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1405 Lancaster Dr

Rock Falls, IL 61071

4 bd 3 ba 1,532 sqft Built 2003 Lot 18,731 sqft single_family
Most recent sale
$246,500
Jun 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 14, 2025 Sold $295,000 MRED
Jun 2, 2025 Price changed $310,000 MRED
May 16, 2025 Listed $325,000 MRED
Jun 30, 2022 Sold $246,500 MLS #11409328
May 19, 2022 Listed $246,500 MLS #11409328

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $81,694 $8,772 $90,466 $9,264
2023 $75,343 $8,090 $83,433 $8,685
2022 $51,038 $7,628 $58,666 $5,511
2021 $48,286 $7,217 $55,503 $5,230
2020 $47,460 $7,094 $54,554 $5,215
2019 $45,762 $6,840 $52,602 $4,892
2018 $44,742 $6,688 $51,430 $4,548
2017 $43,903 $6,563 $50,466 $4,522
2016 $43,165 $6,453 $49,618 $4,417
2015 $43,513 $6,505 $50,018 $4,379
2014 $44,131 $6,597 $50,728 $4,369
2013 $45,342 $6,778 $52,120 $4,419
2012 $46,624 $6,970 $53,594 $4,629
2011 $47,913 $7,163 $55,076 $5,125
2010 $48,226 $7,210 $55,436 $5,152
2009 $48,207 $7,207 $55,414 $4,976
2008 $51,249 $7,057 $58,306 $3,369
2006 $41,853 $6,916 $48,769 $3,278

Property facts

Year built
2003
Property type
single_family
Stories
Beds
4
Baths
3
Living area
1,532 sqft
Lot size
18,731 sqft
ZIP code
61071
City
Rock Falls
Street
Lancaster Dr
Coordinates
41.76851, -89.70995

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,758
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value

Frequently asked questions

When did 1405 Lancaster Dr last sell?
1405 Lancaster Dr most recently sold on Jun 30, 2022 for $246,500.
What is the current tax assessment for 1405 Lancaster Dr?
The most recent total assessment for 1405 Lancaster Dr (year 2024) is $90,466 with $9,264 in property tax.
How does 1405 Lancaster Dr's assessment compare to its last sale price?
The current assessment is 63.3% below the last sale price of $246,500.
When was 1405 Lancaster Dr built?
1405 Lancaster Dr was built in 2003.
How does 1405 Lancaster Dr compare to others on Lancaster Dr?
We track 4 other properties on Lancaster Dr. Browse the list under "Other properties on Lancaster Dr" to compare beds, baths, and sale history.
What are the property facts for 1405 Lancaster Dr?
1405 Lancaster Dr is a 4 bed, 3 bath, 1,532 sqft, 18,731 sqft lot single_family.
Is 1405 Lancaster Dr a flip candidate?
No — 1405 Lancaster Dr does not appear in our flips dataset.
Is 1405 Lancaster Dr a tax-appeal candidate?
No — 1405 Lancaster Dr 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
+2.5%
Implied 1-yr
+10.2%
2026 Q3
$189.8K
2026 Q4
$193.9K
ZIP 61071 — Median Price History + Forecast

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