featuring a fireplace, a stunning staircase, and warm gathering space. The adjacent full bathroom with a garden tub sits conveniently beneath the stairs. Off the hearth room you'll find a large formal parlor with space to relax, entertain, or simply enjoy the ambiance of a home with deep local roots; an elevator provides additional convenience. The family room offers another cozy retreat with a second fireplace, built-ins, and a turret-style sitting nook perfectly positioned for river views. The formal dining room is a showstopper with beamed ceilings, wainscoting, built-in china cabinet, and a fireplace, creating a timeless atmosphere for gatherings of any size. A kitchenette or butler's pantry with original cabinetry and leathered granite connects to the main kitchen, which blends modern stainless steel appliances with custom cabinetry designed to match the home's historic character. The main level also includes a bedroom currently used as an office, a full bathroom, and three additional flex rooms currently used as a gathering room, family room, and gift shop, offering excellent layout options for guest suites or business use. Upstairs, the expansive landing showcases leaded glass windows with sweeping river views and leads to four bedrooms, each full of character. Cora's room features birds-eye maple woodwork, a fireplace, and an en-suite bathroom with a stunning soaking tub and separate water closet. Milton's room also includes an en-suite bathroom and connects to an adjoining bedroom that can remain private or linked as a suite. The Starved Rock room sits next to a historic full bathroom with original "wet-set" subway tile and soaking tub. An additional full bathroom with tub/shower rounds out the second level. The third floor continues the home's rich character with the Riverview Suite, named for its stunning views, complete with French doors opening to a private balcony and an en-suite full bathroom. The Bishop's Suite features beautiful exposed brick, a walk-in closet, an impressive bath with curved walls showcasing a soaking tub, and an attached secondary bedroom and kitchenette, making it ideal for extended-stay guests. The basement houses exceptionally well-maintained mechanical systems, including a fire-suppression system with three 100-gallon tanks, dual boilers, anti-freeze protection, two sump pumps with French drains, 400-amp electrical service with a 220 plug, laundry area with egress window, and a convenient half bathroom. The elevator has been fully updated to current standards with new mechanical lines. Also on the property, sits a separate ranch home, currently rented. This property is a striking blend of history, luxury, and opportunity, offering an unmatched layout for short-term rental hosting, multi-suite accommodations, events, or a dream owner-occupied business. With its rich history, breathtaking views, restored architectural integrity, and modern updates, the Cora J. Pope Home stands ready for its next chapter. Don't miss the chance to own and operate a truly remarkable piece of Ottawa's heritage.

Highlights

Listed by George Shanley , 815-228-1859 Coldwell Banker Real Estate Group , 815-433-5501. Midwest Real Estate Data mls logo

Property Type

Residential

Lot/Acreage
0.72

Year Built

1902

County

LaSalle

Area

Danway / Dayton / Naplate / Ottawa / Prairie Center

School District

141

Listing ID

12528964

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:10
  • ▪ Bathrooms:9
  • ▪ Full Bathrooms:8
  • ▪ 1/2 Bathrooms:1
Air Cond:Central Air,Zoned
Fireplaces:
Floor:Hardwood
Basement:Unfinished,Partial
Other:
  • ▪ Additional:Elevator, 1st Floor Bedroom, 1st Floor Full Bath, Built-in Features, Walk-In Closet(s), Historic/Period Mlwk, Beamed Ceilings, Special Millwork, Granite Counters, Separate Dining Room
Water:Public

Exterior Features

Lot:Corner Lot,Views,River Front,Waterfront
Lot Dimensions:242x153x205x95
Garage Capacity:10
Roof:Asphalt
Others:
  • ▪ Additional:Balcony
Sewer:Public Sewer
Parking Features:Concrete,Off Street,Driveway,Additional Parking,Yes,Owned
Principal Interest
$3,247
Taxes
$1,434

Home Price

$595,000

Loan Details

30 yrs
7.25%

Down Payment

20%
$119,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,247.16

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,247.16 $1,433.89 $0.00 $4,681.05
Yearly $38,965.91 $17,206.66 $0.00 $56,172.57
Total $1,168,977.27 $516,199.80 $0.00 $1,685,177.07
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Market insight data is pulled from the same city as the listing being viewed (Ottawa, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. 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. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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