Illinois

Heritage Lake

Census-designated place Heritage Lake is a census-designated place in Illinois, in Tazewell County. A census-designated place is an unincorporated community that the Census Bureau defines for statistics; it has no city government of its own.

The median owner-occupied home in Heritage Lake had a real-estate tax bill of $4,605 (± $211) a year, compared with $5,189 in Illinois and $2,969 nationwide. The median home value was $210,600 (± $16,944), compared with $250,500 in Illinois and $303,400 nationwide.

U.S. Census Bureau estimates for Heritage Lake, Illinois and the United States, with margins of error
MeasureHeritage LakeIllinoisUnited States
Population 1,708 ± 247 12,692,653 332,387,540
Median annual property tax bill (homeowners) $4,605 ± $211 $5,189 ± $19 $2,969 ± $3
Median home value $210,600 ± $16,944 $250,500 ± $863 $303,400 ± $362
Median household income $117,422 ± $21,982 $81,702 ± $363 $78,538 ± $176
Property tax as a share of home value (calculated) 2.19% ± 0.20 points 2.07% ± 0.01 points 0.98% ± under 0.01 points
Homes lived in by their owners 97.4% ± 5.7 points 66.8% ± 0.3 points 65.0% ± 0.3 points
Owner households headed by someone 65 or older Too imprecise to report (estimate 34.4%, margin of error ± 18.4 points) 31.3% ± 0.1 points 32.6% ± 0.2 points
Owners spending 30% or more of income on housing costs Too imprecise to report (estimate 12.8%, margin of error ± 16.4 points) 22.1% ± 0.2 points 22.2% ± 0.1 points
How to read these numbers

Source: U.S. Census Bureau, American Community Survey 5-year estimates, 2019–2023: tables B25103 (real estate taxes), B25077 (home value), B19013 (household income), B01003 (population), B25003 (owners and renters), B25007 (age of householder), B25091 (housing costs as a share of income); see the Census ACS data page.

If property taxes go unpaid in Illinois

How it works. County tax sale of lien/certificate followed by circuit-court petition for tax deed

Excess sale money. Effective 2026 amendments create a surplus-equity fund. A former owner who loses property by issuance of a tax deed may seek an award based on property value less liens under 35 ILCS 200/21-302, subject to statutory rules

These rules are set by Illinois, not by Heritage Lake, so this section is the same for every place in the state. Last verified 2026-09-25. See the full Illinois entry with statute links.

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