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406 Heritage Ln

Ottawa, IL 61350

3 bd 3 ba 1,824 sqft Built 1978 Lot 11,326 sqft single_family
Most recent sale
$243,000
Jan 4, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 11, 2025 Sold $280,000 MRED
Mar 13, 2025 Price changed $279,000 MRED
Feb 12, 2025 Price changed $285,000 MRED
Dec 18, 2024 Listed $295,000 MRED
Nov 24, 2022 Listing removed TenantTurner
Nov 15, 2022 Listing removed Zumper
Nov 9, 2022 Listed for rent $2,000 Zumper
Oct 25, 2022 Listing removed $255,000 MRED
Oct 12, 2022 Listed $255,000 MLS #11651095
Jan 4, 2022 Sold $243,000 MLS #11272537
Aug 10, 2018 Sold $184,000 MLS #09947158
May 11, 2018 Listed $184,500 MLS #09947158

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $65,563 $12,389 $77,952 $6,806
2023 $60,427 $11,418 $71,845 $6,344
2022 $48,561 $11,760 $60,321 $5,809
2021 $45,529 $11,026 $56,555 $5,440
2020 $43,411 $10,513 $53,924 $5,130
2019 $42,106 $10,197 $52,303 $5,124
2018 $41,031 $9,937 $50,968 $4,972
2017 $40,140 $9,721 $49,861 $4,830
2016 $38,708 $9,374 $48,082 $4,651
2015 $37,045 $8,971 $46,016 $4,410
2014 $35,782 $8,665 $44,447 $3,995
2013 $36,275 $8,784 $45,059 $3,996
2012 $37,767 $9,145 $46,912 $4,145
2011 $39,931 $9,669 $49,600 $4,366
2010 $42,152 $10,207 $52,359 $4,527
2009 $42,920 $10,393 $53,313 $4,464
2008 $42,516 $10,295 $52,811 $4,445
2006 $39,389 $9,538 $48,927 $3,849
2005 $42,532 $3,598

Property facts

Year built
1978
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,824 sqft
Lot size
11,326 sqft
ZIP code
61350
City
Ottawa
Street
Heritage Ln
Coordinates
41.32244, -88.84473

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,458
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 406 Heritage Ln last sell?
406 Heritage Ln most recently sold on Jan 4, 2022 for $243,000.
What is the current tax assessment for 406 Heritage Ln?
The most recent total assessment for 406 Heritage Ln (year 2024) is $77,952 with $6,806 in property tax.
How does 406 Heritage Ln's assessment compare to its last sale price?
The current assessment is 67.9% below the last sale price of $243,000.
When was 406 Heritage Ln built?
406 Heritage Ln was built in 1978.
How does 406 Heritage Ln compare to others on Heritage Ln?
We track 8 other properties on Heritage Ln. Browse the list under "Other properties on Heritage Ln" to compare beds, baths, and sale history.
What are the property facts for 406 Heritage Ln?
406 Heritage Ln is a 3 bed, 3 bath, 1,824 sqft, 11,326 sqft lot single_family.
Is 406 Heritage Ln a flip candidate?
No — 406 Heritage Ln does not appear in our flips dataset.
Is 406 Heritage Ln a tax-appeal candidate?
No — 406 Heritage Ln 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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