2480 Otter Creek Ln
Elgin, IL 60124
5 bd 3 ba 2,600 sqft Built 1992 Lot 10,049 sqft single_family
Most recent sale
$380,000
Jun 28, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jun 28, 2022 | Sold | $380,000 | MLS #11397767 |
| May 16, 2022 | Price changed | $374,900 | MLS #11397767 |
| May 9, 2022 | Listed | $385,000 | MLS #11397767 |
| Mar 13, 2018 | Sold | $267,250 | MLS #09834577 |
| Jan 16, 2018 | Listed | $274,900 | MLS #09834577 |
| May 14, 2004 | Sold | $275,500 | Public Record |
| Nov 1, 1991 | Sold | $194,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $116,277 | $30,744 | $147,021 | $11,188 |
| 2023 | $107,099 | $28,317 | $135,416 | $10,724 |
| 2022 | $88,225 | $23,326 | $111,551 | $10,112 |
| 2021 | $82,484 | $21,808 | $104,292 | $9,776 |
| 2020 | $78,744 | $20,819 | $99,563 | $9,492 |
| 2019 | $75,009 | $19,831 | $94,840 | $9,203 |
| 2018 | $70,663 | $18,682 | $89,345 | $8,730 |
| 2017 | $66,802 | $17,661 | $84,463 | $8,400 |
| 2016 | $61,974 | $16,385 | $78,359 | $8,365 |
| 2015 | $56,805 | $15,018 | $71,823 | $7,988 |
| 2014 | $54,258 | $14,833 | $69,091 | $7,835 |
| 2013 | $55,689 | $15,224 | $70,913 | $7,813 |
| 2012 | $60,152 | $16,444 | $76,596 | $7,689 |
| 2011 | $67,337 | $18,408 | $85,745 | $7,867 |
| 2009 | $79,898 | $21,842 | $101,740 | $8,017 |
| 2008 | $83,608 | $21,842 | $105,450 | $8,196 |
| 2007 | $80,921 | $21,140 | $102,061 | $7,839 |
| 2006 | $81,167 | $20,290 | $101,457 | $7,915 |
Property facts
Year built
1992
Property type
single_family
Stories
2
Beds
5
Baths
3
Living area
2,600 sqft
Lot size
10,049 sqft
ZIP code
60124
City
Elgin
Street
Otter Creek Ln
Coordinates
42.02040, -88.33992
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$2,280
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 2480 Otter Creek Ln last sell?
2480 Otter Creek Ln most recently sold on Jun 28, 2022 for $380,000.
What is the current tax assessment for 2480 Otter Creek Ln?
The most recent total assessment for 2480 Otter Creek Ln (year 2024) is $147,021 with $11,188 in property tax.
How does 2480 Otter Creek Ln's assessment compare to its last sale price?
The current assessment is 61.3% below the last sale price of $380,000.
When was 2480 Otter Creek Ln built?
2480 Otter Creek Ln was built in 1992.
How does 2480 Otter Creek Ln compare to others on Otter Creek Ln?
We track 1 other property on Otter Creek Ln. Browse the list under "Other properties on Otter Creek Ln" to compare beds, baths, and sale history.
What are the property facts for 2480 Otter Creek Ln?
2480 Otter Creek Ln is a 5 bed, 3 bath, 2,600 sqft, 10,049 sqft lot single_family.
Is 2480 Otter Creek Ln a flip candidate?
No — 2480 Otter Creek Ln does not appear in our flips dataset.
Is 2480 Otter Creek Ln a tax-appeal candidate?
No — 2480 Otter Creek Ln is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-7.3%
Implied 1-yr
-29.3%
2026 Q3
$340.2K
2026 Q4
$340.2K
ZIP 60124 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Otter Creek Ln