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1501 State Route 71 Hwy

Ottawa, IL 61350

3 bd 2 ba 1,525 sqft Built 1991 Lot 44,431 sqft single_family
Most recent sale
$275,000
Dec 29, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Mar 29, 2022 Listing removed $355,000 MRED
Dec 29, 2021 Sold $275,000 MLS #11194438

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $25,863 $3,720 $29,583 $2,181
2023 $23,837 $3,429 $27,266 $2,050
2022 $20,014 $2,879 $22,893 $1,896
2021 $18,764 $2,699 $21,463 $1,796
2020 $61,204 $1,011 $62,215 $4,290
2019 $57,849 $2,496 $60,345 $4,319
2018 $56,372 $2,432 $58,804 $4,229
2017 $55,148 $2,379 $57,527 $4,125
2016 $53,180 $2,294 $55,474 $3,984
2015 $50,895 $2,195 $53,090 $3,810
2014 $49,160 $2,120 $51,280 $3,420
2013 $49,838 $2,149 $51,987 $3,434
2012 $51,888 $2,237 $54,125 $3,684
2011 $54,861 $2,365 $57,226 $3,900
2010 $57,913 $2,497 $60,410 $4,087
2009 $58,969 $2,543 $61,512 $4,032
2008 $58,414 $2,519 $60,933 $4,016
2006 $54,117 $2,334 $56,451 $3,454

Property facts

Year built
1991
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,525 sqft
Lot size
44,431 sqft
ZIP code
61350
City
Ottawa
Street
State Route 71 Hwy
Coordinates
41.32510, -88.86951

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,745
Gross rental yield
11.98%
Implied cap rate
7.79%
Trend-extrapolated value

Frequently asked questions

When did 1501 State Route 71 Hwy last sell?
1501 State Route 71 Hwy most recently sold on Dec 29, 2021 for $275,000.
What is the current tax assessment for 1501 State Route 71 Hwy?
The most recent total assessment for 1501 State Route 71 Hwy (year 2024) is $29,583 with $2,181 in property tax.
How does 1501 State Route 71 Hwy's assessment compare to its last sale price?
The current assessment is 89.2% below the last sale price of $275,000.
When was 1501 State Route 71 Hwy built?
1501 State Route 71 Hwy was built in 1991.
How does 1501 State Route 71 Hwy compare to others on State Route 71 Hwy?
We track 2 other properties on State Route 71 Hwy. Browse the list under "Other properties on State Route 71 Hwy" to compare beds, baths, and sale history.
What are the property facts for 1501 State Route 71 Hwy?
1501 State Route 71 Hwy is a 3 bed, 2 bath, 1,525 sqft, 44,431 sqft lot single_family.
Is 1501 State Route 71 Hwy a flip candidate?
No — 1501 State Route 71 Hwy does not appear in our flips dataset.
Is 1501 State Route 71 Hwy a tax-appeal candidate?
No — 1501 State Route 71 Hwy 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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