# 1404 WALTER Way, Ottawa, IL 61350

> **TL;DR:** land, $40,900. Est. $219/mo. Listed 318 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $40,900 |
| Lot Size | 17,424 sqft (0.40 acres) |
| Property Type | Land (Other) |
| Status | Active |
| Days on Market | 318 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $207 |
| Estimated Insurance | $12 |
| **Total** | **$219** |

## Nearby Schools

- **Elementary:** Mckinley Elementary: K-4th Grade

## Property Highlights

- 0.40 acre lot

## Description

### AI Summary
This 0.40-acre corner lot offers a residential land opportunity in Ottawa’s Pembrook subdivision. The property is listed at $40,900 and has no bedrooms or bathrooms, allowing future improvements to be planned according to applicable requirements. The lot dimensions are noted as 174 x 40 x 28 x 170 x 149. City water and sewer are available. The Pembrook subdivision includes an approximately 4-acre recreational park reserved for homeowners, with basketball and tennis courts, a baseball area, shelters, and a playground. Existing subdivision requirements include planting two trees and pouring a sidewalk in the front yard. Located on WALTER Way in Ottawa, Illinois, the property provides a defined lot within an established subdivision setting. This listing is for land only; no residence or other improvements are identified in the provided property facts.

### Agent Description
DESIRABLE LOT IN POPULAR PEMBROOK SUBD FEATURING 4 ACRE RECREATIONAL PARK INCLUDING BASKETBALL & TENNIS COURTS, BASE BALL AREA, SHELTERS & PLAYGROUND. EXCLUSIVE TO HOMEOWNERS. CITY WATER/SEWER. NEED TO PLANT 2 TREES & POUR SIDEWALK IN FRONT YARD. CORNER LOT. 174X40X28X170X149

## Location

- **Address:** 1404 WALTER Way, Ottawa, IL 61350
- **County:** LaSalle
- **Neighborhood:** Pembrook
- **Coordinates:** 41.322507, -88.860111
- **Google Maps:** https://www.google.com/maps?q=41.322507,-88.860111

## Listing Agent

- **Name:** Theresa Poundstone
- **Brokerage:** Honig Realty, Inc. (dba. Coldwell Banker Honig-Bell)
- **Phone:** (815) 553-2411
- **Broker Phone:** (815) 553-2411
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1404-Walter-Way_Ottawa_IL_61350_M70715-80238?f=listhub&s=MREDIL&m=12509248&c=propsimple)

## Photos

![1404 WALTER Way - Photo 1](http://lh.rdcpix.com/08e8d80323a85a4ecdf8abde2798b2b8l-f224438829r.jpg)

---

**MLS#:** 12509248 | **Updated:** 2026-05-31
**Source:** listhub

*Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1404-walter-way-ottawa-il-61350-12509248)

---

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